Investment in new construction increased

According to data from the National Institute of Statistics, net investment in the national economy reached 118.5 billion lei in the period January-October this year, reflecting an impressive 14.4% growth compared to the same period last year.

Diversification on the rise:

Investment growth was seen at all levels, with significant expansion across all structural elements. Other expenditure increased by 28.6%, new construction work by 14% and investment in machinery (including transport equipment) was up 11.5%.

Focus on new construction:

Investment in new construction prevailed, totalling 74.2 billion lei in the first ten months, highlighting significant interest in infrastructure development and construction projects.

The third quarter confirms the upward trend:

In Q3 2023, net investments reached 48.8 billion lei, registering a robust 16.6% growth compared to the same quarter of the previous year. This upward trend was supported by increased investment in all categories, with other spending up 35.9%, new construction up 19.2%, and investment in machinery up 7.4%.