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Articles - constructors

Romanian constructions firm Napoca starts trading on main BVB market

A new private company has been listed on the Bucharest Stock Exchange (BVB). Constructions company Napoca SA started trading on the main market after it was delisted from the former RASDAQ market.

Timisoara Shopping City, a new successful project delivered by OPTIM PM

Optim Project Management is pleased to congratulate NEPI on the official opening, 31 March 2016, of Timisoara Shopping City. This new and most modern shopping mall outside of Bucharest, with a GBA of 74.000 sqm, was delivered in record time and comprises a Retail Mall, 13 screen Cinema City Complex including 4DX technology and IMAX and a Food Court area.

CA Immo assigns main contractor for Orhideea Towers office project in western Bucharest

Investment fund CA Immo has appointed PORR Construct as main contractor for the Orhideea Towers, a 37,000 sqm office project near the Grozavesti metro station, according to a statement by the developer.

Romanian construction companies post highest insolvency risk in CEE, says Coface

The Romanian construction sector has the highest share of companies at risk for insolvency among CEE countries, with 50 percent of the firms presenting a high risk level in 2014, concluded a study by Coface of the construction sector in Romania. Twenty seven percent registered a medium risk, while 23 percent were in the low range.

Forte Partners is looking for general contractor to overview works at The Bridge office building in Bucharest

Real estate investor Forte Partners started the bid for the selection of the general contractor of the first phase of the office project The Bridge, situated in Orhideea area in Bucharest, the construction works being scheduled for starting in the first quarter of next year.

Octagon: The office market development will generate an increase of the residential request

The construction company Octagon, controlled by the businessmen Alexandros Ignatiadis and Paschalis Paganias, estimates for this year a turnover of nearly EUR 30 million, with 130 pct higher compared to 2014.

Romanian constructor takes EUR 52 mln syndicated loan

Local constructor Delta ACM 93, controlled by the Romanian investor Florea Diaconu, will take a EUR 52 million syndicated loan for two years.

Austrian constructor enters real estate development in Romania

Austrian construction group Strabag has decided to enter the Romanian real estate development market by taking over the local team of real estate developer Raiffeisen Evolution. The new employees will become part of Strabag’s Romanian branch and will constitute a separate department.

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