- In July 2021, the volume of construction works decreased, as gross series, by 5.8% compared to the previous month and was down 3.6% as adjusted series according to the number of working days and to seasonality. - Compared to the corresponding month of the previous year, the volume of construction works fell, as gross series, by 2.4% and was up 0.3% as adjusted series according to the number of working days and to seasonality. - Compared to the 1.I-31.VII.2020 period, in the 1.I-31.VII.2021 period, the volume of construction works increased, as gross series, by 4.4% and rose, as adjusted series according to the number of working days and to seasonality, by 3.1%. The volume of construction works increased, as gross series, by 4.4%, in the first seven months of the year, compared to the data recorded in the same period of 2020, according to information published by the National Institute of Statistics (INS) on Thursday.Between January 1 and July 31, 2021, as a gross series, by structural elements, there was an increase in new construction works by 12.7%, while decreases were registered in overhaul repair works (-14.3%) and for current maintenance and repairs (-9%).Also, on construction objects, there was an increase of 28% in residential buildings. In contrast, non-residential buildings and engineering constructions decreased by 3.6% and 1.6%, respectively.According to the quoted source, in the first seven months of the current year, compared to the similar period of 2020, the volume of construction works increased, as series adjusted to the number of working days and seasonality, by 3.1%, a trend highlighted in new construction works (+10%). On the other hand, overhaul repairs and current maintenance and repairs decreased by 12.8% and 9.2%, respectively.At the same time, by construction objects, there was a jump in the case of residential buildings (+19.1%), but in non-residential buildings and engineering constructions there were decreases by 4% and 0.7%, respectively.Compared to the period July 2021 - June 2021, the volume of construction works decreased, as a gross series, by 5.8%, as well as by 3.6% as an adjusted series. In both cases, the decrease was determined by the activities at the capital repair works (-14.6% and -10.2% and the new construction works (-5.8% and -4.6%).In addition, on construction objects, there were decreases as follows: non-residential buildings (-16.9%, as gross series, respectively -16.8%, as adjusted series).INS data show that, in July 2021 compared to July 2020, the volume of construction works decreased as a gross series (-2.4%), but increased as an adjusted series (+0.3%).
The budgetary measures taken so far by the government of Romania are insufficient for stabilising the public debt to GDP ratio, and taking further steps will be complicated by recession – a "very likely scenario" for H2 this year – and the lack of coherence among the members of the ruling coalition, according to Nichollas […]
In a celebration of gastronomic art, creativity, and passion that define the fine dining experience at the highest level, JW Marriott Bucharest Grand Hotel proudly hosted two exceptional culinary evenings with Michelin-starred Chef Theodor Falser, who has held a Michelin star for ten consecutive years. Held on September 24 and 27, the two events offered […]
Vegis.ro announces discounts of up to 70% on over 4,000 natural and organic products Vegis.ro, Romania’s largest online store for organic, natural, and bio products, kicks off its Black Friday campaign on November 6 at 8:00 PM, offering discounts of up to 70% on more than 4,000 products across categories such as Supplements and Remedies, […]
NATO Secretary General Mark Rutte tried to calm security worries during his visit to Bucharest, saying the Alliance’s commitment to Romania remains strong, even after recent changes to the US troop presence. Standing next to president Nicuşor Dan on Wednesday, November 5, Rutte stressed that NATO fully understands Romania’s strategic importance on the eastern...
During the General Meetings of Shareholders of EVERGENT Investments held on October 29, 2025, all proposals submitted by the Board of Directors and included on the agenda were approved by a large majority. The main resolutions adopted were: the implementation of a share buyback program for up to 43,300,000 own shares, to be carried out […]
Romania is ready to become a strategic partner for India in Central and Eastern Europe, as it has the necessary infrastructure, skills and is also a member of the largest common market in the world - the European Union, Minister of Economy Radu Mituta said, as the Ministry of Economy, Digital Transformation, Entrepreneurship and Tourism […]
