ARTICLES LABELLED WITH TAG construction

Despite the escalation on the front lines and increased shelling of civilian infrastructure in peaceful cities since the beginning of summer, the Ukrainian construction market has seen an increase in the number of new projects launched and completed in the first half of the year. The Ukrainian Real Estate Club has summarised the situation for Property Forum.

Digitalisation of the construction permitting process has proven to be a significant obstacle to the development of cities and municipalities, according to the recent CEEC Research survey. In practice, it is still not working as expected. On a scale from 0 (completely non-functional) to 10 (fully functional), city representatives have given the system an average score of 3.40.

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. 

Stagnant productivity and a shortage of workers in the construction industry could lead to a deficit of up to $40 trillion in the global construction sector by 2040, according to the latest analysis by McKinsey & Company. According to a survey by PlanRadar, 63% of construction companies consider construction to be an area that no longer attracts young people.

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).  

HSF System, a member of the PURPOSIA Group investment holding, has completed the construction of the first warehouse hall in the LOGspot Logatec logistics complex in Slovenia. The project investor is the development company Atrios.

Terra Romania Utilaje de Construcții, part of Austrian construction equipment distributor Terra Holding, has opened its new HQ in Brașov, following an investment of  €2.7 million.

The residential construction in the Czech Republic has been facing a confusing permitting system, lengthy processes and frequent obstructions. The Czech Republic has long been one of the countries with the most complicated construction procedures in Europe, ranking, according to World Bank data (2020), 157th out of 190 countries monitored, reports the real estate office Philip & Frank.

The Hungarian construction sector experienced a significant slowdown in Q1 2025, with the value of new construction starts dropping sharply compared to the previous quarter and the same period last year. This weak start comes despite a surge in activity at the close of 2024, driven by major project launches.