CONSTRUCTION
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Highways Only 60% Completed Despite April Deadline
Work on the ten most important highway construction sites is only 60% done on average, even though many of the highways should be open for traffic this April.
Adrem Invest Starts Construction Of Cogeneration Power Plant In Suceava
Industrial engineering company Adrem Invest said Sunday it will start the construction of a cogeneration thermal power plant using biomass in Suceava, northeastern Romania.
Belgian Businessman Teams Up With Casuneanu To Build Office Tower
According to information emerged on the real estate market early this year, a new project of a 17-floor office tower will be built close to Bucharest’s Unirii Square.
Romania Issued 4% Fewer Housing Permits In 2012
Romanian housing permits fell 4% on the year to 37,863 units in 2012, the country’s statistics institute said Monday.
Casuneanu’s Sons, Belgian Investor Build 100-M Tower Near Unirea Square
The sons of Romanian entrepreneur Costel Casuneanu, Costel (29) and Ionut Casuneanu (26), owners of major construction firm Pa & Co International, will build an office tower in central Bucha...
Adhesives Market Stays Flat In The First 9 Months, Hopes For Growth In 2013
The local adhesives market was relatively constant in the first nine months of 2012 compared with the same interval a year ago, as investments in large projects are yet to come and the const...
Portuguese Builder Mota-Engil Leaves Romanian Market
Construction group Mota-Engil, which started operations in Romania in 2007 and worked on such projects as Nusco Tower, Doamna Ghica Plaza and Pipera-Tunari overpass has decided to leave this...
Arcon Boss Says 2012 A Very Difficult Year
The construction supplies market has had quite a difficult 2012 and will not see a steady rebound until 2014, says Ioan Titeiu, who owns Arcon Sfantu Gheorghe, one of the largest Romanian-ow...
Romania Adjusted Construction Works Down 0.7% On Month In October
Romanian construction works fell 0.7% in October from a month earlier, due to declining activity in most sectors, the statistics institute INS said Friday.