1. Market Research
  2. > Construction Market Trends

Romania Construction and Real Estate Report - Q2, 2014

  • July 2014
  • 14 pages
  • Emerging Markets Direct Media Holdings
Report ID: 3307147

Summary

Table of Contents

This report covers the market developments in Q1/2014 and the data available as of June 2014.



The construction works index fell by 10.2% y/y in Q1/2014, driven down by the 25.4% y/y plunge of civil engineering works, apparently caused by the 47.5% cut in the government's capital expenditures. While the activity in Q1, given the seasonal factors, might not have a major impact upon full-year performance of the construction sector, the decline in April is more relevant.



In April 2014, the construction works volume further contracted by 7% y/y, on the back of the major 24.3% y/y contraction of the civil engineering segment. The fewer public funds earmarked for investments and the delays in starting major infrastructure projects affect visibly the activity in constructions. Capital spending dropped by 30% /y in April after the 48% y/y decline in Q1.



The public roads company boasts on intentions to open tenders for other 375km of motorways in 2014, worth a cumulated amount of EUR 3.8bn, but even if these tenders are launched, effects upon the construction sector are likely to be visible only starting with 2015, when the works at the projects will probably start.



The other segments of the construction sector however performed well in Jan-Apr 2014. The activity in the residential buildings sector advanced by 14.1% y/y in Q1/2014, while non-residential construction works surged encouragingly by 18% y/y.

The commercial segment- retail and office in particular- indeed has been more dynamic in the past quarters. Activity on the market has witnessed higher dynamics and many developers announced plans to develop office and retail projects in the near future.



Key points:

oConstruction works index falls 10.2% y/y in Q1/2014

oShare of construction in GDP diminishes to 3.7% in Q1/2014

oPublic roads company CNADNR plans to auction highway projects worth EUR 3.8bn in total this year

oNumber of real estate transactions rises 8.1% y/y in Jan-Apr 2014

oNEPI to complete two retail projects in 2014, project pipeline in Romania exceeds EUR 460mn

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:plp2014

Reportlinker.com © Copyright 2017. All rights reserved.

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