CONSTRUCTION
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Erbasu: New Tax Incentives Should Entice At Least 50,000 Construction Workers To Return To Romania
The tax incentives the construction sector got through Government Ordinance 114/2018 will lead to a 30% raise of workers’ pay, but only for skilled and productive ones, Cristian Erbasu, owne...
Globalworth Starts Construction Of New Office Building In Bucharest’s Barbu Vacarescu Area
Real estate developer Globalworth is starting the construction of the Globalworth Square office building, located in Bucharest’s Barbu Vacarescu area, in-between the Globalworth Plaza buildi...
Paver Manufacturers Ready EUR14M Investments
Three paver manufacturers have announced EUR14 million investments in production of such construction materials in 2019, on a market put at about EUR100 million.
Globalworth Completes Construction Of Renault Bucharest Connected
Real estate developer Globalworth, the leading investor on the office space office market in Central and Eastern Europe, has completed the construction of Renault Bucharest Connected (RBC),...
Four Companies Vie For EUR40M Construction Contract Of Brasov-Ghimbav Airport Terminal
Companies Bog’Art SRL Bucuresti, Construcții SA Sibiu, Kesz Constructii Romania SRL Cluj and Porr Construct SRL Bucuresti have joined the race to win a contract worth RON184.6 million (EUR39...
Construction Materials Distributor Temad Seeks 7% Growth In 2019
Brasov-based construction supplies manufacturer and distributor Temad held by businessman Florin Madar aims to boost revenue by 7% in 2019 and develop its paint distribution division.
Builder Apolodor’s Owner: I Haven’t Heard of Any Public Project Being Prepared
Builder Apolodor Com Impex’s owner Radu Ouatu is skeptical about the performance of the construction sector in 2019, saying the lack of public projects could create instability in this indus...
Construction Materials Manufacturers to Invest Tens of Millions of Euros In 2019
Companies in the construction materials sector started 2019 with investments in their budgets, even though the market appears to be unpredictable due to the Emergency Ordinance 114/2018 intr...
Hidroconstructia Revenue Down 25% in 2018
Hidroconstructia, a company among the top ten builders in Romania, saw its revenue drop by 25% in 2018, due to the decline in public sector investment. The business therefore shrank to 250 m...