BUILDERS
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Building Giants Controlled by Dorinel Umbrarescu Overshoot RON5B Turnover Threshold, Report Rising Profit for 2024
Spedition UMB of Bacau, controlled by Dorinel Umbrarescu, posted turnover of above RON5 billion last year, up 61% from 2023. Net profit rose to RON81.7 million, from RON49.5 million in 2023.
Four Major Romanian Builders Team Up to Participate in RON6B Tenders for Regional Hospitals of Iasi, Craiova and Cluj-Napoca
Constructii Erbasu, Bog’ Art, Concelex and CON-A, four of the largest builders controlled by Romanian entrepreneurs, with cumulated turnover of RON5.2 billion in 2023, double from 2022, have...
IBC Focus: Six of Ten Largest Builders in Romania Expect Turnover Growth in 2024, 70% of Them Feel Skilled Workforce Shortage
Six of the ten largest builders in Romania forecast turnover growth this year, particularly supported by public works, reveals an IBC Focus survey, while 20% see stagnation and 20% a decline...
Romanian Builders Start Developing Own Infrastructure Prefab Plants
Supply crunches and the desire of no longer depending on suppliers have pushed several Romanian builders to invest in their own building materials plants.
PORR Construct 2021 Turnover Flat at RON845M YOY
PORR Construct, among the five biggest builders on Romania’s market, recruited over 100 people in 2021 and maintained turnover at the same level as in 2020, when it posted RON845 million.
Tierra Scavi, SA&PE Construct To Build Two Sections of Craiova-Pitesti Expressway
Tierra Scavi and the consortium SA&PE Construct are the two builders for the first two sections of an expressway linking Craiova to Pitesti in southern Romania, the country's roads authority...
Pogonaru Family Awaits Bids From Builders To Erect Veranda Mall
Businessman Florin Pogonaru’s family, which plans to develop a shopping center called Veranda on a 4.5-ha land plot close to Bucharest’s Piata Obor, launched the auction for the selection of...
Petrom City Builder Sells EUR7M Worth Of Assets After Going Insolvent
Casa de Insolventa Transilvania, the judicial administrator of builder Alpine SA, put up for sale assets with a starting price of EUR7 million of the Austrian-held company, which is under in...
Delta ACM 93 Sees Revenue Top EUR100M In 2015
Bucharest builder Delta ACM 93, controlled by businessman Florea Diaconu, expects flat revenue in 2015 against last year, of around EUR100-105 million.