Austrian Strabag and Alpina will build motorway network in RS

Austria’s two largest construction companies – Strabag and Alpine Mayreder - will build the motorway network in RS together. The motorways in total length of 432 kilometres will be worth around EUR 3 billion. The ... More

Construction industry expands in Slovenia

The contribution of the construction industry to the Slovenian GDP has been constantly on the rise; its share in GDP was less than 5 percent from 2002 to 2004, only to reach 5.4 percent in 2006. The whole industry boomed over the ... More

German-Austrian concession holders were prepared to start construction works

According to the Vienna-based Standard, the German-Austrian consortium Alpine-PORR was prepared to start the construction works at the Horgos-Pozega highway in Serbia. The paper names the political situation in Serbia as the main ... More

MEI funds have at least €20 mln for private equity

Dutch investment company Middle Europe Investments (MEI) has €20 million available for investments in Romania, Bulgaria, Russia, Croatia, the Czech Republic and Slovakia. The initial budget of the three funds administered ... More

"Alpine" starts to build Horgoš - Požega highway on April

Construction of Horgoš - Požega highway was under question mark in the last couple of days because of the statement given by Deutsche bank that it intends to revoke its guarantee given to concessionaire "Alpine Myreder" ... More

"Immo Industry Group" (IIG) doubled growth of operations in 2007 - large projects announced in 2008

"Immo Industry Group" (IIG), leading European company in field of industrial property adapted to the needs of the clients, which is also present in our country, has announced that it doubled the growth of its business in 2007. ... More

"Durst Development" to build garage with 536 parking places in New Belgrade

Company "Durst Development" will be building a garage with 536 parking places in New Belgrade's Block 37, at the corner of the Third Boulevar and Tošin Bunar Street. After public auction, organized by the Directorate for ... More

Nine mayors agreed on development of Pelagonija

9 mayors from the region of Pelagonija signed a cooperation memorandum through development agency Preda. The memorandum was verified by mayors of Prilep, Dolneni, Krivogastani, Mogila, Demir Hisar, Reseni, Krusevo, Novaki and ... More

Saint-Gobain invests in Kostinbrod construction materials factory

Franco-German concern Saint-Gobain Weber, active in the design, production and distribution of functional materials, will invest 5 mln euro in a factory for construction mixes and mortar paste near Kostinbrod, Western Bulgaria. ... More

Austrian Strabag buys 51% stake in Trema Engineering

Strabag SE purchased a 51% interest in Trema Engineering 2 Sh.P.K., an Albanian construction company. Trema Engineering 2 Sh.P.K had annual revenues of around EUR 19 mln in 2006 and employs 230 people. Strabag purchased ... More

Cypriot company "Mergol limited" announced offer for takeover of remaining 50% of stocks of "Trudbenik" from Vršac

Cypriot company "Mergol limited" has announced its offer for takeover of remaining 50% of stocs of "Trudbenik" from Vršac. "Mergol" offered total of 567.4m RSD for 50% of stocks of the Industry of building materials ... More

Gorenje takes over Publicus

Last week the joint stock company Gorenje and the limited company Publicus signed a letter of intent for the takeover of the 51 percent share of the Publicus, which has years of experience in processing communal waste. In the ... More

IGM Elenica wants to buy Veles-based Kiro Cucuk

Strumica-based construction material producer IGM Elenica wants to buy the ceramics factory Kiro Cucuk from Veles. IGM Elenica became interested in the Veles-based company only recently, but its intents have been confirmed by IGM ... More

Romania 1st on construction works place within EU

Construction works have placed Romania 1st within the EU for the third consecutive month, with an annual growth rhythm of 32.6 per cent in November 2007 after registering a growth rhythm of 38.1 per cent in October and 40 per ... More

Kragujevac Continues to Invest in Infrastructure

The largest investments in Kragujevac this year will be the construction of the first indoor swimming pool and new market. Almost 192 million dinars will be invested in the reconstruction of streets, water supply and sewerage ... More

Major state-owned construction co's to go private

Several very attractive construction companies are among the 30 or so enterprises that the Bulgarian government has decided to drop from the privatisation blacklist. These include Montazhi, Promishleno Storitelstvo Holding, ... More

EBRD conditions loan to ZG Holding with the privatization worth HRK 350 million

The negotiations over the loan worth EUR 60 million that the European Bank for Reconstruction and Development (EBRD) was supposed to grant to the Zagreb Holding for the reconstruction of the water supply and sewage network are ... More

Dubai firm to construct cement factory in western Turkey

The Dubai-based Al Ghurair Investment, also known as the Abdullah Al Ghurair Group, announced that it has completed the preparatory stages for the construction of a cement factory in Kutahya's Tavşanlı district, located ... More

Gov't awards Melrose Resources Galata block

Bulgaria's government awarded UK-based oil and gas independent prospectors Melrose Resources the Galata exploration block, Sofia News Agency reports. The company, which is focusing its activities on Bulgaria's shallow water ... More

Slovenian "Riko" interested in energetics in Macedonia

Owner of Slovenian company “Riko” Janez Strabec assessed as good the business-climate in Macedonia. - The Government has made exceptionally good business climate. However, the political situation in the region does ... More