12 oct 2012

Construction company Confort, part of Izometal Confort owned by businessman Georgica Cornu, has filed for insolvency prompted by arrearage. more

5 oct 2012

Michele Nusco, CEO and one of the shareholders of Italian group Nusco, said the company will start the construction of a new office building in capital Bucharest at the end of the year. more

4 oct 2012

Romania has in the past two decades attracted around 600 Polish investors which have injected around half a billion euros in the Eastern European country. more

3 oct 2012

Romania continues to be an attractive destination for German investors as labor costs are still low and Romania is relatively close to major European countries, German ambassador to Bucharest Andreas more

11 sep 2012

Ceramic tile maker KAI Group, controlled by private equity firm Advent International, posted more than EUR10 million sales on the Romanian market in the first half, up 20% year-on-year. more

11 sep 2012

The Romanian Transport Ministry has spent over EUR470 million on two mountain roads – national roads DN 67C Bengesti-Sebes and DN 2D Focsani Ojdula - with an average daily traffic of 15,000 more

7 sep 2012

Austrian group Strabag posted a turnover of almost EUR141 million in the first half of 2012, up 157% year-on-year, amid a stagnating construction market. more

4 sep 2012

Policolor, one of the largest players on the Romanian varnish and paint market, with sales of almost EUR30 million per year, increased its turnover by around 17% in the first seven months against the more

3 sep 2012

The average asking price for old three-room apartments in Bucharest reached EUR76,350, more than EUR1,700 less than at the end of last year, according to the real estate index calculated by ZF and more

30 aug 2012

The Bucharest beltway, which should have been the main commercial route of the economic operators doing business in Bucharest, got only EUR3 million after the 2012 budget revision. That happened soon more

29 aug 2012

Florea Diaconu, the businessman who owns Bucharest-based construction company Delta ACM 93, expects revenue to increase slightly this year, mainly because of a contract to build a highway in Iraq. more

28 aug 2012

Romania’s road authority CNADNR continues to make past due payments into the accounts of Bechtel, even though construction works on the only highway section Bechtel is building, Suplacu de more

27 aug 2012

The latest tenders for the construction of 107 kilometers of highway, which attracted bids from 95 consortia of Romanian and foreign companies, brings up the question of how low can the cost of these more

27 iul 2012

Construction materials manufacturer Cesal Oradea, held by Poland’s Atlas group, has bought the Deutek adhesive and dry mortar plant in Fundulea (southern Romania). more

18 iul 2012

The top ten Romanian construction companies posted about EUR1.3 billion revenue together last year, almost 14% of the construction market. Compared with 2010, the cumulated revenue of the top ten more

13 iul 2012

The three large cement producers on the Romanian market remained profitable last year, but profit margins were down. Whereas they would exceed 30% in previous years, in 2011 they shrank to no more more

13 iul 2012

Romania’s highway construction sites progressed very differently in May: while the Suplacu de Barcau – Bors section, built by U.S. Bechtel, advanced by just 0.5%, progress on the more

29 iun 2012

Marcel Barbut, who owns construction supplies manufacturer AdePlast Oradea, says that despite the slight rebound on the construction materials market, the year 2012 is harder than had initially more

15 iun 2012

Romanian companies that no longer find resources for growth on the local market and turn to exports will have to seek markets outside the European Union. This was the main conclusion of the conference more

5 iun 2012

Romanian construction company Romstrade, controlled by businessman Nelu Iordache, has budgeted 140% growth of its revenue to some 1.25 billion lei (approximately EUR290 million) for this year, the more

1 iun 2012

Hidroconstructia, one of the largest Romanian-held builders, ended last year with more than one billion lei (EUR236 million) in revenue, returning to this level after the 2010 decline. more

1 iun 2012

The ten leading highway construction sites in Romania advanced by an average 8% between February 1 and May 1, according to a ZF analysis based on information sent by highway authority CNADNR. more

30 mai 2012

The Policolor-Orgachim group, one of the largest competitors on the local paint and enamels market, has a new chief executive officer as of this year, Marius Vacaroiu. At the beginning of his term, more

15 mai 2012

Private power supplier Repower Romania, the local subsidiary of Swiss-held Repower group, plans to go into electricity generation and invest about EUR250 million on the local market in the next ten more

18 apr 2012

The National Roads and Highways Company (CNADNR) collected RON123.2 million (around EUR28 million) in tolls for the road bridges over the Danube. more