- 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%).
A new four-star hotel is set to rise next to Bucharest’s Henri Coandă International Airport, following a EUR 45.5 million investment announced by real estate developer D. GROUP. The Wyndham Garden Bucharest Airport Hotel, scheduled to open in July 2027, will introduce the Wyndham Garden brand to Romania for the first time. Located 150 metres […]
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Romanian producers from Timiș and Tulcea claimed three gold medals at the 2025 edition of the Concours International de Lyon, one of Europe’s leading cheese and dairy competitions. Held in Lyon, the event brought together products from 15 countries and awarded a total of 680 medals, including 459 gold and 221 silver. From Romania, Asociația […]
Allianz-Țiriac Asigurări and Campion Grup, owner of one of Romania’s largest insurance brokerage companies, have signed an agreement under which the insurer will acquire the entire shareholding of Campion Broker. Founded in 2007 by entrepreneur Octavian Tatomirescu, Campion Broker currently ranks seventh among insurance brokerage firms in Romania and operates a nationwide distribution network of […]
Romania’s national team learned its potential group-stage opponents for the 2026 FIFA World Cup on Friday, December 5, during the official draw held at the John F. Kennedy Center for the Performing Arts in Washington, D.C. The winner of the UEFA play-off path that includes Romania will join Group D, alongside the United States, Paraguay, […]
