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Articles - constructions

Romania records biggest growth in construction work in EU

Romania had the biggest growth in construction work among all the European Union member states in December 2015 compared to the previous month.

Construction works had 10.4 pct growth in 2015

Construction works in Romania registered a 10.4 percent increase (gross series) on the back of an advance of 31.8 percent in capital repairs, a 13.3 percent rise in maintenance and repairs and a 5.2 percent increase in new constructions, data from the National Institute for Statistics (INS) show.

Construction works increased by 9.4 pct in first 11 months of 2015

In November 2015, the volume of construction works increased, compared to the previous month, as gross series by 7.0% and maintained the same level as adjusted series by the number of working days and by seasonality;

Sutdy: Construction costs in Bucharest, the cheapest in Europe

The costs associated with constructing the buildings of tomorrow, around the world are varied and unpredictable. Rapidly shifting commodity prices, political instability and fluctuating currencies conspire to make investment and development decisions highly complex and fraught with risk.

Forte Partners is looking for general contractor to overview works at The Bridge office building in Bucharest

Real estate investor Forte Partners started the bid for the selection of the general contractor of the first phase of the office project The Bridge, situated in Orhideea area in Bucharest, the construction works being scheduled for starting in the first quarter of next year.

Construction works pick up pace in September

In September 2015, the volume of construction works increased over the previous month, both as gross series (13.7 percent) and as adjusted series (0.7 percent), show data released by the National Institute for Statistics. In August the volume of construction works had shown a smaller rise in gross series, of 5.2 percent, while adjusted series decreased by 0.4 percent.

Construction managers expect volumes to drop 22 pct for next three months

According to the business tendency survey of October 2015 published by the National Institute for Statistics (INS), managers in manufacturing and retail trade forecast a relative stability until the end of the year for their sectors, while construction managers foresee decreases both in production and orders.

Romania has second highest increase in construction volumes in EU

Romania recorded a 10.4 percent increase in construction volumes in August over the same month of the previous year, according to first estimates from Eurostat, the statistical office of the European Union.
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