The developer Akcent Development, controlled by Alin Niculae, focuses on foreign markets for construction materials and workers.
“We are quite close to starting the new Akcent City project and we have rebuilt the budget from week to week, because we were notified and we received e-mails informing us that the prices for materials had increased. Everyone knows that since 2020, brick has become a luxury item, in the sense that all manufacturers only deliver with advance payment. We are not talking anymore about a payment at 20 or 30 days, as is normal to practice in any industry, we are asked for payment in advance and it is not known if it will be delivered to you on time. As a result, this year, we have taken steps to establish a contractual relationship with external partners in the field of brick masonry “, said Laurențiu Afrasine, CEO of Akcent Development.
In addition, the developer will bring to the site of the new project labor from abroad. 300 Turkish workers will work on the project, which must be completed within two years. The project will have over 800 homes, and the investment is EUR 70 million, of which EUR 35 million is credit.
Source: Economica.net
