The upward trend was underpinned by growth across all structural components of the investment sector. 

The bulk of capital targeted new construction works, which totaled RON133.87 billion (EUR26.77 billion), representing a 6.1% increase in volume. Investments in equipment, including transport vehicles, grew by 3.5% to RON58.42 billion (EUR11.68 billion). 

Additionally, the category of “other investment expenditures”—which includes geological works, research, and design—saw a 4.3% rise, amounting to RON24.16 billion (EUR4.83 billion).

Q4/2025 showed even stronger momentum, with net investments reached RON73.59 billion (EUR14.72 billion), a 7.7% increase compared to the same period of 2024. The quarterly surge was primarily driven by a 36.4% jump in volume for “other expenditures,” which grew to RON8.52 billion (EUR1.70 billion).

In the same quarter, equipment investments increased by 7.6% to RON21.51 billion (EUR4.30 billion), while new construction works grew by 3.5% to RON43.56 billion (EUR8.71 billion).