Romania, residential construction +13.5% year-on-year
Data Jan-Nov 2016, infrastructure works down by 5.8%
16 January, 17:46(ANSA) - TRIESTE - Construction works in Romania's residential sector grew by 13.5% in the first eleven months of 2016 compared to the same period in 2015, data released by the National Bureau of Statistics show. The non-residential constructions were up by 2.3% in the same period of reference, while infrastructure works dropped by 5.8%. Last November a 78% growth was registered in terms of residential construction compared to the same month of 2015. Non-residential constructions grew by 17.9% in the same period, while the infrastructure sector saw a 37.4% drop. In 2008, the record year for construction works in Romania, over 64,000 houses were built, while the successive years saw a recession due to the economic crisis. The recovery started in 2015, when a 10.4% increase was registered on a yearly basis. (ANSA).