Romanian statistics

Romania in top 10 retail countries in Europe

In terms of new investments, the retail segment n Romania developed well in 2009. Also, total retail stock added some 160.000 sqm last year, which places the country the 8th in the European top!

Acording to the greatest database with construction sites and projects in Romania, www.raportuldeinvestitii.ro , 2010 sounds also good for the retail segment as 2009 recorded 234 future investments:

Overall, in 2009 the Investment Report recorded 44 mall/shopping centres under construction, while other 50 were announced for 2010:

 

Moreover, Romania is placed 8th in a top realized by CB Richard Ellis, regarding the most attractive countries for retailers in 2010, 25% out of the 220 analyzed investors wanting to expand on the Romanian market this year.

Source: www.raportuldeinvestitii.ro, Construct Intelligence

2010 - a year of great potential for HORECA sector

According to the latest report realized by IBC Focus, 42 new investments are announced for 2010 in the Romanian hospitality industry.

60% of the projects are already under construction:

As for the regions with the greatest number of hospitality investments this year, the central region will count for 10 new units, while in Bucharest only 3 investments are programmed for 2010.

More that 50% of the HORECA & Relaxation* projects recorded in the entire year of 2009 in the Investment Report are future projects (intention, designing stage or auction) – counting for 823 projects. Therefore this sector still represents great potential for the companies interested in this kind of investments.

*this segment includes projects like hotels and spas, pensions, pools, conference and exposition halls, coffee shops and restaurants, museums and theatres.

2009 diagnosis for medical sector in Romania – active pulse

At the end of 2009 there were more future projects than under construction sites in the medical segment.

 More hospitals than day care centres in 2009

From the total number of medical construction projects recorded in 2009 in the Investment Report, most of them (71%) were hospitals, clinics, medical office, etc. This sustains the idea that Romania needs heavy supply of medical units in the near future.

 North Eastern region concentrates the largest number of medical projects

Overall, in 2009 the North Eastern region was granted the largest investments for medical and scientific projects. Moreover, the IBC Focus study on this segment reveals that the same region concentrates the largest number of projects in 2010.

More information on the medical segment in Romania only in Construct Intelligence, the annual report on the Romanian construction market in 2009.

The final numbers of the Romanian construction market for 2009

According to the data provided by the largest online database with construction sites in Romania, in the year 2009 the number of sites verified by the IBC Focus consultants were over 11750. You can find below the monthly evolution.

Source: www.raportuldeinvestitii.ro

 

 

Companies in the sector forecast the market’s revival in the second half of 2010

According to a study realized in September by IBC Focus, most of the respondents (45%) forecast that the construction market will record growth starting with the second semester of 2010.  Another great part of the respondents (30%) are more pessimistic and see a revival only starting with 2011.

The study was conducted in September 2009, on 184 marketing & sales managers and company administrators.

Logistics sector will revive in 2010 due to great demand and high yields

Logistics sector will revive starting 2010, when demand for industrial space will be high again and investors will, once again, focus on this profitable segment.

According to an analysis realized recently by IBC Focus based on the data gathered from the Investment Report, there were 196 logistic centers and warehouses recorded during January-October 2009. When finalized, all these will add approximately 350.000 sqm to the logistics stock recorded at the end of 2008. 

Therefore, if at the end of 2008 newly built logistics space amounted to 880.000 sqm, at the end of 2009 it will reach approximately 1.230.000 sqm.

If in 2007-2008 the trend was renting preponderantly large spaces, in 2009 small rents supported logistics space market. According to the same analysis 75% of the logistics projects recorded in the first 10 months of the year were small and medium sized.

As future trend, IBC Focus considers that investors will migrate towards other interesting parts of the country, after having invested largely in the Bucuresti-Ilfov area in 2009.

Romania keeps losing from its attractiveness: FDI and country brand in continuous fall

Romania, placed 81 put of 102 countries in terms of national branding

According to Country Brand Index Report Romania is under developed in terms of national brand; country’s profile is not distinct to other nationalities. This Report quantifies a country’s image according to 29 criteria, from history to business environment and economic situation.

Source: Country Brand Index

The country that ranks first in this year’s report is the USA followed by Canada, Australia, New Zeeland and France.

FDI – only 50% of the value recorded in 2008

Foreign Direct Investments in the first 9 months of this year dropped to 3.5 billion Euros, which represents 50% of the investment attracted in the previous year, according to National Bank of Romania.

Source: National Bank of Romania

51% of future construction projects are in stand-by

According to an analysis conducted recently by IBC Focus Company, based on the construction projects recorded in www.raportuldeinvestitii.ro in November of this year, only 49% of the construction projects in the designing stage, auction or intention are active.

Regarding the projects under construction or in the finishing stage, 90% are active and only 10% are in stand-by at the moment.

State investments – lead the top of stand-by future projects

According to the aforementioned analysis, the segment with the largest number of future projects in stand-by is Social and Community Construction projects, where most of the developers are State institutions.

Private residential sector leads the top of construction sites in 2009

According to the data taken from the largest database with construction sites in Romania, www.raportuldeinvestitii.ro out of the 10.300 construciton sites recorded in the first 10 month of this year, 2.656 were projects under construction or in the finishing stage.

Out of these projects under construction, private residential projects counted for 26.3%, ranging first sector with the largest amount of sites under construction.

These numbers grounde IBC Focus’ predictions from April 2009, according to which this year there will be more dwellings finalized than the previous years, due to the large number of residential projects started in the boom year.

If previous years were characterized by large housing projects, this year a great part of these projects are in stand-by due to lack of financing. In exchange, medium and small projects continued their development, as you can see below:

Future sounds good for the food industry: 53 planned investments

Food industry seems to be among the few sectors protected by the economic recession. A study conducted by Prognosis in the first semester of 2009 shows that agriculture and food industry were the top industries for future investments in Romania.

This fact is emphasized by an internal study carried out by IBC Focus in July 2009 on the food industry in Romania, according to which this sector was the 3^rd most active in terms of industrial construction projects recorded in the Investment Report, with 16% from the total number of industrial projects verified by IBC Focus.

Moreover, the number of projects planned to be developed starting with the second half of this year represents 72.6% of the total number of investments in the local food industry.

Source: www.raportuldeinvestitii.ro and The Food Industry Investments Report