CONSTRUCTION
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Romania Housing Construction Down 6.2% In 3Q
Romanian housing construction fell 6.2% to 10,588 units in the third quarter from the year-earlier period, due to declining activity in urban areas, the country’s statistics institute INS sa...
Top Five Construction Companies Valued At EUR1.5B Thanks To High Profit Margins
The five leading companies on the Romanian construction market have been valued at nearly EUR1.5 billion this year, according to the seventh edition of the “100 most valuable companies in Ro...
Real4You To Start Construction Of Mega Mall Bucharest In 2013
Austrian real estate developer Real4You has obtained authorization to build shopping center Mega Mall in Bucharest and will start construction next year.
Government: Constructors Don’t Have Enough Employees Or Equipment To Continue Work
Construction work on highways and national roads is late because construction companies don’t have enough personnel and equipment for their projects, according to an analysis of the Prime Mi...
Roads Authority Spent EUR4B On Highways In Six Years, Enough For 800 Km
The roads authority has had over EUR4.1 billion available between 2007 and 2012 for building highways and a further EUR3.6 billion to rehabilitate national roads. During the same period, Rom...
Highway Builders Make Faster Progress In September Than In Summer Months
The highway construction advanced faster in September than in the summer months, by an average 7.7%, from 4.5-5% per month in the summer.
Bucharest Authorities Want To Expand Colentina Hospital For EUR50M
The Bucharest Hospitals and Medical Service Administration wants to contract design and construction services to extend the Colentina clinical hospital.
Gica Popescu: We Are Late With Construction Of Courtyard By Marriott Hotel Because Of Financing
Former football player Gica Popescu says work on four-star hotel Courtyard by Marriott, initially scheduled to start in the second quarter of this year, has been postponed until spring of ne...
Sorin Greu, Bog’Art: The Construction Sector Could Rebound, But Not Very Soon
Although he has for the last 8 years run the largest Romanian construction company of civil engineering and industrial buildings, with turnover of almost EUR80 million, no picture of Bog’Art...