Skip to main content

Construction newsbytes: Romania and Finland

Published by , Editor - Hydrocarbon Engineering
World Cement,


According to the National Statistics Institute, the volume of construction work (in gross series) in Romania fell by 9.6% y/y in the first five months of 2014. Capital repairs works decreased by 20.1%, maintenance and current repairs works were down 11.4% and new construction works fell by 6.5%. In adjusted series (based on working days and seasonality) the volume of construction work decreased by 8.9% y/y during the reporting period.

In May 2014, the volume of construction work (in gross series) rose by some 17.4%, but decreased by 1.3% in adjusted series, compared to April 2014. Compared to May 2013, the volume of construction work (in gross series) fell by 10.7% during the month.


A new report by Timetric, ‘Construction in Finland - Key Trends and Opportunities to 2018’, has highlighted that, due to slow economic growth, the construction industry declined in 2013. According to Statistics Finland, construction companies' turnover declined by 1.9% compared to 2012, and the value add in the construction industry fell by 2.3% in 2013.

In 4Q13, the turnover of the construction industry declined by 1.5% compared to the same period in 2012. During the quarter, the turnover of specialised construction activities dropped by 2.2% and building construction decreased by 1.4%, against the same period a year earlier. However, during the reporting period the area covered under building permits reached 8.9 million m2, 13.3% more than in 4Q12.

Edited from various sources by Rosalie Starling

Read the article online at:

You might also like


Ready to revolutionise the cement industry?

Join World Cement in Lisbon, 10 – 13 March 2024, for our first in-person conference and exhibition: EnviroTech.

This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.

Final tickets on sale NOW »


Embed article link: (copy the HTML code below):