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Yahoo
3 days ago
- Business
- Yahoo
Romania Construction Industry Report 2025: Output to Grow by 2.4% this Year Supported by Increase in EU Funds, Increased Construction Activities, Rising Building Permits, Export Activities
Explore Romania's construction market growth fueled by EU funds and investments in transport and energy. Despite challenges like inflation and political uncertainty, the industry projects an average annual growth of 3.7% from 2026 to 2029. Discover insights and opportunities in our detailed market report. Dublin, June 05, 2025 (GLOBE NEWSWIRE) -- The "Romania Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2029 (H1 2025)" report has been added to Romanian construction industry is expected to grow by 2.4% in 2025, supported by an increase in the absorption of the European Union (EU) funds, coupled with an increase in construction activities, evidenced by the rising number of building permits issued, alongside export activities. Growth will also be boosted by increased investment in transport and energy projects. According to the National Statistics Institute (NIS), the total number of residential building permits issued in the country rose by 3.4% year on year (YoY) in the first two months of 2025, preceded by an annual growth of 2.9% in 2024, while the total number of permits issued for wholesale and retail buildings grew by 5.4% YoY in the first two months of 2025. Furthermore, the total value of exports grew by 0.7% YoY in the first two months of 2025, preceded by an annual decline of 0.4% in 2024, according to the INS. In February 2025, Romania's Parliament approved a national budget of RON802.2 billion ($174.6 billion), marking a 10.3% increase from the 2024 budget. The budget prioritizes economic growth, infrastructure development, sustainability, and public service improvements, while also aiming to reduce the fiscal deficit through policy reforms. However, the falling Foreign Direct Investment (FDI), elevated inflation, budget deficit and construction cost amid political uncertainty are expected to negatively impact demand and project financing, particularly for residential and transport infrastructure construction activity. Over the remainder of the forecast period, the construction industry is expected to record an average annual rate of 3.7% from 2026 to 2029, aided by investments in transport infrastructure and renewable energy. In March 2025, the government allocated RON2.9 billion ($629.7 million) to the State Aid Scheme to support industrial development and green transition in the countryScope Historical (2020-2024) and forecast (2025-2029) valuations of the construction industry in Romania, featuring details of key growth drivers. Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline. Listings of major projects, in addition to details of leading contractors and consultants Reasons to Buy Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies Assess market growth potential at a micro-level with over 600 time-series data forecasts Understand the latest industry and market trends Formulate and validate business strategies using the analyst's critical and actionable insight Assess business risks, including cost, regulatory and competitive pressures Evaluate competitive risk and success factors Key Topics Covered: 1 Executive Summary2 Construction Industry: At-a-Glance3 Context3.1 Economic Performance3.2 Political Environment and Policy3.3 Demographics3.4 Risk Profile4 Construction Outlook4.1 All Construction Outlook Latest news and developments Construction Projects Momentum Index 4.2 Commercial Construction Outlook Project analytics Latest news and developments 4.3 Industrial Construction Outlook Project analytics Latest news and developments 4.4 Infrastructure Construction Outlook Project analytics Latest news and developments 4.5 Energy and Utilities Construction Outlook Project analytics Latest news and developments 4.6 Institutional Construction Outlook Project analytics Latest news and developments 4.7 Residential Construction Outlook Project analytics Latest news and developments Key Industry Participants 4.8 Contractors4.9 Consultants5 Construction Market Data6 Appendix For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
The Star
22-05-2025
- Business
- The Star
M'sia-China event presents potential business linkups
(From left) Low, Li, Teo, Zheng and Abdul Majid launching CSITE 2025. — ONG SOON HIN/The Star China Entrepreneurs Association in Malaysia (PUCM) continues to foster strong Malaysia-China relations by promoting economic growth and cross-cultural exchange between the nations. PUCM president Datuk Keith Li said one of the association's achievements was the China Smart Industry Trade Exhibition (CSITE) promoting business links between Malaysia and China. 'Established in 2015, PUCM was started with just seven founding members and has grown into a dynamic association representing nearly 200 member companies. 'These range from those in artificial intelligence (AI) and telecommunications to construction and energy sectors. 'One of our achievements is CSITE which spotlights breakthroughs in AI, drone technology and smart city solutions. 'This links Chinese innovation with Malaysian opportunities,' Li said in his opening speech during the association's 10th anniversary celebration in Kuala Lumpur. The event also saw the launch of CSITE 2025, which featured 105 booths mainly showcasing AI, digital technology and education. Chinese Embassy minister Zheng Xuefang described Malaysia as an emerging player in AI, with a focus on leveraging technology for economic growth and regional competitiveness. 'As China is a global AI powerhouse, our two countries can benefit from collaboration in this area. 'CSITE is a great platform for Chinese and Malaysian companies to exchange views and share insights on the latest developments,' he said. Deputy Communications Minister Teo Nie Ching said China remained Malaysia's largest trading partner for 16 consecutive years, with bilateral trade reaching RM16.1bil as of March this year. 'In addition to growing trade and investment links, Malaysian citizens can now enjoy visa-free entry to China for a cumulative stay of up to 90 days over a period of six months. 'With 2026 being billed as Visit Malaysia Year, we look forward to welcoming even more tourists from China and around the world. 'In 2024, tourist arrivals from China to Malaysia rose to 3.7 million, marking an impressive increase of 130.9% year-on-year,' she added. Present during the event were Malaysia-China Business Council chairman Senator Tan Sri Low Kian Chuan, Malaysia-China Friendship Association president Datuk Abdul Majid Khan, China Silk Road Group chairman Dr Yan Lijin and Federation of Malaysia Chinese Commerce Association president Datuk Lum Kim Soong. Abdul Majid, Yan and Lum are also PUCM honorary advisors.
Yahoo
13-05-2025
- Climate
- Yahoo
Chance for scattered showers through Saturday as western Mass. approaches record May rainfall
CHICOPEE, Mass. (WWLP) – Western Massachusetts has finally seen some nice weather the past few days after a very wet start to the month. The start of May was nothing but cloudy and wet, with lots of rain falling on western Massachusetts. In the first 10 days of the month, Westover Airbase received 3.6 inches of rain, which is 0.1 inches of rain below the monthly average of 3.7 inches. Some areas in western Massachusetts, such as Conway, saw almost 6 inches of rain. LIST: Recent rainfall totals in western Massachusetts released This is no surprise, though, as spring and summer seasons continue to get wetter. According to Climate Central, the rainfall intensity for Springfield between 1970 to 2024 is up by 13 percent. The climate continues to warm, which allows the atmosphere to hold more moisture, which is contributing to more rain in our region. More rain is expected later this week. WWLP-22News, an NBC affiliate, began broadcasting in March 1953 to provide local news, network, syndicated, and local programming to western Massachusetts. Watch the 22News Digital Edition weekdays at 4 p.m. on Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
13-05-2025
- Sport
- Yahoo
Madison Scott, former Ole Miss star, cut by Dallas Wings
OXFORD, Miss. (WJTV) – The Dallas Wings have cut guard-forward Madison Scott. In April, the Wings selected the former Ole Miss Rebel in the second round of the 2025 WNBA Draft as the 14th overall pick. Dallas Mavericks win the NBA draft lottery and the chance to pick Cooper Flagg No. 1 overall During this past season at Ole Miss, Scott scored in double figures in a team-leading 21 games, averaging 11.8 points and 3.7 assists per game, leading the Rebels in both categories. Recently, she became just the fourth player in Ole Miss history to surpass 1,600 career points and 1,000 career rebounds. Scott earned a spot on the 2025 All-SEC Second Team, marking her seventh career conference honor, and received WBCA All-America Honorable Mention. She was also awarded the 2025 Gillom Trophy as the best women's basketball player in Mississippi. The Wings will finalize the team's 2025 opening day roster by May 15. Close Thanks for signing up! Watch for us in your inbox. Subscribe Now Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
13-05-2025
- Business
- Yahoo
3 Stocks Under $10 with Bad Fundamentals
Investors can certainly boost their returns by concentrating on stocks trading between $1 and $10. However, a disciplined approach is necessary because many of these businesses are speculative and lack the underlying fundamentals to support their prices. The downside that can come from buying these securities is precisely why we started StockStory - to isolate the long-term winners from the losers so you can invest with confidence. That said, here are three stocks under $10 to swipe left on and some alternatives you should look into instead. Share Price: $5.24 Founded in Sydney, Australia in 2009 by Mitchell Harper and Eddie Machaalani, BigCommerce (NASDAQ:BIGC) provides software for businesses to easily create online stores. Why Do We Pass on BIGC? ARR growth averaged a weak 4% over the last year, suggesting that competition is pulling some attention away from its software Estimated sales growth of 3.7% for the next 12 months implies demand will slow from its three-year trend Poor expense management has led to operating losses BigCommerce's stock price of $5.24 implies a valuation ratio of 1.2x forward price-to-sales. If you're considering BIGC for your portfolio, see our FREE research report to learn more. Share Price: $4.62 Open around the clock, Denny's (NASDAQ:DENN) is a chain of diner restaurants serving breakfast and traditional American fare. Why Are We Out on DENN? Disappointing same-store sales over the past two years show customers aren't responding well to its menu offerings and dining experience Free cash flow margin shrank by 9 percentage points over the last year, suggesting the company is consuming more capital to stay competitive High net-debt-to-EBITDA ratio of 5× could force the company to raise capital at unfavorable terms if market conditions deteriorate At $4.62 per share, Denny's trades at 8.9x forward P/E. Check out our free in-depth research report to learn more about why DENN doesn't pass our bar. Share Price: $11.02 Contracted by the United States Navy during WWII, Manitowoc (NYSE:MTW) provides cranes and lifting equipment. Why Do We Think MTW Will Underperform? Demand cratered as it couldn't win new orders over the past two years, leading to an average 12.5% decline in its backlog Incremental sales over the last five years were much less profitable as its earnings per share fell by 42.3% annually while its revenue grew Underwhelming 1.5% return on capital reflects management's difficulties in finding profitable growth opportunities Manitowoc is trading at $11.02 per share, or 14.7x forward P/E. To fully understand why you should be careful with MTW, check out our full research report (it's free). The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today for free.
