Romanian statistics

How large is the warehouse structures market in Romania?

In March 2010, IBC Focus conducted the most complex research on the warehouse structures market in Romania. The research is based on the answers of 125 Contractors and 108 Designers of industrial projects.

Moreover all data is supported by the analysis of 13.750 construction sites and projects monitored by IBC Focus during January 2009 – March 2010. Take a look at the monthly evolution of construction investments published on www.raportuldeinvestitii.ro in 2009:

 

According to the analysis of the projects monitored in www.raportuldeinvestitii.ro, below we present you the segmentation of the warehouse structure market, in terms of the number of investments recorded in the analyzed period:

 

Click here to find out more details about the most complex research ever conducted in Romania regarding the warehouse structures market.

25% of the future construction projects are in stand-by

According to a recent analysis realized by IBC Focus based on the projects and construction sites verified in January 2010, a quarter of the projects in stages like intention, project or auction were in stand-by.

The analysis is based on the data gathered by the IBC Focus consultants from 1.248 construction sites and projects. The industrial segment  (i.e. production and logistics spaces, food sector investments, etc) counts for the largest number of inactive projects, with 37% of the total number of inactive projects verified in the period aforementioned.

Below we present the balance of the stand-by projects divided by segments, as presented on www.raportuldeinvestitii.ro

Another trend that we want to highlight is that big and medium projects were the most affected by financial lack:

More details in Construct Intelligence. The analysis is based on data from www.raportuldeinvestitii.ro

How do companies in the construction market promote their business online?

During 23 December 2009 and 22 January 2010, IBC Focus realized a study on the trends that characterize online promotion in the Romanian construction market. The study is based on the responses of 258 marketing/sales managers or business administrators from companies in the construction sector.

Take a look at some of the highlights:

Which do you consider the most effective online promotion tool for you business?

 

 

Are you registered in one of the following virtual social networks?

 Find more information only in the February edition of Construct Intelligence.

How will wage in the Romanian construction market evolve in 2010?

More than half of the sales consultants in the construction market (53%) forecast their wage will remain at the same levels recorded in 2009. At the same time, 17% expect their revenues to drop in 2010.

If revenues are expected to languish sales targets will increase in the first half of 2010, as 46% of the respondents assert:

These trends were revealed by a study realized during 4 – 15 February 2010 by IBC Focus, on a sample of 97 sales and marketing specialists and company administrators. For more market studies and reports visit www.iresearch.ro

The steepest fall in the construction sector – the equipment market

In the first 11 months of 2009 the sales of construction equipments in Romania dropped 7 times compared to the same period of the previous year – to 421 units. Therefore this is the most affected segment of the local construction market.

In 2009 the construction equipments market was evaluated to 250 million Euros by companies.

Below you can see the turnovers recorded by the main companies in this market in 2008:

 *the figures mentioned above are stated in the Romanian currency

50.000 employees in the construction sector to lose jobs in 2010

In 2009, the number of employees in the construction market was down to 350.000 and it will continue to drop this year too.

ARACO (Romanian Builders and Contractors Association) representatives forecast that the number of unemployed persons in this sector will be more than 50.000.

Below you can see how workers number in the construction sector diminished in the last 2 years:

Read more in Construct Intelligence.

January 2010: 64 bankrupt companies recorded daily

The list of the bankrupt companies grows every day. Only in January 2010, there were 2 000 insolvent companies. A simple calculation shows that every day, 64 companies in Romania were unable to pay their debts.

In terms of economic sectors, 40% of the insolvent companies were from retail sector, followed by construction sector, with 15%:

 

Half of the companies activating in the construction sector could be closed in 2010

The number of the companies in the construction market could halve this year if the Romanian Government doesn’t react. Last year, one third, meaning 20 000 companies were insolvent or even bankrupt.

More details in: Construct Intelligence

How much did the Romanian construction market contract in 2009?

According to INS data, in 2009 construction sector in Romania recorded a 12.2% fall in comparison to the previous year, after 2 years when Romania was the star of the construction market in the EU:

According to ARACO (Romanian Builders and Contractors Association) the Romanian construction market fell 17% in 2009, dropping to a value of 12.2 billion Euros. The Association forecasts a contraction of the market of 9% in 2010.

Source: Construct Intelligence

 

Industrial investments move to Transylvania

During January 1-December 15 2009, IBC Focus verified over 1 200 industrial projects, out of which 55% were future projects. This clearly indicates the potential this segment has on the short and medium term.

Moreover, according to IBC Focus monitoring the industrial segment in the last month of the previous year, 70% of the industrial projects remained unaffected by the economic recession.

Between 2006 and 2008 approximately 40% of all industrial investments were concentrated in the Bucuresti-Ilfov area. Beginning with 2009, investors have preferred Transylvania region (North West and Center), which at present stands for the region with the highest potential in the country.

Source: Construct Intelligence

2009 trend in office sector: companies build their own headquarters

According to the number of construction projects recorded in 2009 on the office segment, 40% were office projects that had as investor even the company that would occupy the space.

At the same time, 2009 was the year when the boom of building office spaces for rent purposes began its decline – the volume of office rent transactions represented only 45% of the volume recorded in 2008.

In terms of new investments 2009 brought the delivery of 400.000 sqm of new office space. Moreover, according to the Investment Report, there were 237 projects under construction and only 196 future projects recorded in the entire year of 2009 in the largest database with construction sites in Romania.

Concerning the hot regions with office space - Bucharest remains the leading region, counting for 25% of the total number of office investments in Romania.