Bog’Art estimates €100m in profits for 2013

24 September 2012

A slew of newly-signed contracts has the construction company Bog’Art estimating it will end 2012 with €80m in profits, while 2013 should be even better, with a €100m gain.

This year Bog’Art began construction on Floreasca Park, a €70m office project developed by Portland Trust, as well as Green Gate, a €55m investment owned by Czech group S Group Holdings.

Meanwhile, Bog’Art is busy building an Auchan supermarket in Bucharest and a Kaufland supermarket in Calarasi. The company is also involved in the construction of a factory in Sibiu and a five-star hotel in Brasov.

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