Analysis of construction sector in Romania (May 2026)

Romania

Field: Construction Industry

Analysis of construction sector in Romania (May 2026)

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“The Analysis of the Construction Market in Romania” is probably the most comprehensive report currently available on the market, providing a detailed overview of the evolution of Romania’s construction industry — an industry exceeding EUR 50 billion in annual value.
Data updated to 2025!

Market context and outlook (2026–2028)

The years 2026–2028 are expected to bring major challenges for Romania’s construction industry. In previous years (2021–2022), several key indicators reached the highest levels of the past decade, while 2023–2025 recorded mixed results — declines in certain segments and growth in others.

Rising costs for raw materials and energy, inflation, and higher financing expenses strongly impacted the residential construction market during 2023–2024. In 2025, political instability and budgetary tensions further hindered industry growth. Consequently, the 2026–2028 period is shaping up to be one full of uncertainty and transformation.
To navigate this environment, companies need a comprehensive and transparent overview of the market — and this report offers precisely that.

Key questions addressed by the report

  • What is the current situation and outlook for the residential construction sector?

  • What are the real housing needs in Romania, and how much has actually been built?

  • How will higher mortgage costs and rising property prices affect demand?

  • How has the non-residential sector evolved in recent years?

  • What are Romania’s plans for infrastructure development, and how realistic are they?

  • How does the gap between planned vs. actual public investments look?

  • How did the main construction materials markets (cement, rebar, masonry, etc.) evolve in 2025 vs. 2024 (and 2019–2024)?

Why this report is valuable

  • Provides all key statistical indicators on Romania’s construction sector from INS, BNR, Eurostat and other sources — fully updated to 2025

  • Evaluates the market context in 2025 in correlation with macroeconomic factors.

  • Assesses the inflationary impact (2025–2028) on major construction drivers, especially in the residential segment.

  • Includes an in-depth analysis of all major materials markets — cement, rebar, masonry, roofing, insulation (EPS, XPS), and others.

  • Features a forecast for 2026–2028, based on current economic conditions and influencing factors.

Report structure (approx. 80 pages)

  1. Macroeconomic analysis – Romania vs. EU (GDP, inflation, FDI, employment, etc.)

  2. Construction market overview – Value, permits, completions, regional segmentation.

  3. Residential sector – Permits, completions, dwelling stock, affordability, mortgage trends.

  4. Non-residential sector – Office, industrial, retail, HoReCa, and public buildings.

  5. Infrastructure and public investments – Roads, railways, water, airports; planned vs. achieved results.

  6. Forecast 2026–2028 – Market outlook by sector and construction type.

  7. Construction materials markets – Cement, rebar, masonry, insulation, roofing, etc.

The full report is available in English and includes all quantitative data and charts for detailed analysis and decision-making.

The detailed table of contents of the study is presented below:

Note that the report is available in English.

1. Basic macroeconomic indicators
1.1. Annual GDP 2020-2025 (value, current prices)
1.2. Short-term GDP growth (volume, % y/y)
1.3. Individual sector contribution to GDP (% of Gross Value Added, or GVA)
1.4. GDP growth in Romania vs. European Union (EU 27)
1.5. Inflation – Consumer Price Index (CPI)
1.6. Net investments
1.7. Construction cost
1.8. Inward Foreign Direct Investments in Romania (FDI)
1.9. Economic sentiment indicator
1.10. Population (million persons, Jan 1st)
1.11. Employment rate in Romania vs. European Union (EU27)
1.12. Revenues and expenditure per household

2. Building permits and contracted construction works
2.1. Building Permits – predictor for construction market’s dynamics
2.2. Contracted construction works (construction market) – breakdown

3. Residential: building permits, contracted works, dwellings completed
3.1. Building permits: number, area, average useful area/permit
3.2. Contracted works – by structure elements and construction objects
3.3. Completed (delivered) dwellings
3.3.1. Completed (delivered) dwellings – by region
3.3.2. Authorised versus delivered dwellings
3.4. Dwellings stock – breakdown
3.4.1. Access to utilities in Romania’s conventional dwellings
3.5. How many dwellings are needed in Romania?
3.5.1. Big picture: number of dwellings is rising while resident population is not
3.5.2. The age structure of Romanian dwelling stock
3.5.3. Problems related to Romania’s dwelling stock
3.5.4. Demographic drivers for residential real estate
3.6. Financial elements relevant for the residential real estate market
3.6.1. Mortgage lending: interest rates, flow and stock
3.6.2. Households’ incomes, transfers and their bank deposits
3.6.3. Property prices
3.6.4. Real Estate Market Trends and Transactions

4. Non-residential: building permits, contracted works
4.1. Building permits for non-residential constructions
4.2. Contracted works – by structure elements and construction objects
4.3. Non-residential construction market: segmentation
4.3.1. Warehouses, manufacturing facilities a.k.a. Logistic and Industrial
4.3.2. Buildings for wholesale trade and retail a.k.a. Commercial (HoReCa included)
4.3.3. Administrative buildings a.k.a. Office

5. Civil-engineering and other state-funded construction works
5.1. The value of civil engineering construction works
5.2. Road network
5.3. Railways network
5.4. Water and sewage network

6. Forecast of construction market in Romania
6.1. Structural analysis and the forecast of the residential construction market
6.2. Forecast of construction market in Romania – by type of works

7. The analysis of the main construction materials markets in Romania
7.1. Cement market in Romania
7.2. Steel rebar market in Romania
7.3. Analysis of expandable polystyrene market
7.4. Masonry materials market – the total size and segmentation depending of the type of materials
7.5. Roofing materials market

8. Financial analysis of top 100 construction companies in Romania
8.1. Top 100 construction companies
8.2. Top 50 construction companies of residential and non-residential buildings
8.3. Top 50 roads and highways construction companies

9. Financial analysis of top 100 distributors of construction materials in Romania
9.1. Top 100 distributors of construction materials

How to get the study?

The study can also be purchased from the Shop section of our website, from this link. For other information or alternative delivery methods (offline), please contact us.

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