CONSTRUCTION
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Profits Of Ten Largest Romanian Builders Halved In 2012
The ten largest construction companies held by Romanian entrepreneurs posted EUR61.7 million net profit together in 2012, almost half of the 2011 figure, ZF has calculated based on Trade Reg...
Horpos Brothers - The New Asphalt Kings With EUR196M Turnover In 2012
Bucharest construction company Straco Grup, controlled by brothers Alexandru and Traian Horpos, posted turnover of around EUR196 million last year, up 123% in euros from 2011, according to Z...
Highway Construction Pace Three Times Slower Than Last Year
Romania’s ten most important highways under construction, totaling 250 kilometers, are 68% completed even if most of them should have been finalized in April. The highway construction pace r...
Top 3 Companies In DIY And Construction Material Distribution Boast Sales Of Over EUR1B
The three largest DIY and construction materials distribution players last year were three Romanian-held companies – Bacau-based Dedeman, Galati-based Arabesque and Sibiu-based Ambient, whos...
Romstal Imex Sales Steady At EUR120M In 2012
Romanian construction material distributor Romstal Imex registered turnover of about EUR120 million in 2012, stable on the year, while its net profit fell by about one third to EUR2.3 millio...
Gran Via Starts Work On Residential Building In Bucharest
Spain’s Gran Via, which paid over EUR100 million for former industrial sites in Bucharest during the boom days, started works on its first development in the capital a few weeks ago.
Ranking Of Largest Romanian Construction Companies
The top five Romanian-held construction companies reported an overall turnover of EUR600 million in 2012, which is equivalent to around 6% of the value of the Romanian construction market.
Builder Bog’Art Sees 5% Revenue Growth In 2012
Construction company Bog’Art, controlled by businessman Raul Doicescu, posted revenue of about 340 million lei (EUR78 million) last year, up almost 5% on year in lei.
Romania Issued More Housing Permits In April
Romanian housing permits rose 17.9% to 3,594 units in April, from 3,049 units a month earlier, the country’s statistics institute INS said Tuesday.