Building construction industry in Romania
The building construction industry represents an essential pillar of the Romanian economy, significantly contributing to gross fixed capital formation and job creation. NACE code 41 covers all building construction works for residential and non-residential buildings, from foundation pouring to roof installation, excluding technical installations and finishes.
In the last decade, Romania has experienced a real estate boom, especially in major cities, stimulated by government programs such as Prima Casă and the acute need for logistics spaces and offices. However, the sector faces structural deficiencies, such as the shortage of skilled labor, fluctuations in construction material prices, and excessive bureaucracy in obtaining permits.
Entrepreneurs active in this field must carefully manage supply chains and adopt modern technologies, such as BIM (Building Information Modeling), to remain competitive. Moreover, the pressure to comply with energy efficiency standards imposed by the European Union opens opportunities for renovating the existing building stock. Overall, NACE division 41 remains one of the most dynamic and strategic for the national economy, with sustained growth potential in the medium and long term.