Romania Infrastructure Report Q4 2013 - New Report Available

Recently published research from Business Monitor International, "Romania Infrastructure Report Q4 2013", is now available at Fast Market Research

Logo

Boston, MA -- (SBWire) -- 09/11/2013 --Romania's economy as a whole is estimated to have grown by 0.5% in real terms during 2012, and we forecast that growth in 2013 will be 1.7%, according to our Country Risk team's latest macroeconomic outlook. However, it is thought that the construction sector outperformed the economic growth rate. Underpinning our relative optimism for the sector is the strong performance of the roads and power sectors, along with an improving non-residential construction outlook. For 2013, we expect real growth of 1.9% for the construction industry, which is a return to growth after an estimated 0.9% contraction in 2012, which could in fact be revised upwards revealing an even smaller decline. Over the period 2014-2017, we expect that Romania's construction market will expand at annual rate of 3.2%, while the period 2018-2022 will see continued annual growth of around 3.1% in real terms, making for a reasonably auspicious longterm outlook in comparison to the previous years. Risks to our construction sector forecasts are to the downside, with Romania's exposure to the downturn in the eurozone market and structural barriers despite EU membership weighing heavy on growth. The risk to the generous renewables tariffs which have driven growth in the energy and utilities industry are also a major downside risk. Until the eurozone crisis fully abates, it is unlikely that the residential construction market will improve in light of concerns over job security and wages.

View Full Report Details and Table of Contents

About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff will help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Construction research reports at Fast Market Research

You may also be interested in these related reports:

- China Infrastructure Report Q4 2013
- Canada Infrastructure Report Q3 2013
- Greece Infrastructure Report Q2 2013
- Oman Infrastructure Report Q3 2013
- Thailand Infrastructure Report Q3 2013
- Rex Energy Corporation Oil & Gas Exploration and Production Operations and Cost Analysis - Q1, 2013
- InterOil Exploration & Production ASA Oil & Gas Exploration and Production Operations and Cost Analysis - Q4, 2012
- Total S.A. Oil & Gas Exploration and Production Operations and Cost Analysis - Q1, 2013
- Hess Corporation Oil & Gas Exploration and Production Operations and Cost Analysis - Q1, 2013
- OAO Novatek Oil & Gas Exploration and Production Operations and Cost Analysis - Q4, 2012

Media Relations Contact

Bill Thompson
Director of Marketing
800-844-8156
http://www.fastmr.com

View this press release online at: http://rwire.com/319873