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Constructions

Constructions sector down by 5.4 pct in 2017

Constructions February 14, 2018 12:12 0 comments

Constructions works sector down year-on-year by 5.4 percent in 2017, affected by the decrease in the infrastructure works and non-residential constructions, while the residential constructions increased significantly, according to the data of the National Institute…more »

Romania’s state road company makes new try in building the first motorway in the country’s poorest region

Constructions February 13, 2018 10:38 0 comments

The National Company of Road Infrastructure Administration (CNAIR) announced this Monday that were submitted 4 offers for the projection and execution of Bacau city’ belt, a project estimated at RON 773.65 million, without VAT. Bacau…more »

railway

North Railway Station – Otopeni Airport train link delayed until 2020

Constructions February 12, 2018 14:45 0 comments

The railway between the Bucharest North Railway Station and Otopeni Airport will not be ready before 2020. The idea had been revived in 2016 and should have been ready this year according to plans, but…more »

Bucharest City Hall 2018 budget: infrastructure projects

Constructions January 29, 2018 11:02 0 comments

The Bucharest City Hall has released a new budgetary project for 2018, with around EUR 231 million being allocated for major infrastructure projects. Of the projects already in progress, funds have been allocated as follows:…more »

Bucharest property market

Property investments in Romania gain 10 pct to almost EUR 1 bln in 2017

Commercial January 25, 2018 10:21 0 comments

The volume of property investments in Romania climbed by around 10 percent to almost EUR 1 billion compared to the 2016 level of EUR 890 million, according to estimates by JLL, the real estate consultancy.…more »

PM Tudose: Government plans to construct new highway sections worth EUR 10 bln

Constructions January 11, 2018 10:44 0 comments

PM Mihai Tudose said this Wednesday that the Government plans to construct new highway sections, projects worth EUR 10 billion. “We will take Romania higher than it has been for 27 years, with a highway…more »

TeraPlast integrates Politub activity as part of RON 21.8 mln deal

Constructions January 10, 2018 09:50 0 comments

Teraplast, the construction materials and installations group, has taken over the activity of Politub as of December 31, 2017. Politub, which is present in the gas and water piping market, was acquired from French company…more »

Pro Infrastructura Association: Transport Minister lying when he claims 156 km of highway will be open in 2018

Constructions January 03, 2018 11:17 0 comments

The Pro Infrastructura Association draws attention to the fact that the Transport Minister Felix Stroe’s estimation of opening “at least 156.7 km of highway” over the next year is “completely irresponsible, a bald-faced lie and…more »

metrou bucuresti

EU approves EUR 1.4 bln financing for subway line to Bucharest Henri Coanda Airport

Constructions December 29, 2017 11:13 0 comments

The European Commission has approved the Ministry of Transport's financing request for the new Bucharest M6 underground line to Henri Coanda Airport. The Ministry had sent a re-written request on December 24, only a few…more »

Romania’s government seeks EU backing for EUR 1.4 bln subway line to Henri Coanda airport

Constructions December 27, 2017 14:05 0 comments

The Ministry of Transport has submitted a financing request to the European Commission, the executive arm of the EU, for the sixth subway line in Bucharest set to link the Romanian capital with the international…more »