Constructions - Business Review


Romania posts steepest constructions drop in the EU this May, says Eurostat

Constructions July 20, 2017 10:21 0 comments

Production in construction dropped by 16.7 percent in Romania this May compared to the same month a year ago, according to data from Eurostat, the statistical office of the European Union. Overall Romania posted the…more »

"metro train"

Subway station Pipera closed July 15-17 for access system update

Constructions July 11, 2017 13:51 0 comments

Metro station Pipera will be closed between July 15-17 for modernisation works on the access system. The subway trains will circulate up to and from the Aurel Vlaicu station,  Metrorex announced on Tuesday. Metrorex says…more »

Authorities to tender EUR 820 mln Craiova-Pitesti express road project

Constructions July 07, 2017 09:43 0 comments

The National Company for the Administration of Road Infrastructure (CNAIR) has submitted the documents needed to start the acquisition process for construction works of the express road linking Craiova and Pitesti cities. The whole project…more »

construction companies construction permits

Authorizations for residential buildings constructions up by 17.1 pct in May

Constructions June 30, 2017 13:12 0 comments

The number of authorizations for residential buildings constructions went up by 17.1 percent in May compared with May 2016 up to 4,342, after a strong decline in April. The increase in authorizations was due to…more »

TeraSteel estimates a 23 pct turnover growth to RON 154.9 mln this year

Constructions June 28, 2017 15:11 0 comments

TeraSteel, part of one of constructions materials and installations manufacturer Teraplast, estimates an increase in turnover by 23 percent to RON 154.9 million this year and a profit of RON 11 million. In 2016, TeraSteel…more »

Blachotrapez to invest EUR 800,000 in new production hall in Baia Mare

Constructions June 27, 2017 15:28 0 comments

Blachotrapez, one of the most important Polish companies of metallic rooftops, opens this year a new production hall at Baia Mare, following an investment of EUR 800,000, near the existent factory. "We registered a constant…more »

CNAIR finished the documentation for the two ends of highway Pitesti- Sibiu valued at EUR 679 mln

Constructions June 27, 2017 12:03 0 comments

The National Company of Road Infrastructure Administration (CNAIR) finished the documentation for the two ends of highway Pitesti-Sibiu valued at EUR 679 million, VAT included, considered by specialists as easiest development solution. The highway Pitesti-…more »

Eugen Anicescu Managing Director Coface Romania

Construction firms in Romania hit by lack of infrastructure projects

Constructions June 23, 2017 16:14 0 comments

Constructions firms from Romania posted the highes debt level in 2016 since 2008, they have big issues on debt recovery and reduced their long term investments and the evolution of this sector in 2017 is…more »

Globalworth raises EUR 550 mln in record bond sale

Constructions June 13, 2017 17:50 0 comments

Globalworth Real Estate Investment Limited, the real estate investment firm controlled by Ioannis Papalekas (photo), has raised EUR 550 million from a record bond sale. The fund will launch the bonds on the Irish Stock…more »

construction works

Romanian constructions sector down by 1.5 pct in Q1, residential buildings up by 77.2 pct

Constructions May 12, 2017 15:13 0 comments

The volume of constructions works in Romania went down by 1.5 percent in the first quarter of the tear, while the residential buildings went up by 77.2 percent. On structure elements, there were decreases in…more »