The Building Industry - A Flourishing Sector of the National Economy

Cristina Ploscaru and Bogdan Budică
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Cristina Ploscaru: University of Craiova, Romania
Bogdan Budică: University of Craiova, Romania

Annals of the University of Petrosani, Economics, 2009, vol. 9, issue 4, 149-154

Abstract: The building industry has been one of the most dynamic fields of the Romanian economy over the last years. The increase in the number of builders, the penetration on the Romanian market of a large number of branches of the multinational companies, the major investments in large projects, they all give the coordinates of an intensely competitive construction market. In this paper we wanted to point out the fact that the building industry is a significant branch of the national economy, as it plays an important role in the development and modernization of the Romanian society. We also wanted to provide an overview of the building industry evolution on the basis of the economic financial indicators in this sector.

Keywords: building industry; builders; construction GDP; economic indicators; GDP (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pet:annals:v:9:i:4:y:2009:p:149-154

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