The project, House Residence 2, will consist of 240 apartments and will stretch onto an area of 6,800 square meters. Construction works will take place in three stages, in the period June 2018 – November 2020. The first stage is due for completion in November 2019.
Compania Eren Cons is owned by entrepreneur Paul-Iulian Enache, 37, and Primo-Pin is owned by his mother Lenuta Enache, 57, and administrated by Paul-Iulian Enache. According to finance ministry data, Primo-Pin had four employees in 2016 and posted a profit of RON1.8 million and a net turnover of RON6 million.
Eren Cons had 72 employees in 2016, a profit of RON1.79 million, and a turnover of RON46.3 million.
Primo-Pin developed a previous residential project in Brasov, House Residence 1. By the end of 2017, it had sold all 160 apartments in the project’s five apartment buildings.