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Articles - constructions

Increasing construction costs, the biggest challenge of 2022 for real estate companies in Romania and other countries in the region

The increase in construction costs represents the biggest challenge of 2022 for 90% of the real estate companies in Romania and in other countries in this region of Europe, according to the Deloitte Real Estate Confidence Survey for Central Europe 2022, conducted in the second quarter of this year in Romania, Poland, the Czech Republic and Hungary.

Construction sites are working at a normal pace during this period

Colliers International has monitored construction works, from foundation to delivery, for projects with almost 750,000 square meters in the last 5 years, of which three quarters in the industrial area, almost 20% in the office area and 5% in the residential area.

Ongoing investments: CBRE manages construction and fit-out projects of over 80 million euros

While the current situation imposed by the COVID-19 pandemic has delayed various investments, CBRE’s Building Consultancy team, leader in the real estate consultancy market, continues to manage ongoing projects of over 80 million euro invested in the medical, production and IT&C fields in different areas of Romania.

Constructors in Romania warn the government: the construction market crisis could lead to economy recession

Representatives of the Federation of Construction Companies Employers (FPSC) warn that the current construction crisis could throw the economy into recession and ask the government for tax subsidies and facilities to raise workers' wages in construction and halt the exodus of employees abroad, as well as a minimum salary of 500 euros, and total tax of 20%, reduced from about 45% today.

Cluj-Napoca , the First City in Romania to Issue Online Urbanism Certificates

Cluj-Napoca becomes the first city in Romania where the urbanism certificates, as well as other documents, are issued in electronic format.

Managers in Romania estimate declines in trade and construction until February

Romanian managers expect a moderate decrease in trade and a steep decline in construction between December and February, as well as a decrease in the number of employees in both sectors, according to data published on Wednesday by the National Statistics Institute (INS).

Romania’s constructions sector down in October by 0.1 pct

The constructions works registered a drop in October by 0.1 percent compared with the same month of 2015, because of the decline in infrastructure works, while the residential constructions works went up significantly, according to the data published by the National Institute of Statistics (INS).

Construction permits down 10.1 pct in July, compared to the same period in 2015

The number of construction permits for residential buildings issued in July 2016 dropped 10.1 percent compared to the same period in 2015, and by 4.1 percent compared to June 2016, the Romanian National Institute of Statistics (INS) announced in a press release sent to Agerpres on Monday.
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