INFRASTRUCTURE
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Erste Willing To Finance Large Romanian Infrastructure Projects
In the seven years since taking over lender Banca Comerciala Romana (BCR), Austria’s Erste has gained a lot of experience, but the bank it now controls is far from the plan it dreamed up in...
Development Ministry Will Pay Off Rural Infrastructure Arrears Of RON144M
Romania’s Regional Development Ministry is the new administrator of the Rural Infrastructure Development Program and will pay off rural infrastructure debts of 144 million lei (EUR31.9 milli...
EU May Unfreeze Funds For Romanian Infrastructure After New Evaluation
EU funds for Romania's Transport Sector Operations Program (T-SOP), suspended pending checkups on their actual destination, might be unfrozen later in September, following a new evaluation,...
Romania Seeks Advice To Slash Costs Of Planned Targu Mures-Iasi Highway
Romania's national roads administration CNADNR wants to buy technical and financial consultancy services, looking for ways to reduce the cost of the planned Targu Mures- Iasi highway, which...
Cluj-Napoca Airport To Invest EUR2M In Intermodal Transport Infrastructure
The Cluj-Napoca International Airport will invest EUR2 million in expanding its passenger and freight transport infrastructure.
Romania Signs RON84M Contract For Infrastructure Rehabilitation In Craiova, With EU Funding
Romanian Development Minister Eduard Hellvig on Tuesday signed a financing contract for road rehabilitation in Craiova, for a project worth 83.9 million lei (EUR18 million), implemented thro...
Hidroconstructia Keeps Top Position In Romanian Builders’ Ranking
The top ten Romanian construction companies posted about EUR1.3 billion revenue together last year, almost 14% of the construction market. Compared with 2010, the cumulated revenue of the to...
Only 20 Km Of Bucharest’s Beltway Rehabilitated In Five Years
The Transport Ministry has spent EUR12 billon from 2008 through 2012 without making the beltway of Romania’s largest city a priority.
Civil Engineering To Be Romanian Construction Sector’s Main Growth Driver - Survey
Civil engineering will be the main growth driver of Romania’s construction industry in the next years, mainly due to infrastructure projects financed with European funds, according to a surv...