Bog’Art Group : Building Romania
We speak to Bogdan Doicescu, Director of Business Development at Bog’Art Group, about the construction sector within Romania and the company’s latest construction projects and real estate developments.
Integrated Ingenuity Spanning the entire chain of building services, Bog’Art has become reputed for its landmark projects, complex and innovative technical solutions and is the largest local construction company with fully integrated building services in Romania Writer: Jonathan Dyble | Project Manager: Ryan Gray Romania is home to a thriving construction sector.According to statistics from GlobalData, the country’s current construction project pipeline – including all megaprojects valued at $25 million or more – is in excess of $100 billion. It’s a substantial figure being backed up on all fronts. In April 2019, the European Commission (EC) approved investment worth $2.3 billion under the EU Cohesion Policy to develop infrastructure in Romania, focussing on various projects across transport, energy, healthcare, education, water, housing, communication and welfare development. Meanwhile, the EC’s own research also shows a buoyant private sector. In 2016, more than 89,000 enterprises and 600,000 people were shown to be engaged in Romania’s construction industry, representing respective increases of 7.6 percent and 2.9 percent since 2010. The result of this upturn? The sector today accounts for approximately 10 percent of national GDP, and with the nation renowned as one of Europe’s fastest growing economies, it is drawing in some of the boldest, brightest minds who are powering some truly inspirational companies. Enter Bog’Art Group – Romania’s largest construction company.Founded in 1991, the family-owned enterprise has come to typify the growing prosperity spreading across the local urban landscape. “We like to think of ourselves as a completely integrated local construction company in the true sense of the meaning,” explains Bogdan Doicescu, President of the…