Optim Project Management has become the leading real estate project management company in the country as it celebrates 12 on the Romanian market. Founded in 2009 by David Evans (photo) international project and construction director with comprehensive project and construction management experience gained through working with developers and contractors in Central-Eastern Europe, the Middle East and South America, Optim Project Management has reached a number of 100 employees in 3 countries and 225 successfully delivered projects.In the 12 years on the market, the company has had continuous growth year after year and, after the slight decrease in 2020 due to the sanitary crisis and the general economic hold due to the Covid-19 pandemic, expects a 25% increase in turnover in 2021. In 2020, Optim Project Management reported a turnover of over 4.25 million EUR, and estimates a 4.75 million euros turnover in 2021.Optim Project Management has an extensive portfolio (225 large scale projects, more than 4.8 million sqm built, and over 125 technical due diligence reports) with projects worth over 1 billion euro in almost all construction sectors. The company was responsible for the construction of the most well-known investments in Romania as varied as ParkLake in Bucharest, one of the largest home appliances hubs in Eastern Europe - Arctic Factory in Targoviste, J8 Office Park in Bucharest, St. Constantin Hospital in Brasov, The Marmorosch Bucharest | Autograph Collection hotel, ISHO Living residential investment in Timisoara, and HOSPICE Casa Sperantei - Adunatii-Copaceni Centre. Also, Optim Project Management was involved in some of the largest real estate transactions on the local market by undertaking technical due diligence services.
Romania aims to add 2,500 MW of new capacity to its energy system by 2025, through investments in new energy-producing facilities and other projects co-financed with European funds. The government is eyeing facilities at Iernut, Mintia, Răstoliţa, and Năvodari for investment. “Energy is the heart of the economy. Without reliable and cheap energy, there is […]
The European Court of Human Rights ruled on Tuesday, January 7, that the Romanian state must return 17,000 hectares of land to the Borșa Landowners’ Association within 12 months of the decision becoming final. The claimants in the case are 53 Romanian citizens whose land was confiscated by the communist regime. The Court found a […]
Dacia Sandero will most likely be the best-selling car in Europe in 2024, according to preliminary data covering 97% of sales in the EU, European Free Trade Association countries, and United Kingdom. Looking at the provisional rankings, the Sandero leads the Top 10 with 247,210 units sold in the first 11 months of 2024, followed […]
NATO’s Exercise Steadfast Dart 25 is set to bring thousands of soldiers to the alliance’s eastern flank countries like Romania and Bulgaria, with the UK contributing a sizable force to the military show of strength. The exercise, taking place throughout January and February 2025 and reuniting forces from 10 NATO countries, is meant to practice […]
The first fixed speed detection devices have been installed on Romania’s A1 and A2 highways and the national road DN2 in Vrancea County as part of the e-SIGUR system. The offending drivers will have fines sent to their homes. The e-SIGUR system will monitor the main roads in Romania, aiming at higher degrees of safety. […]
A Hilton Garden Inn hotel is scheduled to open in Craiova, in southern Romania, in 2026, after local company Restaurant President signed a franchise agreement with international hotel group Hilton. The hotel will have 179 rooms, a restaurant, a fitness center, and several conference rooms, the local company announced. "Addressing both business tourists and those […]
