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Romania sees largest growth in Europe for construction businesses

de Radu Rizea
Joi, 17 iulie 2008, 14:18 English | Business

Romania recorded in May the most important annual growth rate of the construction works in the entire European Union, with 31.5%. Romania is followed in rank by Bulgaria and Poland, with 16.3%, data published by Eurostat, the European Statistics Institute, reveal. Romania also had record levels in April and March, with 30% and 32.5% respectively.

The most important decrease of this market was recorded in Spain, Portugal and the Czech Republic (-10.8, -6.8 and -2.1%, respectively).

The Eurostat data for 13 EU states out of 27 indicate that the construction market increased 0.7%, compared to May 2007, while the average for the European currency zone shows a 1.1% decrease.

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