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The automotive industry is the best performing sector in Romania in 2018

10 january 2019

In Bulgarian   In Macedonian   In Romanian   In Serbian

 

During the most of 2018, the GDP growth rate in Romania is 4% higher than in 2017, with the best results being registered in the automotive, electrical and pharmaceutical industry, BalkanEngineer.com learned from Romania-Insider.com.

 

 

Towards the end of 2018, the industry is generating a slowdown in the economic growth, with the main reason being the tight labour market. But it is also a chief driver for investments in technology and equipment for efficiency increase. The added value of the produce has increased by 4.4% in the first three months of 2018.

 

The construction sector in Romania is generating a decline, with the lack of labour force again being among the main obstacles. The volume of construction works has declined by 3.6% on an annual basis by October 2018.

 

Source of images: pexels.com

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