INFRASTRUCTURE
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Rondocarton: Poor Transport Infrastructure Hinders Romania’s Development
What hinders Romania’s development is the poor transport infrastructure, says Teofil Campean, the executive who runs the Rondocarton corrugated cardboard plants in Targoviste and Cluj held b...
Government Promises RON6.1B For Highways In 2015, Like In 2014, When It Spent Just RON4.6B
The transport sector got 6.3 billion lei (EUR1.4 billion) this year, but just RON4.65 billion (EUR1 billion) were spent. For 2015, the RON6.1 billion (EUR1.4 billion) budget is 30% higher on...
Romania Fails To Pave The Last Dirt National Road With Asphalt
Romania’s road authority CNADNR paid 16 billion lei for national road projects during the 2008-2014 period and during the same interval repaired 2,900 kilometers of such roads, that is less...
Galati To Upgrade Urban Transport With RON100M EBRD Loan
The European Bank for Reconstruction and Development (EBRD) has granted the Romanian city of Galați a RON100 million loan (EUR22.6 million) and EUR900,000 grant-based assistance for urban tr...
Rehau Polymer Expects 5% Revenue Growth In 2015 Amid Slightly Rising Construction Field
The Romanian market has two main growth opportunities, coming from European funds and exports, maintains Bela Varga, general manager of Rehau Polymer, the local subsidiary of Germany’s group...
Lack Of High Standard Infrastructure Hinders Romania’s Sustainable Development
The lack of up-to-standard transport infrastructure hinders Romania's speedier and sustainable development and affects the flexibility of the workforce, consequently impacting people's incom...
Bucharest-Ploiesti Highway, Unconnected To Capital City For Another 2 Years
The first 6.5 km of the Bucharest-Ploiesti highway, which should link Romania’s capital city to the beltway, no longer have a completion deadline, after Italy’s Pizzarotti, which also built...
Romania’s Infrastructure Spending To Grow By 5% Per Year By 2025 - Report
Romania’s infrastructure spending will grow on average by 5% per year between 2013 and 2025, faster than growth in Western Europe, but slower than the global average, with the infrastructure...
Infrastructure Works Decline 27% In January-April 2014
The volume of construction works registered an 8.7% decline in the first four months of this year against the same period of 2013, with engineering and infrastructure works posting the deepe...