Romania's building materials market could grow to EUR 3.5 billion

19 June 2015

The building materials market will increase to EUR 3.5 billion this year, said Claudiu Georgescu, president of the Romanian Association for Construction Materials Producers.

The market is still small, but the year had a good start, although the big construction projects haven’t kicked off yet. The market could come close to the value recorded in 2011, Georgescu added, cited by local Capital.ro.

The residential construction sector is the largest consumer of materials, followed by engineering works.

Construction work increased by 12% in the first four months of 2015 compared to the same period of 2014, according to the National Statistics Institute (INS). The residential segment went up by almost 70%.

editor@romania-insider.com

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Romania's building materials market could grow to EUR 3.5 billion

19 June 2015

The building materials market will increase to EUR 3.5 billion this year, said Claudiu Georgescu, president of the Romanian Association for Construction Materials Producers.

The market is still small, but the year had a good start, although the big construction projects haven’t kicked off yet. The market could come close to the value recorded in 2011, Georgescu added, cited by local Capital.ro.

The residential construction sector is the largest consumer of materials, followed by engineering works.

Construction work increased by 12% in the first four months of 2015 compared to the same period of 2014, according to the National Statistics Institute (INS). The residential segment went up by almost 70%.

editor@romania-insider.com

Normal
 

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