? In December 2021, the volume of construction works increased, as gross series, by 18.7% compared to November 2021 and was down 0.3% as adjusted series according to the number of working days and to seasonality. ? Compared to December 2020, the volume of construction works rose, as gross series, by 2.9% and was up 0.8% as adjusted series according to the number of working days and to seasonality. ? Compared to the 1.I-31.XII.2020 period, in the 1.I-31.XII.2021 period, the volume of construction works decreased, as gross series, by 0.6%. Construction works volume lost 0.6pct in 2021, as gross series, compared to the data recorded in 2020, according to the information published on Thursday by the National Institute of Statistics (INS).Thus, in 2021, as gross series, by structural elements, there were recorded drops in the capital repair works (-22.6pct) and in the maintenance and current repairs (-7.9pct), while new construction increased by 5.9pct. Also, by type of construction projects, non-residential buildings and engineering constructions decreased by 11.4pct and 6.2pct, respectively, while residential buildings increased by 28pct.According to the same source, in December 2021 compared to November 2021, the volume of construction works increased by 18.7pct, as gross series, an increase highlighted as follows: capital repair works (+ 41.5 pct), maintenance works and current repairs (+ 23.9pct) and new construction works (+ 14.3pct).At the same time, there were increases in the various types of construction projects as follows: engineering construction works (+ 29.6pct), non-residential buildings (+ 11.2pct) and residential buildings (+ 7.6pct).In December 2021, compared to the previous month, the volume of construction works decreased as a series depending on the number of business days and seasonality by 0.3pct, a decrease marked by new construction works (-4.5pct). Major repair and maintenance work, current maintenance and repairs increased by 8.5pct and 3.5pct, respectively.By type of construction projects, the volume of construction works decreased for residential buildings (-8.8pct) and for non-residential buildings (-5.9pct). Engineering constructions increased by 7.4pct.On the other hand, the INS data show that, in December 2021 compared to December 2020, the volume of construction works as a gross series increased by a total of 2.9pct. By structural elements, there was an increase in current maintenance and repair works (+ 24.6pct). Capital repair works and new construction works decreased by 14.8pct and 0.6pct, respectively.By types of construction projects, residential buildings and engineering constructions increased by 16.4pct and 6.9pct, respectively. The volume of construction works decreased for non-residential buildings by 12.2pct.According to INS data, as a series adjusted depending on the number of business days and seasonality, the volume of construction works increased by a total of 0.8pct. By structural elements, there was an increase in current maintenance and repair works (+ 25.1pct). Capital repair works and new construction works decreased by 17.1pct and 1.6pct, respectively. By types of construction projects, residential buildings and engineering constructions increased by 18.8pct and 2.8pct, respectively. The volume of construction works decreased for non-residential buildings by 13.4pct.
June is the richest month. The most awaited two weeks in my annual festival pilgrimage. The route starts with Romania’s Transilvania International Film Festival (TIFF), followed by Italy’s (and the world’s) most comprehensive festival for restored and archival film: Il Cinema Ritrovato. To shake up the traditional article on the two, I’ll start with the […]
Different Beauty, a recently opened exhibition of works by Czech photographer David Těšínský, offers a glimpse into everyday life in the war-torn region of Donbas in 2017. The photos were taken within the span of only a few days, as Těšínský traveled to eastern Ukraine to document the lives of women impacted by war. In […]
Different Beauty, a recently opened exhibition of works by Czech photographer David Těšínský, offers a glimpse into everyday life in the war-torn region of Donbas in 2017. The photos were taken within the span of only a few days, as Těšínský traveled to eastern Ukraine to document the lives of women impacted by war. In […]
Roughly 70% of Romanians are “very” or “moderately” concerned about how AI accesses and uses their data, according to the latest survey conducted by RoCoach in partnership with Novel Research between May and June 2025. Distrust in automated decision-making and the demand for regulation are becoming more pronounced, as Romania rolls out major digitalization projects […]
The Armenian Street Festival returns for a 9th edition between August 1 and 3, 2025, in the “Dimitrie Brândză” Botanical Garden in Bucharest. The festival brings into focus the living heritage of the Armenian community in Romania and the diaspora. According to the organizers, this year’s edition aims to strengthen the Bucharest–Chișinău–Yerevan cultural axis, articulated […]
The Romanian mergers and acquisitions market registered a total of 122 announced transactions in the first half of 2025, with a value exceeding EUR 2.7 billion, marking a slight increase of 6% in volume and 4% in value compared to the same period last year, according to an analysis by George Ureche, partner at PwC Romania. […]
