Romania Investment Marketbeat H2 2020 - CWEchinox

Romania Investment Marketbeat H2 2020

Romanian economy, more resilient than initial forecasts

A -12.2 q/q economic decline was recorded in Q2 2020 followed by the first steps towards recovery in Q3, when a 5.8% q/q growth was noted. Retail sales recorded a surprising 2.1% y-o-y increase during the first eleven months of the year, while construction works registered an impressive year-on-year increase of 17% in the January-November period. In 2020, the total volume invested in real estate assets in Romania reached €914 million, a 28% increase compared 2019.

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