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CONSTRUCTION

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INS: Housing Construction Rises 7.6% On Year In January-March
Real Estate

INS: Housing Construction Rises 7.6% On Year In January-March

Romanian housing construction rose 7.6% to 8,270 units in the first quarter from the year-earlier period, on higher activity in urban areas, the country’s statistics institute INS said Wedne...

Florentina Dragu · 04.06.2014 · 10:00 · 1 min
Highway Connecting Constanta To Nadlac To Be Completed By 2020
Companies

Highway Connecting Constanta To Nadlac To Be Completed By 2020

By 2020, more than 30 years after the fall of the communist regime, Romania should finally have a highway connecting Constanta in the southeast to Nadlac on the Hungarian border in the north...

Loredana Frățilă-Cristescu · 29.05.2014 · 00:00 · 3 min
Eroilor-Drumul Taberei Subway Section To Be Completed In 2H 2016
Companies

Eroilor-Drumul Taberei Subway Section To Be Completed In 2H 2016

The Eroilor-Drumul Taberei section of Bucharest's fifth subway mainline will be completed in the second half of 2016 and the entire mainline should be finished in 2020, Catalin Homor, invest...

Oana Gavrila · 28.05.2014 · 14:29 · 1 min
Cut In Renewable Energy Aid Prompts Solar Power Investors To Shift Towards Other Sectors
Energy

Cut In Renewable Energy Aid Prompts Solar Power Investors To Shift Towards Other Sectors

Photovoltaic solar power investors are shifting towards other sectors, following the Romanian government’s decision to cut renewable energy aid starting January 2014, and most of those left...

Ecaterina Craciun · 20.05.2014 · 17:00 · 1 min
Romanian Online Construction Material Retailer Posts EUR5M Turnover In 2013
Real Estate

Romanian Online Construction Material Retailer Posts EUR5M Turnover In 2013

Online construction material retailer Depozit-Online.ro had a turnover of more than EUR5 million in 2013, from EUR1.9 million in 2012, and is seeking financing from banks or partners in view...

Oana Gavrila · 04.04.2014 · 14:07 · 1 min
Construction Sector Generates A Mere 8% Of Romania’s GDP
Macroeconomics

Construction Sector Generates A Mere 8% Of Romania’s GDP

The construction sector, a EUR8 billion to EUR9 billion business a year, which should have helped Romania’s economy grow during the crisis, contributed a mere 7.9% to the gross domestic prod...

Loredana Frățilă-Cristescu · 21.03.2014 · 00:00 · 1 min
Benevo To Start Construction Of Bucharest Shopping Mall Victoria City In Summer Of 2014
Real Estate

Benevo To Start Construction Of Bucharest Shopping Mall Victoria City In Summer Of 2014

Real estate developer Benevo, controlled by Canadian businessman Michael Topolinski, said it will start the construction of shopping center Victoria City in Romania’s capital city Bucharest...

Ecaterina Craciun · 19.03.2014 · 14:37 · 1 min
Strabag Romania's Revenue Drop 13% In 2013, To EUR322M
Companies

Strabag Romania's Revenue Drop 13% In 2013, To EUR322M

Austrian-held Strabag group, which built several highway sections between Deva and Sibiu, as well as the tallest office building of Bucharest, Sky Tower, ended 2013 with revenue of EUR322 mi...

Catalina Apostoiu · 11.03.2014 · 00:00 · 1 min
INS: Romania Housing Construction Down 6% In 2013
Macroeconomics

INS: Romania Housing Construction Down 6% In 2013

Romanian housing construction fell 5.8% to 40,071 units in 2013, from 42,566 in the previous year, official data showed Wednesday.

Bogdan Neagu · 05.03.2014 · 10:16 · 1 min