Major builders’ optimism is also reflected in hiring intentions, with 62% of managers and entrepreneurs saying headcount increased in 2024 against 2023.
The most frequently quoted challenge by major builders (69%) is related to the rising workforce direct costs. Right after project delay, the challenge ranking third is the one linked to insufficient training in the constructions field.
Thus, 7 out of 10 builders say they continue to cope with a skilled workforce shortage.
“On the construction market, the situation is not all roses, with challenges major builders need to overcome being signaled,” stated Andrei Spataru, IBC Focus CEO.
The survey reveals that most entrepreneurs anticipate steeper competition amid the arrival of new players on the market.
For the first time in the history of Romania, the number of companies in the construction industry went beyond 90,000, showing the industry is attracting ever more players.
(English version by Catalina Apostoiu)