CONSTRUCTION
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Kaufland Chooses Moldavia For Its Third Warehouse In Romania
German-held hypermarket chain Kaufland, the local grocery retail leader, will build its third warehouse in Romania in Moldavia.
Praktiker: Construction Should Be Locomotive For Entire Economy
Turkish-born businessman Omer Susli who took over the do-it-yourself retail chain Praktiker in the first half of last year says he plans to hire 400 people especially for counseling and in-s...
Major DIY Retailers See 5% To 30% Sales Growth In 2015
The year 2015 came with growth of 5% to 30% in sales for do-it-yourself businesses in Romania.
Holcim: Construction Sector Recovering After Six-Year Decline
Romania’s construction sector is recovering after six years of decline but needs infrastructure investments to be able to enjoy a sustainable recovery, says Francois Petry, chief executive o...
Romania May Start Work on EUR1B Hydropower Plant in 2016
Construction on Romania's Tarnita-Lapustesti hydropower plant could start as early as next year, energy minister Andrei Gerea told Mediafax in an interview Friday.
Ambient Sibiu Slips Back Into The Red
Sibiu-based do-it-yourself retailer and construction material distributor Ambient controlled by businessman Ioan Ciolan ended 2014 with 497 million lei (EUR112 million) revenue, down 20% on...
Construction Sector Decline Drives Major Romanian-Held Builders Into Insolvency
Eight major Romanian-held builders, whose cumulated revenue would reach about 3.6 billion lei (EUR814 million) in their heyday, have gone insolvent in the past three years, given the 40% dec...
Umbrarescu’s Construction Business Down 35% In 2014
Builders Spedition UMB and Tehnostrade, of Bacau-based businessman Dorinel Umbrarescu, ended 2014 with 529 million lei (EUR118 million) revenue, 35% lower than in 2013.
Sika: Rebound In Demand From Private Sector Construction Projects
The construction industry in Romania has entered a new cycle of growth, albeit slight, because of private sector investment. However, public construction projects are the ones that can induc...