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Articles - constructori

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.

Bog'Art named general contractor for Veranda Mall

Bog'Art was named general contractor for Veranda Mall, which will go up near Bucharest’s Piata Obor district. Completion is set for fall 2016.

Straco Grup, another Romanian constructor entered insolvency

Bucharest constructor Straco Grup, controlled by the brothers Alexandru and Traian Horpos, entered insolvency, according to data from Bucharest Court. This is the second big insolvency in constructions in the last ten days, following the one of Apolodor Com Impex, controlled by Radu Ouatu.

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