CONSTRUCTION
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Helios Phoenix Set To Start Construction Of New Industrial Project In Cluj, Within EUR5M Investment
Helios Phoenix, a Greek real estate developer holding three industrial space projects in Romania, plans to start the construction of a new project in Cluj-Napoca, in the last quarter of 2019...
Mild Weather Drives Sales of Construction Material Manufacturers Up in H1
The first half of 2019 with its mostly mild weather was a godsend for the construction material manufacturers, who thus saw enough demand to ensure sales growth.
Polytechnic University Of Bucharest Gets EUR25M EIB Loan For Construction Of New Building
The European Investment Bank (EIB) has agreed to provide EUR25 million to increase the quality, efficiency and effectiveness of teaching, learning and research at the Polytechnic University...
Porr Construct Sees Over RON500M Revenue in 2018
The local subsidiary of Austrian construction company Porr Construct overshot the 500 million lei revenue mark in 2018, following a 35% increase year-on-year.
Builder Strabag Sees Profit up 50% in 2018
Austrian-held construction group Strabag increased its revenue in Romania by 10% to 688 million lei (EUR145 million) in 2018, according to the Finance Ministry website. Profit went up, too,...
Study: Over 6,500 Housing Units Under Construction In Northern Bucharest
More than 6,500 housing units are under construction in northern Bucharest and are due to be delivered on the market in 2019 and 2020, as per a study by real estate consulting firm SVN Roman...
Developers Working on 55,000 Apartments in Bucharest
A number of 318 residential projects offering more than 55,000 homes are currently under construction in Bucharest, real estate consultant Crosspoint data show.
Eurostat: Romania Sees 2nd Highest Monthly Increase In Construction Sector In EU, In Feb 2019
Romania recorded a 9.8% increase in production in construction In February 2019 compared with January, placing it second in the European Union, according to Eurostat, the statistical office...
Net Average Wage in Construction Sector Up 43%
The net average wage in the construction sector rose 43% in February 2018- February 2019 and the gross average wage rose by 18%, data published by the National Statistics Institute on Monday...