Metal tiles sales were mainly driven by the renovation segment this year, considering that the lack of access to financing has caused the number of new buildings to decline, say metal tiles manufacturers, reports Business Construct magazine, whose next issue will appear with Ziarul Financiar on Thursday.
Four roofs out of five have been installed for old homes this
year in Romania, after the building market has undergone a second
year of decline, with owners of older homes now finding the right
moment to invest in a roof, although some prices went up amid an
increase in the price of steel.
“According to our estimates, which are based on sales recorded so
far, and considering the parameters tightly connected to new
buildings – sales recorded on the brick and concrete segment –
around 85% of the market was accounted for by sales for renovation
projects of existing buildings, and 15% of sales for new buildings.
This proportion has to do both with the current economic context,
and with the fact that it has been quite a while since the
homeowners invested in building the house and the roof already
needs repairing,” said Zoltan Szoke, business unit manager of Ruuki
Romania and Bulgaria, in charge of the roof segment.