Swedish construction firm Skanska to enter Romania.

By bne IntelliNews June 14, 2011
Swedish construction company Skanska will enter the Romanian market through the offices segment and will further expand into public-private partnership projects, Skanska executive vice-president Roman Wieczorek told CNBC in an interview. The entry decision was driven by the countrys need for infrastructure and by the earmarked EU funds for such projects, Wieczorek explained. No specific projects were mentioned, but Wieczorek said that the first investments will probably be in Bucharest in 2012. The company will start buying land plots and then proceed with the construction of the office buildings with own financing, the executive added.

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