1. Market Research
  2. > Construction Market Trends

Construction in Romania – Key Trends and Opportunities to 2020

  • May 2016
  • 67 pages
  • Timetric
Report ID: 1936209

Summary

Table of Contents

Search Inside

Synopsis
In real terms, the Romanian construction industry registered limited growth during the review period (2011–2015), due to low investments in construction projects during 2011–2012. Corruption allegations against politicians adversely affected investor confidence. The industry recovered in 2013 owing to the adoption of anti-corruption reforms and gradual improvements in the country’s political conditions. Consequently, the country’s construction industry posted growth of 5.0% in real terms that year.

The industry is expected to expand over the forecast period (2016–2020), driven by improvements in investor confidence and subsequent funding for infrastructure, residential, commercial and industrial projects.

The government’s Transport Master Plan, First Home program and Rural Development Program (RDP) will support industry growth over the forecast period.

The industry’s output value in real terms is expected to rise at a compound annual growth rate (CAGR) of 4.28% over the forecast period; up from 1.42% during the review period.

Over the forecast period, the government’s efforts to improve transport and residential infrastructure will support industry growth. In addition, the government’s aim to develop local energy resources and is expected to support investments in energy infrastructure projects, which will fuel industry growth.

Summary
Timetric’s Construction in Romania – Key Trends and Opportunities to 2020 report provides detailed market analysis, information and insights into the Romanian construction industry including:

- Romanian construction industry's growth prospects by market, project type and construction activity

- Analysis of equipment, material and service costs for 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

Scope
This report provides a comprehensive analysis of the construction industry in Romania. It provides:

- Historical (2011-2015) and forecast (2016-2020) valuations of the construction industry in Romania using construction output and value-add methods

- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by project type

- Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)

- Analysis of key construction industry issues, including regulation, cost management, funding and pricing

- Detailed profiles of the leading construction companies in Romania

Reasons To Buy
- Identify and evaluate market opportunities using Timetric's standardized valuation and forecasting methodologies.

- Assess market growth potential at a micro-level with over 600 time-series data forecasts.

- Understand the latest industry and market trends.

- Formulate and validate strategy using Timetric's critical and actionable insight.

- Assess business risks, including cost, regulatory and competitive pressures.

- Evaluate competitive risk and success factors.

Key Highlights
- To improve transport infrastructure and promote economic growth, the government is planning to implement the transport master plan, which was approved by the European Commission (EC) in July 2015. Under this program, the government announced its intentions to invest RON190.4 billion (US$47.7 billion) to develop road, rail, water and air transport infrastructure until 2030.

- With the aim of achieving self-sufficiency in energy production, the government is planning to invest RON491.0 billion (US$123.0 billion) under the energy strategy 2015–2035. This plan includes investments in energy, oil and gas, and mining infrastructure by 2035. To replace the aging energy production plants, the government is planning to add two new units to the nuclear plant located in Cernavoda, with an investment of RON29.5 billion (US$7.4 billion).

- To develop small-scale rural infrastructure, the government is planning to invest RON36.7 billion (US$9.2 billion) under the RDP until 2020. This includes investments for the improvement of local road infrastructure for agricultural purposes and forestry roads.

- With the aim of improving access to healthcare services, the government implemented the Health for Prosperity (2014–2020) National Health Strategy. As a part of this strategy, it seeks to promote healthcare as a key determinant for the development of economic and social conditions. Under the strategy, community healthcare will become cost-effective.

- The World Bank granted a RON949.2 million (US$283.4 million) loan in March 2014 to help Romania improve and enhance its healthcare system. Effective until 2020, the project aims to improve efficiency, quality and access to public healthcare services by developing hospitals and the healthcare service-delivery network.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Ahmad helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Global Building & Infrastructure Construction Industry Databook for 20 Countries – Market Size & Forecast by Value and Volume across 40+ Market Segments in Building Construction and Infrastructure Construction (2012 – 2021)

  • $ 8900
  • Industry report
  • April 2017
  • by ConsTrack360

The global construction industry in value terms increased at a CAGR of 9.6% during 2012-2016. Over the forecast period of 2017 to 2021, the industry is expected to record a CAGR of 9.9%, increasing from ...

Global Building Construction Industry Databook for 20 Countries – Market Size & Forecast by Value and Volume across 30+ Market Segments in Building Construction (2012 – 2021)

  • $ 6900
  • Industry report
  • April 2017
  • by ConsTrack360

During the review period, value of global building construction industry recorded a CAGR of 11.3%. CAGR during the forecast period of 2017 to 2021 is expected to be 11.2% with value reaching US$ 10,682.3 ...

Global Non-Residential Building Construction Industry Databook for 20 Countries – Market Size & Forecast by Value and Volume across 20+ Market Segments in Non-Residential Building Construction (2012 – 2021)

  • $ 5900
  • Industry report
  • April 2017
  • by ConsTrack360

The global non residential construction industry in value terms increased at a CAGR of 10.9% during 2012-2016. Over the forecast period of 2017 to 2021, the industry is expected to record a CAGR of 11.7%, ...


ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.