OCTAGON has performed two thirds of the contracted works for the rehabilitation of Brasov- Simeria railway, Coslariu- Sighisoara section

Brasov- Simeria Railway

OCTAGON CONTRACTING & ENGINEERING has performed two thirds of the contracted works for the rehabilitation of Brasov- Simeria railway, Coslariu- Sighisoara section, two years from the beginning of the project. The delivery term is November 2014. The beneficiary of the project is the National Railroads Company (CFR) and the general contractor for Coslariu- Sighisoara section is the Portuguese company FCC Construccion.

Brasov – Simeria railroad is a component of the Fourth Pan – European Corridor. The objective of the project is to rehabilitate and

Sheet pile installation

modernize 89.5 km of double electric powered railway line between Sighişoara and Coşlariu, including all the connecting structures and auxiliary works, to ensure a maximum speed of 160 km/h for passenger trains.

The following works will be performed within the project: rehabilitation of 63.46 km of double electric powered railway line; building 26.04 km of double electric power railway line; rehabilitation of 10 railway stations.

Sheet pile execution and retention systems

The rehabilitation of the railway road will be performed with European financing, acquired within the Priority Axis nr. 1 „Modernizing and Development of Priority Axis TEN-T, with the Purpose to Develop a Sustainable Transport System and its Integration in the EU Transport Networks.", Major Intervention Domain 1.2 „Modernizing and Development of Railroad Infrastructure over the Priority Axis TEN-T 22".

Bored piles execution and retention systems

OCTAGON is performing the following works for the construction of section II- Coslariu- Sighisoara: drilling of bored piles D 1.000, anchorages, stone columns, sheet pile installation and gunite for tunnels and bridge.

OCTAGON also has four other ongoing infrastructure projects. OCTAGON is geotechnical construction contractor at one of the most important infrastructure projects in Bucharest: ”The underground road passage from Piata Presei”, where the

Sheet pile extraction

company is building diaphragm walls.  The passage will have a total length of 550 meters and two exits. One of the exits will lead to Kiseleff Road and the second one will lead to Marasti Blvd.,  allow crossing the area on any direction and subsequently connect public ground transport, the railway line and the bus lines, with the station of the future metro line 6. The purpose of the passage is to streamline the traffic in one of the most crowded areas of the capital. 

Consolidation works

Another important project under construction, within which OCTAGON is working, is Lugoj- Deva Highway. The company is building bored piles for sections A, D and E, sector 2. The highway will stretch over 100 km on delivery.  Sector 2 will be 28 km long.

OCTAGON is performing foundation works: bored piles and sheet piles at the project “Passage over the rail road km 5 + 343” in Craiova.

Sheet pile retention systems

The fourth project started this year by OCTAGON is  “Functional rehabilitation of Revolutiei Square from Slobozia”. The company is part of ACM4- Romprest- TIAB- OCTAGON Consortium and is performing geotechnical works: metal sheet piles and drilling for dewatering systems, within a parking lot project.

“Even if infrastructure has not been a priority for public investments this year and the market is not going through a dynamic period, we have four new ongoing projects and we are continuing works at the rehabilitation of Brasov- Simeria railroad, a project started in 2012.  But the perspectives for infrastructure development are positive. After four years of slowdown, the infrastructure will inevitably become the engine of the construction market development.” said Mr. Alexandros Ignatiadis, co-founder and shareholder of OCTAGON CONTRACTING & ENGINEERING.

 

For more information click HERE. 

OCTAGON CONTRACTING & ENGINEERING

Phone: (+4)021.232.39.20

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OCTAGON HAS ONGOING INFRASTRUCTURE PROJECTS WORTH AROUND 3 MIL. EURO IN 2014

Press      release                                                                                                                                                                                                                                                                                                                     

                                                                                                                                                     September 10^th 2014

Bucharest, September 10^th 2014:  OCTAGON CONTRACTING & ENGINEERING, one of the major players on the geotechnical and civil construction markets in Romania, has won road infrastructure projects worth around 3 million euro in 2014. 

      Four road infrastructure contracts

      Geotechnical works

      Locations: Craiova, Slobozia, Lugoj- Deva

“Even if infrastructure has not been a priority for public investments this year and the market is not going through a dynamic period, we have four new ongoing projects and we are continuing works at the rehabilitation of Brasov- Simeria railroad, a project started in 2012.  But the perspectives for infrastructure development are positive. After four years of slowdown, the infrastructure will inevitably become the engine of the construction market development.” said Mr. Alexandros Ignatiadis, co-founder and shareholder of OCTAGON CONTRACTING & ENGINEERING.

OCTAGON is geotechnical construction contractor at one of the most important infrastructure projects in Bucharest: ”The underground road passage from Piata Presei”, where the company is building diaphragm walls.  The passage will have a total length of 550 meters and two exits. One of the exits will lead to Kiseleff Road and the second one will lead to Marasti Blvd.,  allow crossing the area on any direction and subsequently connect public ground transport, the railway line and the bus lines, with the station of the future metro line 6. The purpose of the passage is to streamline the traffic in one of the most crowded areas of the capital.  

Another important project under construction, within which OCTAGON is working, is Lugoj- Deva Highway. The company is building bored piles for sections A, D and E, sector 2. The highway will stretch over 100 km on delivery.  Sector 2 will be 28 km long.

OCTAGON is performing foundation works: bored piles and sheet piles at the project “Passage over the rail road km 5 + 343” in Craiova.

The fourth project started this year by OCTAGON is  “Functional rehabilitation of Revolutiei Square from Slobozia”. The company is part of ACM4- Romprest- TIAB- OCTAGON Consortium and is performing geotechnical works: metal sheet piles and drilling for dewatering systems, within a parking lot project.

OCTAGON CONTRACTING & ENGINEERING (www.octagon.com.ro ) is a Romanian company set up

in 2005, headquartered in Bucharest. The company also has a branch in Baghdad (Iraq).  With a 19.6 million euro in 2013, large scale projects in Romania, Iraq, Greece, Turkey and Bulgaria, OCTAGON is one of the main players in the civil and geotechnical construction sectors, in Romania. The company has become active in the infrastructure sector in the past five years, when it started contracting important projects.

 

Among the reference works performed by OCTAGON in Romania there are: the office complex Green Court Bucharest (Gara Herastrau Street- Bucharest), the tallest office building in Bucharest Sky Tower (Barbu Vacarescu Blvd.), the office building Olympia Tower (Decebal Blvd.- Bucharest) and the Combined Cycle Power Plant 867 MW OMV- Petrom (Brazi- Prahova county).

Contact

OCTAGON CONTRACTING & ENGINEERING

Corina Ilie

Public relations specialist

Tel: (+40) 769 249 286

E-mail: c.ilie@octagon.com.ro

OCTAGON is building bored piles for Electric Power Plant 1250 MW Shatt Al- Basra, Irak

Electric Power Plant 1250 MW Shatt Al- Basra

A country with an economy extensively affected by war, full of demolished buildings and a poor road infrastructure, Iraq represents a major business opportunity for construction companies all over the world. As national economy is recovering, housing demand, caused by high deficit at the end of the 20th century, increases and requires significant investment in development projects. Rebuilding Iraq’s roads and transport is vital for foreign companies to transport equipment and merchandise, as they develop their projects in the country.

Electric Power Plant 1250 MW Shatt Al- Basra

Few are those who, despite of having identified the economic potential of the country, are taking the risk of investing in a country with major security issues. OCTAGON CONTRACTING & ENGINEERING is among the companies that have taken advantage of the opportunities provided by the Iraqi market. The company opened a branch in Baghdad in 2011.

Electric Power Plant 1250 MW Shatt Al- Basra

“Our anchor during crisis was the Iraqi market. We decided to try another market with long term growth perspectives and that provides liquidities for infrastructure projects.  The security issues were an advantage for us, as they keep the competition at distance. Right now we are building awareness on the market and we are waiting for a stabilization of the political situation. The fact that we already have three projects ongoing is a positive sign and confirms the fact that we had good intuition when we made this decision.” said Alexandros

Electric Power Plant 1250 MW Shatt Al- Basra

Ignatiadis, co-founder and shareholder of OCTAGON.

OCTAGON has three ongoing projects in Baghdad and Basra. One of these projects is the Electric Power Plant 1250 MW Shatt Al- Basra, where the company is building bored piles D 1.000, for the contractor Metka. The company has a team of Romanian and Iraqi workers and engineers working on the project at high pace.

Electric Power Plant 1250 MW Shatt Al- Basra

OCTAGON is using the experience accumulated while building the biggest private electricity cogeneration greenfield project, built in Romania in the past 20 years: Combined Cycle Electric Power Plant 867 MW OMV- Petrom (Brazi). The construction works were performed between 2009- 2011 and the power plant began the commercial operations on August 1^st 2012. OCTAGON performed geotechnical, structure, architecture, installation (electrical, sanitary) works and exterior works within the project.  

Electric Power Plant 1250 MW Shatt Al- Basra

OCTAGON is also working in Iraq on the construction of a residential project:  Iraq Gate Residential and

Electric Power Plant 1250 MW Shatt Al- Basra

of Al Zawraa Stadium, both located in Baghdad.

A number of large- scale infrastructure and real estate projects are underway and a combination of several factors makes Iraq a favorable business and investment destination. 

Electric Power Plant 1250 MW Shatt Al- Basra

Laws in place for foreign investment allow 100% foreign ownership of businesses in all sectors except oil and mineral extraction. Also non- Iraqi citizens can now own land for housing projects. Investment partnerships with state-owned enterprises are also possible for foreign companies, at present.

 

 

For more information click HERE. 

OCTAGON CONTRACTING & ENGINEERING

Phone: (+4)021.232.39.20

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