constructions
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Hidroconstrucția expects over 230m euros in turnover in 2011
Hidroconstrucția, the second biggest player on the Romanian constructions market in 2009, is mulling expansion to the Middle East, while other Romanian builders, such as Romstrade or Delta ACM have entered the Iraqi market in recent months.
Large NBFI's portfolios divided among services, industry and constructions
The bulk of funding granted by large non-bank financial institutions (NBFI) is concentrated in the field of services, with 52% of the total exposure, with industry and constructions also acc...
Construction supplies start year with price hikes
Romania has just made it out of the crisis and the prices have already gone up on the market of construction supplies, considering the raw material costs rose and manufacturers want to prese...
Construction graduates, from 700 euro salaries to voluntary work for several months
One in four construction employees has lost their job since the onset of the crisis, namely over 100,000 people, while universities annually yield 1,800 construction university graduates, re...
Constructions and trade continue to drag the economy down in Q2
The continued rise of industry in the second quarter of the year, and the return to growth of agriculture and of financial activities compensated for the steep decline of constructions and o...
Developers are awaiting better times
The number of real estate projects under construction is falling further as some companies are finalising works, while others are halting them.
Saint-Gobain set to invest further in Calarasi plant
The biggest greenfield investment in the constructions field after the '90s, Calarasi-based glass plant built by French group Saint-Gobain, with annual turnover worth 37.7bn euros, is set to...
Heberger business down 30% due to lack of contracts
Heberger Constructii, Romanian subsidiary of German constructions company Heberger, estimates an around 30% turnover decline for this year, to 35-40 million euros, due to a reduction in the...
Oresa recruits executive team for Sonriso constructions company
Swedish investment fund Oresa Ventures, which last year took over three subsidiaries of construction materials producer Somaco, via Sonriso Investments, has recruited Sorin Miron, former CFO...