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Greek Octagon has four infrastructure projects in Romania worth over three million Euro

Greek construction firm Octagon Contracting & Engineering announced it is working this year on four new road infrastructure projects totalling over three million Euro in Romania. Alexandros Ignatiadis, co-founder and shareholder of the construction company stated that the company expects this sector to drive growth in the construction industry

2014-10-04 12:07:28 - From the Print Edition

"However the outlook for infrastructure is positive. Inevitably, after four years of stagnation, the infrastructure will be the development engine of the construction market," said Ignatiadis.
Octagon Contracting & Engineering was set up in 2005 and has managed over its eight years of activity to consolidate its position in the geotechnical and civil constructions field, becoming one of the main players on the Romanian market. The company is contractor for the underground road passage developed in Piata Presei in Bucharest. Also, in the country, Octagon runs execution works for drilled piles for one section of the Lugoj-Deva motorway. Further, it is building an overpass to a railway line in Craiova and executing the rehabilitation of a square in Slobozia, according to company data. Octagon has reported a turnover of 19.6 million Euro in 2013.



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