Construction Pace in Romania – First in European Union (EU)

Construction works place Romania 1st within EU
NineO’Clock July 30 2008
by Karina Lerintiu

Around 30,000 authorizations for the construction of residential buildings were issued in the first six months of the year, the last report of the National Institute of Statistics (INS) shows. More exactly, 29,394 authorizations were issued in the first half of the year, meaning a growth of 12.9 per cent against the same period of 2007.

The most important growths were registered in the development regions Sud-Muntenia, with an advance of 965 authorizations, Bucharest-Ilfov (plus 815 authorizations), Centre (576 authorizations) and Nord-Vest (550 authorizations). The useful surface for which the authorizations were issued increased in June to 1.64 M sq m, compared to 1.1 M sq m in June 2007.

Six per cent more authorizations were issued last June than in the same month of the past year. But compared to May, a fall of 2.4 per cent was registered last June.In June the weight of the authorizations issued for the rural area was more important than that for the urban environment. Thus, 59.9 per cent of the total number of authorizations were issued for the rural area. In three of the eight development regions there was a slight decrease of the number of authorizations issued for residential buildings. This tendency was obvious also in the development regions South-East, South-Muntenia, South-West Oltenia. On another hand, in the regions Vest, Bucharest-Ilfov County, North-West, Centre and North-East the number of authorizations issued for the construction of residential buildings decreased.

NineO’Clock January 18, 2008
by Eugenia Golub

Construction works have placed Romania 1st within the EU for the third consecutive month, with an annual growth rhythm of 32.6 per cent in November 2007 after registering a growth rhythm of 38.1 per cent in October and 40 per cent in September, Rompres informs.

Poland and Slovenia trail our country far behind, with a growth rhythm of 11.1 per cent and 9.1 per cent respectively. Construction works in the EU-27 have registered an annual growth of 0.8 per cent in November 2007, following a 3 per cent growth in October. On the other hand, in the 13-member state Euro Area construction works have registered a 0.8 per cent drop compared to the level registered in November 2006, following an annual growth rhythm of 2.8 per cent in October 2007. In Romania, construction works have registered a growth of 33.2 per cent in November 2007 compared to the same month the previous year. The growth has made itself felt in all types of constructions – non-residential buildings (45.7 per cent), engineering constructions (32.7 per cent) and residential buildings (26.6 per cent). On the other hand, in November 2007 the construction works have dropped by 6.5 per cent compared with October 2007. Compared with the level registered in the previous month, the engineering construction works have registered a drop of 14.3 per cent in November, the non-residential construction works have grown by 2.9 per cent while the residential construction works have grown by 2.5 per cent.