Horea Pasc, country manager of MP IFMA, discusses the situation of the Romanian market and what are the main pitfall buying lifts in an interview with IBC Focus. 

“The next 6-12 months will be difficult for the Romanian construction sector”, he explains. “Raw material and energy prices, war, inflation, expensive financing… all these are likely to slow down the development of construction in the near future”. 

But despite the difficult economic, financial, fiscal, energy and geopolitical situation, Romania faces a perhaps unique opportunity, with generous EU funding for the rehabilitation, consolidation, renovation and energy efficiency of buildings.