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Construction Sector - Romania (2009)

Romanian construction market grew 55.6% year-on-year in the fourth quarter of 2008, backed by rising volume of civil engineering works.

The value of construction works in Romania rose 26.9% in real terms on year in the first eleven months of 2008.

Romanian construction industry grew by an average 39.75% on the year in the period from January to September 2008. The volume of non-residential construction works in the same period rose by an average 34.0%, compared to the corresponding period of 2007, followed by civil engineering with 27.9%, and residential building construction with an increase of 25.4% year-on-year.
 

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