Economy | 3 December, 2025 at 7:53 PM
Romanian insolvencies surge 46.5% in November 2025
Romanian businesses continue to face financial difficulties, with insolvency cases reaching 985 in November 2025.
Romanian businesses continue to face financial difficulties, with insolvency cases reaching 985 in November 2025.
Globalworth Romania has begun construction of Green Court D, the fourth building in the Green Court complex in Bucharest's Aurel Vlaicu area. The project is scheduled for completion in 2027 and is currently in the preliminary construction stage involving enclosure and basement excavations.
IBC Focus, a company specialising in construction sector data, has begun its internationalisation strategy by expanding into Moldova.
Romania's construction work volume increased by 9.3% in the first nine months compared to the same period in 2024, according to data from the National Institute of Statistics (INS).
Industrial developer CTP reported net rental income growth of 15.4% year-on-year to €549 million in the first nine months of 2025. The company achieved like-for-like rental growth of 4.5%, driven by indexation and lease renewals.
Romania's construction sector represents nearly 8% of GDP in the past four quarters, the highest share in the European Union, according to Eurostat data analysed by Colliers. This level significantly exceeds the EU-27 average of 5% and confirms construction's growing importance in the local economy. Romania also recorded the second-fastest post-pandemic growth in construction activity within the EU.
West Group has announced a robust financial performance for the first nine months of the year, reporting a consolidated revenue of over €65 million.
The volume of construction works increased by 9.7% in the first eight months of 2025 compared to the similar period in 2024, according to the gross series data from INS.
Local developer ELI Parks has started the construction of ELI Park 5 Bucharest in partnership with general contractor Eren Cons. Located in the north-western area of Bucharest, ELI Park 5 continues the expansion of the ELI Park Bucharest development, an industrial hub designed for efficiency, flexibility, and sustainability.
Foreign direct investments (FDI) in Romania's real estate and construction sector more than tripled between 2014 and 2024, increasing by €15.1 billion to reach €21.6 billion by the end of last year. The sector's share of total FDI stock rose from 10.6% to 17.3%, according to National Bank of Romania (BNR) data analyzed by Cushman & Wakefield Echinox.
Romanian developer Iulius has launched Europe's largest private bioremediation project, investing €29 million to clean 38 hectares of contaminated land in downtown Constanța. The project will transform the former Oil Terminal platform into an integrated urban regeneration complex worth over €800 million.
Bellemonde has announced the launch of Bellemonde Privée, a new residential project in Pipera adding 52 villas to the growing community. The total investment amounts to €25 million, with approximately 65% secured through a financing partnership with Vista Bank.
The volume of construction works grew by 12.2% in unadjusted terms and by 10.7% as a seasonally and working-day adjusted series in the first seven months of 2025 versus the same period of last year, according to the National Institute of Statistics (INS).
M Core has started development of M Park Galați, the city's first retail park, on a 100,000 sqm plot acquired in December 2024.
The Romanian construction market has reached a new historic milestone with 460,000 employees as of the end of May 2025, also marking a 7% increase in the volume of works during the first five months of the year compared to the same period in 2024.
The Federation of Construction Companies' Employers (FPSC) has voiced concerns regarding the Government's recent fiscal and budgetary measures.
Attila Beer, CEO of Alukönigstahl Romania & Republic of Moldova, talked to Property Forum about the demand engines that will drive the market this year and the growing investment in durable envelope solutions for buildings.
Construction materials supplier Saint-Gobain Romania has appointed Jakub Kotala as its CEO starting July.
Romania's construction sector began 2025 with robust growth, but experts from Colliers are now forecasting a significant slowdown in H2 2025.
While the Southeast European region is projected to maintain its 2024 activity levels, reduced optimism in Eastern Europe is largely attributed to a worsened forecast for Turkey, finds the latest report of the Eastern European Construction Forecasting Association (EECFA).
Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.
The European Retail Banking Radar, Kearney's latest study now in its 18th edition, shows that Europe is entering a period of normalisation following the conditions of 2023–2025. For Romania, the challenge extends beyond the normalisation of interest rates.
Digi Spain has announced its intention to launch an initial public offering (IPO) on the Spanish stock exchanges, aiming to raise approximately €150 million.
Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.
The European Commission has approved, under EU State aid rules, Romanian measures for the national investment and development bank Banca de Investiții și Dezvoltare (BID).