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CONSTRUCTION

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Five-Star Radisson Blu Hotel In Cluj-Napoca Reaches 70% Occupancy Rate In June, Starts Construction Of Second Wing
Companies

Five-Star Radisson Blu Hotel In Cluj-Napoca Reaches 70% Occupancy Rate In June, Starts Construction Of Second Wing

Five-star Radisson Blu Hotel in Cluj-Napoca developed by Winners Park Invest and opened in June 2022, operated at an average occupancy rate of 70% in June and entered high season, considerin...

Loredana Frățilă-Cristescu · 01.07.2024 · 23:19 · 1 min
Builder CML.RO Triples Profit In 2023
Companies

Builder CML.RO Triples Profit In 2023

Construction company CML.RO in Beclean, Bistrita-Nasaud County, owned by entrepreneurs Mihaela and Vasile Ros, posted RON185.7 million (EUR37.6 million) revenue in 2023, up by about 16% on t...

Loredana Frățilă-Cristescu · 14.05.2024 · 23:22 · 1 min
INS: Romania Construction Works Down 77% In January 2024 From December 2023
Macroeconomics

INS: Romania Construction Works Down 77% In January 2024 From December 2023

The volume of construction works in Romania shrank, in unadjusted data, by 77% in January 2024 compared with December 2023 and by 34.2% when adjusted to the number of working days and to sea...

Loredana Frățilă-Cristescu · 20.03.2024 · 13:04 · 1 min
Silcotub Zalau Starts Construction Of 21MW PV Park In Calarasi
Energy

Silcotub Zalau Starts Construction Of 21MW PV Park In Calarasi

Industrial pipe manufacturer Silcotub Zalau, part of the international Tenaris group, held by the Italian Roca family, has started construction of a photovoltaic power project, with a namepl...

Loredana Frățilă-Cristescu · 19.02.2024 · 18:43 · 1 min
Electrica Plans To Build 500MW Combined Cycle Power Plant In Fantanele, Mures
Energy

Electrica Plans To Build 500MW Combined Cycle Power Plant In Fantanele, Mures

Electrica (EL.RO), an electricity supply, distribution and generation company, plans to build in partnership with Electrocentrale Grup a state-of-the-art combined cycle plant powered by natu...

Loredana Frățilă-Cristescu · 20.11.2023 · 19:25 · 1 min
Over 500,000 Square Meters Of Industrial And Logistics Space Under Construction In Romania
Real Estate

Over 500,000 Square Meters Of Industrial And Logistics Space Under Construction In Romania

Industrial and logistics projects accounting for about 555,000 square meters are currently under construction in Romania and due to be delivered by the end of 2024, 60% or 315,000 square met...

Loredana Frățilă-Cristescu · 16.11.2023 · 16:25 · 1 min
Foreign Direct Investment On Construction And Property Deals Segment Reached EUR18.5 Billion In 2022
Analysis

Foreign Direct Investment On Construction And Property Deals Segment Reached EUR18.5 Billion In 2022

The foreign direct investment (FDI) stock on the construction and property deal segment reached EUR18.59 billion at end-2022, seeing the third highest growth rate among all economic sectors...

Ecaterina Craciun · 12.10.2023 · 23:27 · 2 min
Arcada Company Posts 62% Growth In Revenue To RON533M In 2022
Companies

Arcada Company Posts 62% Growth In Revenue To RON533M In 2022

Arcada Company, the largest construction company in Galati County and one of the builders of the Cluj-Napoca subway, ended 2022 with record high revenue, RON533 million, an increase of 62% y...

Loredana Frățilă-Cristescu · 19.07.2023 · 20:21 · 1 min
Builder TerraGaz Posts RON181M Revenue In 2022
Companies

Builder TerraGaz Posts RON181M Revenue In 2022

Romanian-held construction company TerraGaz in Otopeni, Ilfov County, posted growth of 45% in revenue to RON181 million in 2022, but the figure is lower than the record high of RON263 millio...

Loredana Frățilă-Cristescu · 05.07.2023 · 22:26 · 1 min