05.30.2014

Energy producers will not be able to cope with the tax on special constructions, which is "unsustainable and burdensome", said Remus Borza, head of Euro Insol, legal administrator of Romania’s more

05.29.2014

The tax on special constructions might bring over EUR500,000 million to the state budget in 2014, up to 5-fold higher compared with authorities’ estimations, money taken out of the economy, lawyer more

05.29.2014

By 2020, more than 30 years after the fall of the communist regime, Romania should finally have a highway connecting Constanta in the southeast to Nadlac on the Hungarian border in the northwest, said more

05.28.2014

The Eroilor-Drumul Taberei section of Bucharest's fifth subway mainline will be completed in the second half of 2016 and the entire mainline should be finished in 2020, Catalin Homor, investment more

05.23.2014

Foreign investors are calling on the Romanian government to scrap the tax on special constructions in its current form because it is expected to generate huge losses for companies by doubling or even more

05.20.2014

Photovoltaic solar power investors are shifting towards other sectors, following the Romanian government’s decision to cut renewable energy aid starting January 2014, and most of those left in the more

05.19.2014

Romanian adjusted construction output rose 10.3% on the month in March, the largest increase in the European Union, official data showed Monday. more

05.15.2014

Romanian construction material distributor Arabesque held by businessman Cezar Rapotan posted revenue of EUR340 million on its home market last year, 3% lower from 2012, while its net profit shrank more

05.14.2014

On Romania’s market of new construction machines, valued at EUR50 million, backhoe loaders bring half of sales. more

05.13.2014

Romanian construction works advanced strongly in March from a month earlier, but were down in the first quarter compared with the same period of 2013, the statistics institute INS said Wednesday. more

04.23.2014

The building material market stayed around EUR3.2 billion last year, approximately the same as in 2012. The industry employs 36,000 people and accounts for about one third of the overall construction more

04.23.2014

Bacau-based builder PA&CO International, controlled by businessman Costel Casuneanu and his wife Paulina, in 2013 posted revenue of around 121 million lei (EUR27.4 million), down 47% on the year. more

04.09.2014

The Ponta government promises a network of 2,440 km of highways by 2020, meaning 1,800 km overall or over 250 km per year would be added to the current network, considering that the roads authority more

04.09.2014

Romanian construction works advanced 0.8% in February from a month earlier, fueled by higher demand for new constructions, the statistics institute INS said Wednesday. more

04.04.2014

Online construction material retailer Depozit-Online.ro had a turnover of more than EUR5 million in 2013, from EUR1.9 million in 2012, and is seeking financing from banks or partners in view of more

04.03.2014

Hidroconstructia, one of Romania’s biggest builders, in 2013 sealed contracts worth around 250 million US dollars abroad, in Belgium, Germany, Iraq, the Republic of Moldova and Serbia. more

03.21.2014

The construction sector, a EUR8 billion to EUR9 billion business a year, which should have helped Romania’s economy grow during the crisis, contributed a mere 7.9% to the gross domestic product last more

03.19.2014

Real estate developer Benevo, controlled by Canadian businessman Michael Topolinski, said it will start the construction of shopping center Victoria City in Romania’s capital city Bucharest in the more

03.12.2014

Romanian construction works fell 4.3% in January from a month earlier, due to declining activity in all sectors, the statistics institute INS said Wednesday. more

03.11.2014

Austrian-held Strabag group, which built several highway sections between Deva and Sibiu, as well as the tallest office building of Bucharest, Sky Tower, ended 2013 with revenue of EUR322 million in more

03.05.2014

Romanian housing construction fell 5.8% to 40,071 units in 2013, from 42,566 in the previous year, official data showed Wednesday. more

02.13.2014

Romanian construction works slid 1.6% on the year in 2013, hit by a two-digit decline in new constructions, the statistics institute INS said Thursday. more

01.14.2014

The construction materials market, which accounts for about one third of the construction sector, stood at some EUR3.2 billion last year, about the same as in 2012. more

01.13.2014

Romanian construction works fell 4.8% in November 2013 from a month earlier, due to declining activity in new buildings, the statistics institute INS said Monday. more

01.07.2014

The Romanian company in charge of roads and highways (CNADNR) plans to start in 2014 the building works for almost 400 km of new highways, with costs estimated at some EUR5.8 billion, according to a more