07.02.2026
What were the main business results for 2025?
2025 was primarily a year of consolidation rather than acceleration. We closed the year with a turnover of approximately EUR 15.4 million, compared to EUR 15.1 million in 2024. The growth was moderate, but in the current market context we consider it a stable and healthy outcome. More important than the absolute figures was our ability to remain active across multiple market segments, without becoming dependent on a single type of client or project.
What are your company’s business targets and plans for 2026?
Our objective for 2026 is controlled growth with a strong focus on resilience. We are investing further in strengthening our execution teams as well as our in-house production capabilities, while continuing to diversify our activity. The goal is not maximum expansion, but adaptability — building a structure that can perform under different market conditions and remain operationally flexible. We are deliberately positioning the company to be anti-fragile rather than optimized for one specific scenario.
What economic pressures (e.g., inflation, interest rates, work force issues) or regulatory and fiscal changes do you anticipate impacting the market in 2026, and how is your company preparing for them?
We expect economic pressure to remain constant throughout 2026. High financing costs, cautious capital allocation, workforce constraints, and ongoing fiscal uncertainty will continue to affect the market. We do not anticipate rapid relief from interest rates or regulatory simplification. Our response is pragmatic: tighter cost control, conservative planning, shorter decision chains, and a stronger focus on execution efficiency rather than scale for its own sake.
What do you see as the main risks for the Romanian real estate market in 2026? Where do you see the most attractive opportunities for growth?
The main risk is prolonged hesitation — delayed decisions, postponed investments, and projects remaining stuck in planning phases rather than moving into execution. In Bucharest specifically, following the recent local elections, and based on the signals and early positioning of the newly elected mayor, we anticipate a continuation of the previous administration’s approach. This likely means a city that remains largely blocked from a development and permitting perspective, with limited predictability for private investment.
At the same time, this environment creates opportunities for well-capitalized, operationally strong players who can actually deliver. Demand still exists, but it is increasingly selective and performance-driven.
Which players or strategies are going to be winners in 2026?
The winners in 2026 will not necessarily be the most aggressive or the most optimistic players, but the most disciplined ones. Companies that understand their costs, protect their margins, invest in people and production capacity, and stay close to on-the-ground realities will have a clear advantage. Execution capability and flexibility will matter more than scale alone.
