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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Construction activity up 8.4% YoY in Jan-Feb

The construction works volume index increased by 7.7% in February compared to the same month last year (YoY) and by 8.4% YoY in the January-February period, according to data from the statistics office INS.

The residential building sector remains the main driver, with a 26% YoY advance in February and 31% YoY for the entire January-February period.

The non-residential buildings sector posted a decent 8.7% advance in February (+14.3% in January-February), but the civil engineering segment lags behind with negative performances (-3.5% YoY and 0-7.3% YoY, respectively).

When it comes to the type of projects, the construction works on new projects advanced by only 3.8% YoY in February (+5.1% YoY in January-February).

The maintenance and capital repair works dominate the market with annual growth rates of 16%-17% YoY in February. 

(Photo: Bogdan Hoda/ Dreamstime)

andrei@romania-insider.com

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Construction activity up 8.4% YoY in Jan-Feb

The construction works volume index increased by 7.7% in February compared to the same month last year (YoY) and by 8.4% YoY in the January-February period, according to data from the statistics office INS.

The residential building sector remains the main driver, with a 26% YoY advance in February and 31% YoY for the entire January-February period.

The non-residential buildings sector posted a decent 8.7% advance in February (+14.3% in January-February), but the civil engineering segment lags behind with negative performances (-3.5% YoY and 0-7.3% YoY, respectively).

When it comes to the type of projects, the construction works on new projects advanced by only 3.8% YoY in February (+5.1% YoY in January-February).

The maintenance and capital repair works dominate the market with annual growth rates of 16%-17% YoY in February. 

(Photo: Bogdan Hoda/ Dreamstime)

andrei@romania-insider.com

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