New Market Report: Romania Infrastructure Report Q1 2015
BMI believes that Romanian construction fell back into recession in 2014 primarily due to the lack of new projects that would drive growth. A number of mismanaged and cancelled projects have also dampened the construction sector's performance. As the government announces new tenders and works on a framework strategy for the transport sector, the EU's 2014-2020 cohesion funds will start filtering through. Consequently, BMI forecasts cautious recovery as of 2016. Residential and non-residential sectors as well as the energy sector...
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