CONSTRUCTION
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Basescu Sends Construction Permit Bill Back To Parliament
Romanian President Traian Basescu said Wednesday he is sending back to Parliament a bill whereby construction permits are issued by default if local authorities fail to respond to permit app...
Romania Should Build 100,000 New Homes/Year To Reach EU Average
Romania builds annually about two new homes per one thousand inhabitants, less than half the European average, and should finish 100,000 housing units each year to catch up, according to PRO...
Umbrarescu Controls Two Of Most Valuable Construction Companies On The Market
Five of the most valuable 20 companies owned by Romanian entrepreneurs operate in the constructions industry, and their cumulated value exceeds EUR520 million.
Housing Construction Down 16.2% In Third Quarter - INS
Romanian housing construction fell 16.2% to 11,278 units in the third quarter from the year-earlier period, due to declining activity in both urban and rural areas, the country’s statistics...
Boagiu: Bucharest-Ploiesti Highway Will Not Be Done On Time, Constructors Will Be Fined
The Bucharest-Ploiesti highway will not be completed on time, by December of this year, but rather in 2012, and the constructors responsible will be penalized by 0.05% of the contract value...
ZF Seminar: There Is Too Much Of A Need For Construction, Real Estate Market Will Definitely Rebound
Romania is too poor a country, too much in need of infrastructure, new homes, administrative buildings and even office and retail spaces not to see the real estate market return to growth ov...
Romania To Reorganize State Inspectorate For Construction, Set Up Regional Departments
Romanian authorities will reorganize the State Inspectorate for Construction (ISC) by closing county inspectorates and setting up eight regional departments for construction, according to an...
Caelum Development Starts Construction On ParkLake Plaza Mall In Bucharest
Irish group Caelum Development has started construction of the ParkLake Plaza mall in Bucharest, with an investment of EUR250 million.
Constructors May Start Works On Four Highway Sections In W Romania
Works to construct four highway sections in western Romania have started Thursday and the value of the contracts awarded stands at EUR450.4 million, VAT included, said national roads authori...