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Draughts and construction materials market in Romania

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The construction materials market value inched up marginally by approximately 1% y/y to around EUR 3bn in 2012, even though initial projections were more optimistic. The building materials sector recorded encouraging performance in H1/2012, but in H2 the situation deteriorated. The public spending before the June local elections drove upwards the construction (and construction materials) market, however the Jul-Aug political turmoil virtually froze all investments in the sector. Subsequently,...

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