Construction works shrink 8.6 pct in 6 months

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The Romanian construction works shrank 8.6 percent in the first half of 2009 from same period a year ago, show figures released by the National Institute of Statistics on Friday.

Drops were recorded at current maintenance and repair works (20 pct), capital repair works (17.9 pct) and new building works (3.1 pct). In terms of types of construction, the works were down in engineering construction by 16.5 percent and non-residential buildings by 7.9 percent.
The residential construction works were up 8.2 percent.

The volume of the construction works by adjusted values depending on the number of workdays and seasonality was down five percent Jan. to June 2009 from the same period in 2008.

New construction posted a two percent rise. Contractions were seen by current maintenance and repair works (17.1 pct) and capital repair works (13.8 pct).

In terms of types of construction, shrinkage was recorded at engineering construction by 13.3 percent and non-residential buildings by 1.9 percent. Residential building works were up 11.7 percent.

According to the Institute, the gross volume of construction in this June went up on May by 26.6 percent and it was higher by 9.3 percent in adjusted values by the number of workdays and seasonality.

The construction works were down 5.4 percent in gross values in this June compared to June 2008. Drops were recorded in all areas: capital repair works (14.1 pct), current maintenance and repair works (7.5 pct) and new construction (3.1 pct).

By types of construction, the works were up 7.2 percent at residential buildings. Drops were seen by non-residential buildings (11.8 pct) and engineering construction (7.8 pct).

The construction works by adjusted values depending on the number of workdays and seasonality in June 2009 compared to last June were down six percent. Drops were recorded at capital repair (10.1 pct), maintenance and current repair (9.2 pct) and new constructions ( 4.4 pct).

By types of construction, the works rose 6.4 percent at residential buildings. Shrinkage was posted by engineering constructions (9.4 pct) and non-residential buildings (9.1 pct).

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