12.18.2020

The year 2020 should have been better than 2019 for Cristian Erbasu’s businesses but the pandemic forced companies in the construction, agriculture and hotel sector to rethink their plans. more

12.11.2020

Romanian shipyard Santierul Naval Orsova (SNO.RO) said Friday in a stock market announcement that it had concluded two external contracts worth a total EUR3.3 million for the construction of inland more

12.10.2020

Real estate developer HAGAG Development Europe, part of Hagag Group of Israel, on Thursday said it started construction works on its H Eliade 9 Residence luxury residential project located in the more

11.19.2020

Only one major deal has been closed in the construction sector so far in 2020, the takeover of the Steel division of TerraPlast group compared with four such moves in 2019. The construction sector, more

11.17.2020

More than 7,300 work permits have been issued in January 1 – September 30, 2020 for foreign citizens seeking work in construction sector in Romania, the data supplied by the country’s General more

10.28.2020

The companies in the construction sector in Romania posted more than 107 billion lei revenue in 2019, ZF has calculated from the country’s National Statistics Institute. The revenue grew by 27% more

10.22.2020

Impact Developer & Contractor (IMP.RO), a real estate developer held by businessman Gheorghe Iaciu, has started the construction of the first three blocks of the Boreal Plus residential compound. more

10.22.2020

Construction company Asfalt Dobrogea based in Constanta has invested 21 million lei in 2020, with a third of the money going towards boosting asphalt production capacity. The company posted RON113 more

10.22.2020

Construction materials manufacturer Celco (Constanta) has invested 5 milion lei in production of autoclaved cellular concrete (ACC) to improve the efficiency of use of this material. more

10.21.2020

The number of construction permits issued for apartment buildings every year has tripled in the past decade, while the number of construction permits for houses fell by 4%, the data centralized by ZF more

10.16.2020

Romanian construction works increased by 17.3%, as gross series, and by 19.2%, as adjusted series according to the number of working days and to seasonality, in January-August 2020, compared with the more

10.09.2020

Holcim Romania, the largest construction material manufacturer in the country by revenue, continued to operate in sync with the construction market in the last few months, despite the pandemic. more

09.28.2020

Managers in Romania expect a relative stability of the economic activity and in the number of employees in industry, construction and services, alongside a moderate increase in prices in construction more

09.16.2020

Construction material manufacturer Joris Ide has revived plans to build a construction material plant in Buftea, near Bucharest, after having postponed the project in May due to the pandemic. more

09.15.2020

Paint, coatings and other construction materials manufacturer Daw Benta will begin construction of a new plant in Mures County this year and thus enter a new niche. more

09.14.2020

CTP, the largest developer and administrator of premium industrial and logistics parks in Romania and Central and Eastern Europe (CEE), will complete in 2020 the construction works on IKEA’s new more

08.27.2020

BRD Groupe Société Générale has granted financing worth RON52.5 million to the company Constructii Erbasu, in its position of leader of the Constructii Erbasu-Concelex-Terra Gaz Construct more

08.26.2020

The top 25 builders in Romania by 2019 revenue posted 9.1 billion lei revenue last year, ZF has found from the data the companies supplied and from the latest figures on the Finance Ministry website. more

08.21.2020

European real estate developer VGP has bought a 39-hectare plot of land in Arad (western Romania) on which it is plans to build 60,000 square meters of industrial space; this is the biggest more

08.20.2020

The ten largest do-it-yourself retail and construction material distribution businesses in Romania posted 14.6 billion lei sales in 2019, an increase of 15% on the previous year, ZF has found. more

08.19.2020

Dutch-held Den Braven, which has a construction adhesives plant in Buftea near Bucharest, returned to more than 200 million lei revenue in 2019, following 4% growth compared with the previous year. more

08.17.2020

The total volume of constructions in Romania grew 19% on the year in the first half of 2020, an evolution backed by engineering construction (infrastructure), which grew 30%. Nevertheless, the more

07.15.2020

Romania’s construction market (building construction, civil engineering and special construction works) saw a 17% increase in turnover compared to 2017 and exceeded by nearly 30% the level recorded more

05.21.2020

Sika Romania, the local subsidiary of Switzerland’s Sika group, ended 2019 with RON183 million revenue, Finance Ministry data show, an increase of 18% on 2018. more

05.14.2020

Romania is among the countries with the lowest or non-existent pandemic impact for German-held construction group HeidelbergCement, its latest report (first quarter 2020) says. more