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Romanian Construction Mkt Seen Up 35% This Year, To EUR14B

The Romanian construction market is seen increasing 35% this year to EUR14 billion, fueled by EU structural funds and investments in infrastructure, according to data of the Romanian Association of Construction Entrepreneurs, cited by Arad-based Contor Group.
Romanian Construction Mkt Seen Up 35% This Year, To EUR14B
20 mart. 2008, 14:26, English

Last year, the construction sector rose to EUR10.5 billion, water and energy meter maker Contor Group said a statement.

End last year, the vice-president of the Construction Employers’ Association, Razvan Niculescu-Aron, said the construction market will increase this year by at least 20%.

He also said at that time the growth on the market would be driven by the increased volume in constructions and the large number of projects already approved.