CONSTRUCTORS
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Construction Sector Faces Funds Cut, Delayed Cash-ins
The major problems faced by Romanian construction sector are the funds cut for the already started projects, the high level of state arrears and the slow pace of paying the debts to entrepreneurs, investors in the field told an industry conference organized Fr...
Road Authority Gets 23 Bids For Construction Of Two Highway Sections
Romania's public roads authority CNADNR has received 23 bids from companies and consortia in Romania and from abroad for the construction of two sections of the Timisoara-Lugoj highway and t...
Metrorex Receives Five Bids For Subway Line Extension
Bucharest subway operator Metrorex received five bids for the construction of the Parc Bazilescu-Straulesti subway line from three consortia and two companies.
State Arrears To Constructors Halved, But Still A Major Problem
State arrears to companies in the Romanian construction sector decreased over the past years, but continue to be a major problem, considering that the financial crisis had a strong impact on...