ARTICLES LABELLED WITH TAG construction

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.

Skanska is redefining demolition with its “remolition” project. Mercury, the future development by Skanska in Prague’s Holešovice, is designed to minimise its carbon footprint throughout its lifecycle.

The Romanian construction sector recorded a 3.1% growth in the volume of works in March 2025 compared to March 2024, adjusted for the number of working days and seasonality, according to the National Institute of Statistics (INS).

Since the onset of Russia’s full-scale invasion, Ukraine has experienced profound demographic and economic shifts. One of the most significant developments has been the increasing strategic importance of the country’s western regions—Lviv, Ivano-Frankivsk, and Zakarpattia—as safe havens for internally displaced persons (IDPs), as well as new focal points for business relocation and investment. The Ukrainian Real Estate Club has summarised the situation for Property Forum.

Romania’s volume of construction work increased in the first two months of the current year, with a 16.7% rise in the unadjusted series, and a 19.5% rise in the series adjusted for working days and seasonality versus 2024, according to data from the National Institute of Statistics (INS).

Construction labour cost and availability have become the primary concerns for real estate developers in Central Europe, according to a new survey by Deloitte. This shift sees it surpassing project financing, which has been the dominant issue in recent years.