02.18.2015

Romania's government plans to scrap tax on special constructions as of 2016, in order to encourage investments in the private sector and to boost Romanian companies’ competitiveness, according to more

02.05.2015

Romania’s cement market, a key indicator of the trend of the construction field, in 2014 rose by 5-6%, reverting to the level of 2012, when total output amounted to 7.6 million tons, according with more

01.29.2015

The local building materials field, accounting for around one third of the overall construction market, is set to rise by 3-4% this year, after stalling at around EUR3.2 billion in 2014. more

01.19.2015

Romania's construction industry, which has contracted by around 45% since the beginning of the crisis, lost around 109,000 employees between 2008-2014, namely almost one quarter of the entire more

01.13.2015

The local construction market, one of the hardest hit during the crisis, further declined last year, by 10-15%, to 8.2-8.6 billion euros, according to data provided by the Romanian Association of more

12.19.2014

The Romanian construction field, one of the hardest hit during the crisis, contracting by over 40% between 2009 and 2014, will resume growth starting next year, when it will see a 5.4% increase, more

12.11.2014

Constructions market will focus next year on apartment renovations, as this sector is not sharply impacted by the political and economical conditions like new construction works, Iulian Mangalagiu, more

11.19.2014

The total revenue of six of the biggest players on the Romanian DIY market--Dedeman, Ambient, Bricostore, Praktiker, Hornbach and Leroy Merlin--rose by 11.8% in the first half of this year, to 2.38 more

10.15.2014

The Romanian market has two main growth opportunities, coming from European funds and exports, maintains Bela Varga, general manager of Rehau Polymer, the local subsidiary of Germany’s group Rehau. more

10.08.2014

Fabryo-Atlas Paints group, created in 2013 through the merger between paint and coatings producer Fabryo, controlled by investment group Oresa Ventures, and the building material unit of Atlas more

09.30.2014

All special constructions should be subject to tax cut from 1.5% to 1%, with no exception for the oil wells in the Black Sea, energy minister Razvan Nicolescu told "Mediafax Talks about Energy-XII" more

09.22.2014

Sibiu-based construction company CON-A, owned by businessman Mircea Bulboaca, one of the 100 largest Romanian-held companies, had revenues of RON75 million (around EUR17 million) in the first half of more

09.16.2014

Production of construction materials in Romania in the first six months of this year saw a 9.3% growth compard to the same period last year, according to data provided by national statistics institute more

07.21.2014

In just 15 months, Romania’s do-it-yourself (DIY) market has undergone radical change, as four groups--Bricostore, Praktiker, BauMax and OBI--decided to leave, another two players, Britain’s more

06.13.2014

The volume of construction works registered an 8.7% decline in the first four months of this year against the same period of 2013, with engineering and infrastructure works posting the deepest fall, more

05.06.2014

Large Romanian-held building companies made more than 2,600 employees redundant last year, namely one quarter of total headcount, as both public and private investments in the field of constructions more

05.01.2014

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 investments are more

04.16.2014

Spedition UMB, one of Romania’s largest builders, controlled by businessman Dorinel Umbrarescu, reported revenue of 469.6 million lei (EUR106.2 million) in 2013, down nearly 24% on the year. more

03.25.2014

The cash shortage and limitations of the public investments are the main challenges the Romanian constructions industry is facing, according to Ileana Nicolae, the executive who has run the domestic more

03.14.2014

Hidroconstructia, one of Romania’s biggest builders, is seeking contracts abroad and has submitted bids for the construction of a hydro-power station and an irrigation project in Kurdistan region of more

11.08.2013

Romania expects to cash EUR10-EUR12 million a year from taxing special constructions of telecom operators and EUR60-EUR65 million a year from taxing special constructions of companies in the utilities more

11.08.2013

Romanian construction works fell 6.9% in September from a month earlier, due to declining activity in all sectors, the statistics institute INS said Friday. more

11.06.2013

Austrian investors bought Romania’s largest oil company OMV Petrom ten years ago and its largest bank BCR eight years ago, but it was only in 2012 that they climbed to the top spot on the local more

11.05.2013

Bucharest construction company Delta ACM 93, owned by Romanian businessman Florea Diaconu, expects a 5% increase in turnover in 2013, from last year's EUR113 million. more

10.08.2013

Romanian construction works fell 1% in August from a month earlier, due to declining activity in all sectors, the statistics institute INS said Tuesday. more