CONSTRUCTION
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Construction Of AGRI Project Could Start After 2019
The construction of Azerbaijan-Georgia-Romania Interconnector (AGRI), to transport Azerbaijani natural gas to Romania, via Georgia, might start after 2019, and by that time, Romania will hav...
Top 20 Construction Material Producers Posted RON5.6B Revenue In 2014
The 20 largest construction material manufacturers in Romania posted almost 5.6 billion lei (EUR1.25 billion) revenue together last year, an increase of 4% on 2013.
Carpatcement: Residential And Non-Residential Sectors Driving Cement Market
The local cement market should see a slight increase this year, says Florian Aldea, chief executive officer of Carpatcement Holding, after having grown by 5% to 6% in 2014, according to ceme...
Builder Bog’Art Sees Revenue Up 45% In 2014
Builder Bog’Art SRL of businessman Raul Doicescu ended 2014 with more than 585 million lei (EUR131 million) revenue, up 45% on 2013 and its highest in six years, according to Finance Ministr...
Strabag’s 1Q Performance Signals Construction Sector Resurgence
Austria’s Strabag group, which built the Deva-Orastie Highway and the tallest office building in Bucharest, Sky Tower, ended the first quarter with almost EUR41 million revenue in Romania, a...
Housing Construction Up 11.6% In First Quarter
Romanian housing construction was up 11.6% on the year to 9,232 units in the first quarter, mostly fueled by rising investment in urban areas, the country’s statistics institute INS said Fri...
Arabesque Sees End Of Sales Decline
Construction material distributor Arabesque held by low-profile Galati entrepreneur Cezar Rapotan, saw flat sales of 1.5 billion lei (EUR337 million) in 2014, thus ending the decline of 2012...
ZF Construction & Infrastructure ’15: One Euro Spent In Construction Generates Three In Economy
The construction sector valued at about EUR9 billion showed the first signs of a rebound early this year, but companies in the industry say it is too early to talk about a sustainable recove...
Danya Cebus: After IT, Construction Can Be Romanian Economy's ‘Crown Jewel’
Israel-held construction company Danya Cebus, which built the AFI Palace Cotroceni mall in Bucharest and is now working on the US military base in Deveselu, southern Romania, says the local...