Romanian construction sector down by 1.5 per cent in Q1

The total volume of construction works in Romania went down by 1.5 per cent in the first quarter of the year, while that of residential buildings went up by 77.2 per cent. On structure elements, there were decreases in the maintenance and common repairs by 15.3 per cent and for the major repairs by 10.2 per cent. The new constructions work went up by five per cent.

2017-06-20 15:15:16 - From the Print Edition

Decreases were recorded on engineering constructions and on non-residential buildings, by 22.5 per cent and 10.6 per cent respectively. On adjusted series, according to the working days and seasons, the constructions work volume dropped overall by 6.4 per cent. On structure elements, decreases were recorded on maintenance works and 16.8 per cent on current constructions and on major constructions by 15.7 per cent.

The new construction works went up by 3.8 per cent. The volume of construction works went down on engineering constructions by 19.6 per cent and on non-residential buildings by 12.4 per cent. The construction works volume went up on residential buildings by 52.8 per cent.

The construction works volume increased on gross series by 37.9 per cent, a growth more visible in the major restorations by 191.7 per cent, maintenance works and current restorations by 36.5 per cent and new constructions by 25.1 per cent in March compared with February. There were increases in engineering constructions (77 per cent), non-residential buildings (35.2 per cent) and residential buildings (3 per cent). On adjusted series, according to working days and seasons, the construction works decreased overall by 0.1 per cent, a drop more visible in new constructions, by 6.9 per cent.