Construction Market | Romania | 2009 - 2020

construction market2020

In 2013 the construction market fell 3% comparing to 2012, to €16.1 bln, of which Gross Value Added (GVA) amounted to €11.3 bln. The share of construction in GDP formation was 7.9% in 2013, but in 2014 will rise to 8.1%. InterBiz analysis reveals a very high growth potential of the construction sector. To reach the average EU Romania needs investment in construction of buildings and civil engineering worth ~ €150 bln. For example, in transport infrastructure Romania should have ~3,900 km of highways, by 3,250 km more than now.