ROMSTRADE
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Romstrade's Turnover Grew 30% In 2011
Romanian construction firm Romstrade, owned by Nelu Iordache, posted 30% higher turnover in 2011, from EUR134.4 million in 2010, and anticipates it will increase to EUR200 million this year.
Top Two Road Builders Got EUR400 Million From CNADNR In 2011
Dorinel Umbrarescu, who owns construction company Spedition UMB, and Nelu Iordache, who controls Romstrade, collected about EUR400 million from the national company in charge of Romania’s na...
Giurgiu, Romania Authorities Award EUR10M Road Rehab Contract To Romstrade & Partners
County authorities in Giurgiu, Romania have awarded a contract worth 44.4 million lei (EUR10.2 million), for the rehabilitation of certain local roads, to a partnership led by construction c...
Asphalt Kings Took On Contracts Close To Home In 2011
Romania’s so-called asphalt kings won at least half of the EUR2.4 billion road infrastructure contracts awarded by the Transport Ministry and by the Development Ministry last year, according...
Romstrade Wins EUR14M Road Upgrade Contract In Giurgiu County
Local authorities in Giurgiu county, southern Romania, have awarded Romstrade a contract worth 63.6 million lei (EUR14.7 million), net of VAT, for the rehabilitation and upgrade of county ro...
Who Collected Most Money From The National Roads Company
Romania’s national roads authority CNADNR has spent nearly 4 billion lei (EUR0.93 billion) in the first seven months of the year out of a total budget of RON8.2 billion (EUR1.9 billion) it h...