CONSTRUCTION
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Comnord Sees Turnover Dive From EUR78M In 2007 To Less Than EUR1M In 1H 2011
Comnord Bucuresti (COCS.RO), a company controlled by businessman Sorin Creteanu, which used to be one of Romania’s largest builders and the most valuable company on RASDAQ market before the...
Bucharest City Hall Awards EUR33.8M Contract To Construct Underground Passage
The Bucharest City Hall awarded a 143.9 million lei (about EUR33.8 million) contract, VAT excluded, to consortium Romstrade - Metroul to design and construct an underground passageway at Cha...
Optimism Returns To Construction Market
Construction company Danya Cebus Rom, part of Israeli group Africa Israel Investments, posted around EUR12 million in turnover in the first six months of the year, slightly more than in the...
CNADNR Received 18 Offers For Brasov Ring Road Construction
Romania's public road authority CNADNR received 18 offers, from consortiums and companies, for the construction of the Brasov ring road, a project divided into two parts, worth an estimated...
Construction Market Suffers As Romanians Working Abroad No Longer Vacation Home
Romanians working abroad return home for their vacation increasingly seldom and, as opposed to previous years, they invest less in new homes and renovations, say the mayors of Romanian commu...
Romania’s 16 Highway Construction Sites To Bring EUR700m To Constructors This Year
The seven highway construction sites where works are currently under way, as well as the nine for which works are set to start in August, will bring constructors handling them around EUR676...
Consultants See No Highways Completed This Year
A best-case scenario says another 42 kilometers of highway are likely to be built in 2011, which would bring Romania’s “highway network” to almost 350 kilometers.
Georgica Cornu Expects Confort’s Business To Stay At Least At 2010 Level
Timisoara-based builder Confort, part of the Izometal Confort group controlled by businessman Georgica Cornu, last year posted turnover of around 670 million lei (EUR156 million), up around...
Straco’s Owners Join The ‘Asphalt Kings’ League
Brothers Alexandru and Traian Horpos, the majority shareholders in Straco Grup builder, which has mainly developed through contracts with Bucharest sector and city halls, have won contracts...