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.




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  • 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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