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Category: Business and Industry
Date Submitted: 12/23/2014 09:26 PM
Most up-to-date research on "Construction in Romania - Key Trends and Opportunities to 2018" to its huge collection of research reports.
Synopsis
This report provides detailed market analysis, information and insights into the Romanian construction industry, including:
The Romanian construction industry's growth prospects by market, project type and type of construction activity
Analysis of equipment, material and service costs across each project type in Romania
Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Romanian construction industry
Profiles of the leading operators in the Romanian construction industry.
Data highlights of the largest construction projects in Romania
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Executive summary
The Romanian construction industry increased in value at a compound annual growth rate (CAGR) of 3.78% in nominal terms during the review period (2009–2013). Industry growth is expected to continue over the forecast period (2014–2018) as a result of both the government’s focus on developing physical and social infrastructure, and an anticipated recovery in the global economy. According to Banca Naţională a României, the national bank of Romania, foreign direct investment (FDI) in construction and real estate grew by 7.7% from RON24.4 billion (US$7.0 billion) in 2012 to RON25.9 billion (US$7.8 billion) in 2013. FDI in construction and real estate, as a percentage of total FDI, rose from 9.2% in 2012 to 9.8% in 2013, an increase of 6.5%. The increased FDI and improving consumer and investor sentiment will drive growth, and the industry is expected to post a nominal forecast-period CAGR of 1.78%.
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Scope
This report provides a...