PPF Real Estate announces it has chosen the Romanian unit of Strabag as the general contractor for the construction of ARC, a premium office building to offer 30,000 square meters of space in one of Bucharest’s expanding commercial districts near the Basarab metro station. The ARC project is PPF Real Estate’s first development project in Bucharest, adding to the company’s existing office spaces available at Metropolis Center and Crystal Tower office buildings. The construction of the state-of-the-art and environmentally friendly ARC is scheduled for completion in 2026. “We are certain that ARC will be a trailblazer among top-notch office spaces in Bucharest and Romania. We are thrilled to select Strabag due to its excellent long-term track record in delivering building constructions to the highest standards, enabling investors and landlords to satisfy their tenants,” says Juraj Šaštinský, PPF Real Estate’s Investment Director. *** PPF Real Estate develops and manages commercial and residential projects across several markets in Europe and the US, including Florida, Poland, the UK, the Czech Republic and Romania. STRABAG SE is a European technology group for construction services. STRABAG has been active on the Romanian market since 1991, establishing its headquarters in Bucharest in 1994. Today, STRABAG Group has subsidiaries in all major regions of Romania and operates in all construction sectors, especially in the transport infrastructure, building construction and civil engineering segments, as well as in environmental construction projects.
Romania will face Turkey in the semi-final of the World Cup qualifying play-offs, with the match scheduled to take place away from home on March 26 next year, Biziday.ro reported. A win would send the national team into the play-off final on March 31, where it would meet the winner of the Slovakia–Kosovo match. Romania […]
An exhibition showcasing various depictions of the traditional Romanian blouse ia, including Henri Matisse’s iconic La Blouse Roumaine, is opening this weekend in Bucharest, while Cluj is entering festive mode with...
Mercenary Horațiu Potra, who faces charges of attempting to undermine constitutional order in Romania, is being flown back to Bucharest under police escort after authorities in the United Arab Emirates approved his extradition,
Simtel (BVB: SMTL), a Romanian engineering and technology company listed on the main market of the Bucharest Stock Exchange (BVB), announced that it inaugurated a 52 MWp photovoltaic park in Giurgiu, the largest solar facility in Romania built through ecological reconversion on degraded industrial land. The project transforms a former industrial ash pit into a […]
North Bucharest Investments announces outstanding results following the addition of Horizon City to its portfolio, one of the largest and most modern residential developments currently in the presales phase. In just three weeks, NBI recorded a 40% increase in reservations, highlighting the strong market interest in this strategically positioned project in the northern part of […]
Untold Universe is set to open its Planeta Crǎciun/Planet Christmas holiday market in Cluj-Napoca on Friday, November 21, turning Piața Unirii into a winter attraction filled with lights, music, and various activities. The 41-day event, organized in partnership with the city hall, marks the start of the city’s festive season and includes hundreds of thousands […]
