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construction sector

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Colliers: Romania’s Construction Sector Saw Record Highs In 2023 And 2024, But 2025 Expected To Be Challenging
Companies

Colliers: Romania’s Construction Sector Saw Record Highs In 2023 And 2024, But 2025 Expected To Be Challenging

Romania’s construction sector reached record highs in 2023 and 2024, backed by strong private demand for certain property segments and a significant increase in public investments, but 2025 is expected to be challenging, as per an analysis of real estate consu...

Ecaterina Craciun · 23.10.2024 · 15:15 · 4 min
Construction Sector Generated Almost Half Of Romania's 2023 GDP Growth Of 2.1%
Macroeconomics

Construction Sector Generated Almost Half Of Romania's 2023 GDP Growth Of 2.1%

Romania's economic growth of 2.1% in 2023 was generated almost 50% by the construction sector, which ended up accounting for 8% of the country's GDP, compared to 6% in 2018.

Ecaterina Craciun · 20.03.2024 · 00:59 · 1 min
Construction Volume Up 19% In 1H/2020; BT Sees Construction Sector As One Of Most Dynamic Of Post-Pandemic Economic Cycle
Macroeconomics

Construction Volume Up 19% In 1H/2020; BT Sees Construction Sector As One Of Most Dynamic Of Post-Pandemic Economic Cycle

The total volume of constructions in Romania grew 19% on the year in the first half of 2020, an evolution backed by engineering construction (infrastructure), which grew 30%. Nevertheless, t...

Ecaterina Craciun · 17.08.2020 · 11:41 · 1 min
BT Analyst: COVID-19 Pandemic To Impact Evolution Of Romania Construction Sector On Short Term
Macroeconomics

BT Analyst: COVID-19 Pandemic To Impact Evolution Of Romania Construction Sector On Short Term

The evolution of the Romanian construction sector will be impacted on the short term, especially in March and April 2020, by the effects of the COVID-19 pandemic and related measures meant t...

Ecaterina Craciun · 16.04.2020 · 11:55 · 1 min
Euler Hermes: Romania Construction Sector Sees Third Consecutive Year Of Decline In 2018
Companies

Euler Hermes: Romania Construction Sector Sees Third Consecutive Year Of Decline In 2018

Romania’s construction sector registered in 2018 the third consecutive year of decline, with a decrease of 4%, and the residential construction segment saw the biggest decline, of 25%, accor...

Ecaterina Craciun · 21.02.2019 · 14:05 · 1 min
Survey: Construction Firms In Romania To See 5% Up To 28% Higher Costs Due To New Wage Regulation
Companies

Survey: Construction Firms In Romania To See 5% Up To 28% Higher Costs Due To New Wage Regulation

Companies operating in the Romanian construction sector will register 5% up to 28% higher costs, while the employees in the sector will benefit from tax advantages following the enforcement...

Ecaterina Craciun · 17.01.2019 · 13:52 · 1 min
Study: Romania Construction Sector Sees 5.7% Loss In January-July 2017 Despite 5.8% GDP Growth
Real Estate

Study: Romania Construction Sector Sees 5.7% Loss In January-July 2017 Despite 5.8% GDP Growth

Despite Romania’s economic growth of 5.8%, the local construction sector saw a 5.7% loss in January-July 2017; the performance over the last months saw an improvement and indices rose by 2.8...

Ecaterina Craciun · 06.11.2017 · 13:40 · 1 min
Romania Posts Sharpest Decline In Construction Sector, In The EU, In April 2017
Real Estate

Romania Posts Sharpest Decline In Construction Sector, In The EU, In April 2017

Romania registered the sharpest decreases in indicators in the construction sector among European Union member states, in April 2017, compared with the previous month and with the same month...

Ecaterina Craciun · 20.06.2017 · 17:30 · 1 min
BT Chief Economist: Romania’s Construction Sector To See Annual Average Rise Of 4.4% In 2017-2019
Real Estate

BT Chief Economist: Romania’s Construction Sector To See Annual Average Rise Of 4.4% In 2017-2019

Romania’s construction sector is expected to see an annual average increase of 4.4% between 2017 and 2019, amid perspectives of continuing the post-crisis economic cycle, eliminating the spe...

Ecaterina Craciun · 15.03.2017 · 15:03 · 1 min