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Articles - constructors

Apolodor declared to be insolvent

Apolodor Com Impex was declared insolvent. The construction company filed for insolvency on July 23. The Bucharest Court approved the request on Aug. 6.

Sign of growth for constructions: Strabag doubled its turnover in 1Q

Austrian group Strabag, which has made the highway Deva-Orăştie and the tallest office building in Bucharest, Sky Tower, ended its first quarter with business of nearly EUR 41 million, with 114 pct. growth compared to the first three months of 2014, according to data from the company’s quarterly report.

A new Cinema City completed by Optim Project Management

OPTIM PM attended the opening ceremony of Cinema City in Mega Mall Bucuresti. The new cinema covers approximately 4,500 GBA square meters, offering 2,366 seats comprised in 14 halls, out of which one is equipped with the newest 4DX technology, the first one in Romania.

Only 2 of 10 construction companies show a low insolvency risk, says Coface

Coface Romania conducted a new analysis, considering the domestic sector of construction of roads and motorways, where there has been a major drop in investment amid income collapse.

Strabag to construct first two office buildings of Oregon Park project in Pipera

Austrian group Strabag, which became in the last years the largest player on the local construction market, will build the first two office building of the project Oregon Park in northern Bucharest, an investment of Portland Trust, group controlled by British Robert Neale.

Austrian constructor to build the EUR 180 mln ParkLake mall in Bucharest

The ParkLake shopping center developers, Portuguese company Sonae Sierra and Irish group Caelum, have chosen the Austrian company Strabag to carry out structural work for the mall located in the Titan district of Bucharest, an investment worth EUR 180 million, reports local Mediafax.

Cemacom increases capital by RON 7.7m

Cemacom, which manufactures construction materials, has reportedly increased its social capital by RON 7.7m between Oct. 14 and Nov. 13.

Octagon begins works on second building of Hermes Business Park

Greek construction firm Octagon has started to construct building C of the Hermes Business Campus under a EUR 6.2 million contract. The project is developed in northern Bucharest by NGY Properties Investments, the Romanian subsidiary of Belgian group Atenor.

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