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. |
Romania's government has earmarked RON 163mn (EUR 37mn) worth of subsidies for 2013 under a programme aimed at closing down the loss-making mines of local company CNH located in the southwestern ... more
Romanian state-controlled hydropower company Hidroelectrica sold on Thursday, March 21, in several separate contracts a total of 0.3TWh of baseload electricity deliverable between April 1 and the ... more
The Romanian government will publish the privatisation call for freight railway company CFR Marfa immediately after the consultants complete their work, probably on April 6-8, Romanian transport ... more