Romania leads Europe in construction with 8% GDP share

30
Oct
2025
News - Romania leads Europe in construction with 8% GDP share #Alexandru Atanasiu #Colliers #Commercial #Construction #GDP #Infrastructure #Motorway #Residential #Romania #Silviu Pop

by Property Forum | Report

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.


In the first eight months of 2025, construction work volume was approximately 58% higher than the same period in 2019, increasing the sector's GDP share from below 6% to nearly 8%. "This is the highest share in the European Union, driven largely by infrastructure investments, as well as private projects in the residential and commercial segments," explains Alexandru Atanasiu, Board Member & Head of Construction Services at Colliers. He notes that the 250 kilometres of motorway opened last year would be equivalent, relative to the country's size, to inaugurating around 10,000 kilometres in China.

However, challenges persist as economic uncertainty and fiscal pressures affect both residential developers and infrastructure projects. Delays in financing and difficulties absorbing EU funds are slowing progress. The government's target of opening 200-300 kilometres of new motorways appears increasingly difficult to achieve, with Colliers estimating around 100 kilometres could be completed by year-end in an optimistic scenario.

"The fact that last year's motorway openings were proportionally on par with China's construction pace, while this year we're seeing a downturn again, is alarming for the industry," warns Silviu Pop, Director CEE & Romania Research at Colliers. He emphasises that another slowdown would mean losing momentum built over several years, with ripple effects across investments and related industries.

Market participants fear cashflow instability and potential payment delays amid economic slowdown and EU funding issues. In the first eight months of 2025, engineering works increased 12% year-on-year, residential building work advanced 10%, and non-residential buildings recorded 6% growth.




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New leases

  • The global fintech group - Capital.com - has extended its lease agreement for 3,000 sqm of office space in the Skyliner office building in Warsaw until 2032. Over the past 12 months, lease extension agreements for a total of nearly 12,000 sqm have been signed in the building.
  • REHAU, a global manufacturer of advanced polymer solutions, has signed a lease for approximately 4,100 sqm of space at MLP Business Park Poznań. The new facility will integrate warehouse operations with modern office space and a dedicated showroom for product presentations, corporate meetings, and technical training.
  • RecuNova has leased 305 sqm in the Bucharest-based Olympia Tower office building for a new medical clinic. The lease deal was brokered by Activ Property Services.

New appointments

  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.


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