Construction works dropped slightly in EU in June 2025, compared to May 2025, but Romania is one of the member states with the highest advance of construction works, from one month to another, according to data released by Eurostat on Thursday. According to these data, construction works dropped by 0.8% in the euro zone and by 0.5% in EU, in June 2025, against May. However, the most important increases were recorded in Slovakia (5.3%), Romania (4.5%) and Poland (3.2%). In Romania's case, the 4.5% increase in June 2025 comes after a decline of 0.2% in May. At annual level, in June 2025, against June 2024, construction works went up by1.7% in the euro zone and by 1.9% in EU. In this case too, Romania is among countries with the highest advance of construction works (7.1%). The highest increases in EU were recorded in Spain (31.4%), Czechia (14%), Slovakia (9.8%) and Slovenia (9.3%). According to data previously presented by the National Statistic Insitute (INS), in Romania, reported to June 2024, the volume of construction works went up by 8.8%. Increases were recorded for capital repairs (+39.3%), new building works (+5%) and current maintenance and repair works (+4.6%). According to the type of constructions, engineer works went up by 12%, residential buildings by 10%, non-residential buildings by 1.5%. According to INS, in June 2025, the volume of building works grew by 5.4% compared to the same month of 2024. According to structue elements, capital repair works went up by 35.1%, maintenance and current repairs by 4.3% and new construction works grew by 1.9%. In the same reference period, the volume of construction works went up for engineering works (+9.9%) and residential buildings (9.5%). At the opposite pole we find non-residential buildings, with a frop of 0.3%. From one month to another (May-June 2025) building works recorded increases both for gross series (+14.5%) and adjusted series (+4.4%).
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
