Authorizations for construction of housing up 26.6 pct in November

Anca Alexe 08/01/2018 | 10:33

The number of construction authorization for residential buildings was up last November by 26.6 percent compared to the same month of the previous year, to 3,383, being driven by the rise in demand in all the country’s regions, according to the National Institute for Statistics (INS).

In October, the number of authorizations grew by 13.1 percent from October 2016.

In total, in the first 11 months of last year, the number of construction authorizations increased by 7.6 percent compared to the same period of 2016, up to 38,879.

Out of all the authorizations issued in November, 60.4 percent were in rural localities. Compared to the same month of 2016, there were increases in all the regions of the country.

The largest increases in the number of authorizations, according to INS data, were in Bucharest-Ilfov (+360), North-West (+106), South-East (+90), Centre (+53), South West Oltenia (+49), North East (+27), South-Muntenia (+21) and West (+5).

In 2016, the number of authorizations for residential buildings had decreased by 1.2 percent from 2015, due to a reduction in demand in Bucharest, Moldova and Muntenia.

BR Magazine | Latest Issue

Download PDF or read online: November 2022 Issue | Business Review Magazine

The November 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Samsung Remains Top Consumer Tech Provider on Romanian Market.” Read
Anca Alexe | 29/11/2022 | 10:17

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of business-review.eu
    I agree with the storage and handling of my data by business-review.eu
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue