CONSTRUCTION
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Ileana Nicolae, The Woman Who Has Led Construction Company Sika Through Recession
Although the construction industry tends to be dominated by men, there are also exceptions to the rule. Sika’s Ileana Nicolae and Aliz Kosza, who runs varnish and paint producer Fabryo, are...
Nuclearelectrica Widens Selection Pool For Reactor Investments
Romanian nuclear power plant operator Nuclearelectrica on Wednesday said it is willing to accept “any large company” that meets certain requirements, for the construction of reactors 3 and 4...
Architecture Market Still Underperforms
The architecture and design market had its glory days between 2006 and 2008, simultaneously with the construction segment, and will not return to similar values in less than five years’ time...
Government To Eliminate Subsidy For Residential Construction Through Mortgage Loans
Romania's Government will no longer provide subsidies for home construction through mortgage loans, arguing that the price of materials has dropped during the crisis and that budget revenue...
Construction Materials Maker Arcon Boosts Exports By 120%
Construction materials maker Arcon based in Sfantu Gheorghe (central Romania), held by businessman Ioan Titeiu, posted EUR16.3 million sales in the first eight months, an increase of about 1...
Hypermarket Construction Sites Reemerge In Bucharest
Hypermarket networks are resuming expansion in Bucharest as well, with Carrefour, Cora and Kaufland having units under construction in Chitila, Rahova and Vitan districts. There were no new...
Megaprofil Boosts Exports 30% And Hopes For Almost EUR30M Sales
Construction materials producer Megaprofil, controlled by Belgian group Joris Ide, boosted its exports by around 30% in the first nine months of the year, while its overall sales managed to...
Real Estate Market Shows Revival Signs After Two Years
A large construction site stands in Floreasca, where the tallest building in Bucharest is being constructed; another site, next to the Polytechnic University, will host an office building. S...
Iasi Authorities Award EUR12.8M Contract For Overpass Construction
The local authorities of Iasi, northeastern Romania, have awarded Conest a 54.8 million lei (EUR12.8 million) contract for the construction of an overpass in the city and the modernization o...