Romania's construction volume close to new record in 2025

19
Feb
2026
News - Romania's construction volume close to new record in 2025 #Alexandru Atanasiu #Colliers #Construction #GDP #Infrastructure #Romania

by Property Forum | Report

Romania's construction market reached near-record levels in 2025, with work volumes growing almost 8% in the first eleven months compared to the previous year, according to Colliers' annual report. The sector now represents 9% of GDP, the highest share in the European Union and well above the 5% EU average.


The growth is driven primarily by civil engineering projects, including publicly funded infrastructure and major hospitals, which hit record levels in 2025. Non-residential construction increased over 11% compared to 2024, approaching 2023 peak levels, while residential construction grew more than 12%. Overall construction activity reached almost double pre-pandemic levels.

"The data clearly show that Romania's construction market is operating at a very high pace, close to historic highs, with this momentum driven primarily by large-scale public projects," explains Alexandru Atanasiu, Partner and Head of Construction Services at Colliers. "We are referring to volumes of work - the intensity of activity and number of labour hours - rather than the financial value of investments, which makes these results all the more remarkable."

However, the sector faces mounting cost pressures. A new carbon tax on construction materials imported from outside the EU, effective from 2026, could increase costs by 10-15%. Given Romania's heavy reliance on steel, aluminium and other metal imports, construction companies are unlikely to absorb these costs fully. Copper prices rose over 40% in 2025, reaching historic highs, while other base metals also recorded significant increases.

The construction workforce reached a record 462,000 employees in July 2025, up 1% year-on-year. Despite wage pressures in a tight labour market, Romanian construction salaries remain below other CEE countries, providing companies some flexibility. Colliers expects a more balanced market evolution in 2026, with activity continuing to be supported by public investment, provided political stability is maintained.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy