Due to economic growth, demand for office spaces, housing, and industrial constructions has grown significantly and sales in the construction materials sector could reach a record RON30 billion this year, the survey found.
After construction works fell 5.4% in 2017 compared with 2016, this year could see a revival of the market, Arabesque estimates.
According to data from the statistics board, construction works grew 8.4% in the first two months of the year.
According to the survey, there are over 60,000 construction companies operating in Romania. According to Arabesque, the profitability of the construction industry grew considerably from RON2.39 billion in 2012 to RON5.1 billion in 2016.