STRABAG
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Austrian Group Strabag Taps Romanian Property Development Market
Austrian constructions group Strabag has entered the Romanian property development market, by taking over the team in Bucharest of Raiffeisen evolution.
Strabag’s 1Q Performance Signals Construction Sector Resurgence
Austria’s Strabag group, which built the Deva-Orastie Highway and the tallest office building in Bucharest, Sky Tower, ended the first quarter with almost EUR41 million revenue in Romania, a...
Austria’s Strabag Set To Erect First 2 Office Buildings Of Bucharest Oregon Park Project
Austria’s Strabag, which has become the biggest player on Romania’s construction market, will raise the first two buildings of office project Oregon Park of northern Bucharest, an investment...
Strabag To Build Bucharest-based ParkLake Shopping Center
Real estate companies Sonae Sierra and Caelum Development, the developers of ParkLake shopping center located in Bucharest’s Titan district, selected Austrian builder Strabag for structural...
Strabag Works In Romania Down In January-September, Orders Pick Up
The value of Austria's Strabag works in Romania dropped to EUR93.4 million in January-September, from EUR213.6 million in the same period last year, but its orders went up 62%, to nearly EUR...
Strabag Romania's Revenue Plunge 50% In 1H
Austrian group Strabag posted revenue of EUR70.7 million in Romania in the first half of 2014, down 49% on the year.
Strabag’s Plans For Bucharest’s JW Marriott 5-Star Hotel
Gregor Aufhauser, the general manager of Societatea Companiilor Hoteliere (SCH) Grand, which manages Bucharest’s five-star hotel JW Marriott, says he’s carrying out the project for the refur...
Bank of Cyprus Sells 35% Stake In Romanian Hotel Owner To Austria’s Strabag
Bank of Cyprus on Wednesday said it has signed an agreement to sell its assets related to Societatea Companiilor Hoteliere Grand SRL, a company incorporated in Romania and owner of the JW Ma...
Strabag: Romania Increasingly Appealing For Multinationals
Austria’s group Strabag, which built two highway sections between Deva and Sibiu, predicts the Romanian constructions market will advance by 5.8% this year as both private and public investm...