New construction works declined 6.8% to RON4.5 billion in the first quarter, from RON4.83 billion in the same period of 2013.

Investment in machinery and equipment, including transport vehicles, fell 10.9% on the year to RON5.54 billion in the first quarter, but other investments rose 10.7% to RON1.18 billion.

Broken down by activity, net investments in industry amounted to 43.5% of total investment in January through March, followed by investments in commerce and services (35.6%), constructions (13.8%) and agriculture (5.4%).

Net investments in other sectors of the Romanian economy stood at 1.7% of the overall investment in the first quarter.

The INS data include financial results from around 23,000 economic and social operators with 50 or more staff. The maximum admitted margin of error is plus/minus 3%. (EUR1=RON4.3968)