The Greek builder AKTOR is keeping up the pace of work for the A0 L3 highway section in the south of Bucharest, being close to the threshold of 70% physical execution stage of the project. The A0 South Lot 3 section has a length of 18 km, of which 15.465 km are part of the South Belt, and 2.5 km of the North Belt, separated by the A1 highway towards Pitesti. Of the total length of 18 km, AKTOR has already laid the first layer of AB2 asphalt on 10.5 km. In addition to the crossing over the A1, in the Ciorogârla area, AKTOR is building on the A0 Sud Lot 3 segment another 4 bridges, 6 passages (overpasses), 46 footbridges, two temporary parking lots, and two service spaces. At the beginning of June, the 11 structures (bridges and overpasses) were 70% complete. The project also includes earthworks, construction of embankments, fencing, barriers, parapets, horizontal and vertical markings and signalling elements, lighting system, highway communication systems, public recreation areas, landscaping and landscaping works the land. AKTOR Construction is a member of the Intrakat Group, an industry leader in the Greek sectors of construction, infrastructure, concessions/public-private partnerships (PPP), renewable energy sources (RES), energy storage, real estate development, environmental projects and digital technologies, with a significant presence in Southeast Europe, listed on the Athens Stock Exchange since 2001.
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
