In September 2023 compared with August 2023, seasonally adjusted production in the construction sector increased by 0.4% in the euro area and by 0.5% the EU, according to first estimates from Eurostat, the statistical office of the European Union. In August 2023, production in construction fell by 1.1% in the euro area and by 0.8% in the EU. In September 2023 compared with September 2022, production in construction decreased by 0.3% in the euro area and increased by 0.1% in the EU. Monthly comparison by construction sector and by Member State In the euro area in September 2023, compared with August 2023, civil engineering increased by 1.5% and building construction by 0.2%. In the EU, civil engineering increased by 1.1% and building construction by 0.3%. Among Member States for which data are available, the highest monthly increases in production in construction were recorded in Slovenia (+7.4%), Poland (+3.6%) and Slovakia (+2.3%). The largest decreases were observed in Hungary and Romania (both -1.9%), Portugal (-1.2%) and Austria (-0.9%). Annual comparison by construction sector and by Member State In the euro area in September 2023, compared with September 2022, building construction decreased by 0.3%, while civil engineering increased by 2.5%. In the EU civil engineering increased by 2.8% and building construction decreased by 0.1%. Among Member States for which data are available, the highest increases were recorded in Slovenia (+32.1%), Poland (+13.8%) and Romania (+10.9%). The largest annual decreases in production in construction were observed in Finland (-6.2%), Spain (-6.1%) and Hungary (-6.0%).
Aluminium producer ALRO, a subsidiary of Vimetco PLC from Cyprus, celebrated 28 years on the Romanian stock exchange (BVB) and 60 years of uninterrupted industrial activity. Its market capitalization has increased nearly 21 times since its listing and now exceeds RON 1 billion. The company’s history began with the first batch of Romanian aluminium, on June […]
Something is quietly shifting in Romania. In places where paperwork, patchy Wi-Fi, and long queues once ruled, change is starting to show. Towns are more connected, cities are getting smarter, and essential services are beginning to live online, not in line. A tidal wave of digitisation is common to other areas of the globe, that’s […]
Several segments in Romania's A7 and A8 highway projects have lost funding from the National Recovery and Resilience Plan (PNRR) due to project delays, the minister of investments and European projects, Dragoș Pîslaru, announced on Tuesday, July 15, as reported by Biziday.ro. He did not specify which segments of these highways were affected. The statement […]
Real estate developer Redport and businessman Dan Șucu officially inaugurated the showroom for their latest residential project, Vitality Est, and announced the start of construction work on the site near Pantelimon Park and Lake in eastern Bucharest. The project, estimated at EUR 50 million, will include 500 apartments and 400 square meters of commercial space. […]
According to an analysis from real estate consultant Colliers based on National Bank of Romania data, Romanians spent more than EUR 3 billion on international travel in the first four months of 2025, 15% more than in the same period of 2024. If the current pace continues, Romanians’ spending on foreign holidays and business travel […]
Around 3.1 million Romanians lived outside the country in 2024, making Romania first among European Union countries in terms of the number of its citizens living abroad, in another EU member state, according to an infographic presented by the European Parliament. Roughly 16% of Romanians lived abroad last year, most in Italy (1.07 million), Germany […]
