projects
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Petrom projects 24% income drop in 2007
Romania's biggest company says the (technical) inspection of Arpechim and the shrinking refining margins are hurting its results. Petrom expects to derive net income worth 497 million euros...
Anchor buys 1 million square metres for its projects
Anchor Grup bought around one million square metres of land in Bucharest and nearby the Capital, where it intends to develop several real estate projects, which will consist of office space,...
IPTANA: visible competition for major projects
IPTANA, the former Auto, Naval and Air Transport Design Institute, the strongest domestic company on the market of road infrastructure consulting services, ended last year with turnover in e...
South Pacific Group launches projects worth over 100m euros
South Pacific Group, an Australian-owned real estate development firm, which owns 50-60 hectares of land in small towns close to the northern part of Bucharest, plans to develop real estate...
RED: 750m-euro total projects
Real estate development company RED Project Management (RED) has programmes worth approximately 450 million euros in progress with different partners, with the cumulated value of the company...
Fadesa to invest over 1bn euros in residential projects
Real estate development company Fadesa Immobiliaria intends to invest over one billion euros in Romania for the construction of five residential projects in Bucharest and Bacau, which will c...
FCC Construction wants in on real estate projects
FCC Construction, one of builders of Basarab road tunnel of Bucharest, will enter the real estate market this year, after having carried out only infrastructure works for two years, says Alc...
Caru' cu bere projects 2.5m-euro turnover
Caru' cu bere beer house, one of the oldest and best known pubs in the old centre of the Capital, witnessed a 600,000-euro turnover in the first three months since renovation, four times hig...
Eurohypo to finance 200m-euro worth of real estate projects in first year
Eurohypo, the first bank that arrived on the Romanian market to exclusively focus on the release of solid financing for the real estate sector, plans to grant loans worth 200m euros in the f...