Ziarul Financiar: Marian Ciupitu, a construction contractor: “We will bring workers from India. We observe an increase in Romanians’ interest in working outside the borders”

Terano Construct, a local company with a turnover of 7 million euros, which operates in the construction industry, wants to employ thirty people during this year, based on contracted projects. Thus, the company would grow from 70 to 100 employees by the end of 2024. “We intend to increase the number of people working at […]
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Business Magazine: How could price adjustment unlock the real estate market? “It would take a 10-15% drop for housing prices to become attractive again”

The information that the VAT level for the purchase of housing would increase from 5% to 9% with the new fiscal changes circulated has alarmed the real estate developers’ guild, which anticipates a market blockage, because the buyers would thus be unable to buy any more a house. Read the rest of the material here.
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Adevărul: Construction, brought to its knees by tax measures: rising prices and black work | ANALYZE

The fiscal measures taken into account by officials to reduce the budget deficit will bring the construction industry to its knees, having negative effects not only on the market, but also on individuals. Ask how the construction sector will be affected by the new tax measures considered by officials, such as increasing VAT on several […]
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Financial Intelligence: The construction sector will be shaken by the fiscal measures envisaged by the Government, according to sources (specialists)

*Dragoș Vlagali, Comercial Bauindustry: The number of Romanians who will leave the country will increase and we will also have to bring labor from Asia *Matius Ichim, architect: I think the short-term effects will be disastrous for the professional labor market * Marian Ciupitu, Terano Construct: The real estate developers and implicitly the builders specialized […]
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Ziarul Financiar: How could the price adjustment unblock the real estate market? “It would take a 10-15% drop for housing prices to become attractive again”

The information that the VAT level for the purchase of housing would increase from 5% to 9% with the new fiscal changes circulated has alarmed the real estate developers’ guild, which anticipates a market blockage, because the buyers would thus be unable to buy any more a house. Estimates of price increases range from 5% […]
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Green Forum: Romania keeps improving its position in environmentally friendly construction

A sustainable building, whatever its destination, can be 15-20% more expensive than an ordinary one, says Marian Ciupitu, General Manager of Terano Construct. He talked to Green Forum about the company’s ESG strategy and about the advantages of a sustainable building. He also says that Romania is continually improving its position regarding environmentally friendly construction, […]
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Ziarul Financiar: Terano Construct, a company with a turnover of 5 million euros, sets up cafes for Starbucks and stores for the Vagabond clothing brand. The company is fully owned by Marian Ciupitu, a graduate of the Faculty of Machine Construction Technology (TCM)

Marian Ciupitu, Terano Construct owner: For 2023, we aim to consolidate the business, it is already a more difficult year, as we have seen so far, but we will take the challenges step by step, so that the forecasted decrease does not affect us much throughout the market. Price fluctuations in the area of construction […]
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