Romania is construction industry leader in the EU

Romania is EU construction industry leader, in first place in terms of growth in the construction industry sector in the November 2007 - November 2006 period, according to data provided by European statistics institute, Eurostat. However, it should be mentioned that the Eurostat data did not include several European states.

In November 2007, the volume of constructed buildings increased year-on-year by 32.6 percent. Production in the EU's construction sector grew by an average 0.8 percent, although a 0.8 percent drop was reported for the Euro zone.

Moreover, Romania witnessed a 1.8 percent monthly increase, compared to October 2007, placing it second after Poland, for which a 2.3 percent increase in construction production was reported.

Business Standard