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Romania: Construction Industry to Grow by 1.9 Percent

Published: September 12, 2013; 09:45 · (Vindobona)

The growth rate in the construction industry is even higher than economic growth in real terms.

Romania: Construction Industry to Grow by 1.9 Percent / Picture: © Flickr

According to a report by Business Monitor International (BMI), the Romanian economy is estimated to have grown by 0.5 percent in real terms last year. In its most recent macroeconomic outlook, BMI forecasts growth to increase to 1.7 percent in 2013. The construction sector, on the other hand, is expected to show an even higher growth rate powered by the strong performance of road and…

This article includes a total of 197 words.

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