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Romania Feb Residential Building Permits +19.3% MM, -39.2% YY

Romania issued 2,272 buildings permits for residential projects in February, up 19.3% compared with the previous month, and 39.2% lower on the year, the statistics institute INS said Monday.
Romania Feb Residential Building Permits +19.3% MM, -39.2% YY
29 mart. 2010, 10:03, English

Nearly 66.8% of the building permits issued in February were for residential projects in rural areas, namely 1,517 permits.

The number of issued building permits rose in all areas on the month in February, most of them in the southern-Muntenia region, the western part of teh country, the southwestern region of Oltenia and the Bucharest-Ilfov area. Hence, the northwestern area accounted for a fall in the number of building permits.

Compared with February 2009, the biggest decreases were registered in the southern-Muntenia region, the northeast and southeast and the Bucharest-Ilfov area.

In the first two months of the year, Romania issued 4,176 building permits for residential projects, down 32.7% compared with the similar period a year earlier, INS also said.