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The real estate market is showing signs of revival, as the volume of construction works in the first trimester increased by 12% compared to the same period in 2014, and the number of construction authorizations went up by 3%, sign that developers are starting to invest once again.
The producers of construction materials listed on BSE are well positioned for the much awaited revival of demand. In the past two years, companies such as ceramic blocks producer Cemacon Zalau (CEON) or civil constructor Transilvania Constructii (COTR) have restructured their bank credits and have increased the social capital, thus improving the financing structure.
For more information, please see the Romanian version of the article, here.
