OCTAGON building the second stage of the office complex Hermes Business Campus

Press release                                 

                       

                                                                                                                 October 15^th 2014

OCTAGON building the second stage of the office complex Hermes Business Campus

      Contract value: 6.2 mil Euro

      Hermes Business Campus- office complex located on 5-7 Dimitrie Pompeiu Blvd.

Hermes Business Campus - building C

Bucharest, October 15^th 2014: OCTAGON CONTRACTING & ENGINEERING, a company that specializes in civil and geotechnical construction works, started works on building C of the office complex Hermes Business Campus. The complex will be developed in three stages and this is the second stage. The works performed by OCTAGON will have a total value of 6.2 mil euro.

OCTAGON will build the infrastructure, consisting in diaphragm walls D 800, bored piles D 1,000 and D 1,500, foundation raft, crown beam. The company will also execute the superstructure of building C.

Hermes Business Campus - building C

“The fact that we are continuing works on the second stage of the complex Hermes Business Campus allows us to use the experience accumulated in the first stage to obtain better results and contributes to the project coherence. Construction works on building C started in September, and now we are building the special foundations.” said Mr. Alexandros Ignatiadis, co- founder and shareholder of OCTAGON CONTRACTING & ENGINEERING.

In July 2014 OCTAGON delivered the first stage of the project. The company was general contractor for building B within the complex, developed by NGY Properties Investment, the Romanian branch of the Belgian group Atenor. The building covers 37,000 sqm, has 4 underground floors, 8 ground floors and one technical floor and has been fully leased.

Hermes Business Campus is the first investment of Atenor Group in Romania. Works started at the end of

Hermes Business Campus - building C

2010, when OCTAGON won the infrastructure contract, consisting in the execution of  diaphragm walls, bored piles, excavation and foundation in top-down system, as well as the execution of the structure of levels -3 and -4.

In 2013 OCTAGON took over the general contractor role from the Austrian company Alpine and continued with the execution of reinforced concreting works on the superstructure, architecture, electrical installations and HVAC.

Building B obtained BREEAM certification with excellent grade for the execution of the superstructure.

About OCTAGON:

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.

Hermes Business Campus - building C

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).

 

OCTAGON CONTRACTING & ENGINEERING

For more information click HERE. 

Phone: (+4)021.232.39.20

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OCTAGON ranks 20th in Top 100 General Construction Contractors in 2014

OCTAGON CONTRACTING & ENGINEERING ranks high in “Top 100 General Construction Contractors in 2014”, compiled by IBC Focus. The company ranks 20^th among the 100 selected companies, after having reached an 87 million lei turnover in 2013.

The first 300 general contractors with the NACE code 4120- construction works for residential and non-residential buildings were considered for selection, depending on the turnover and on the number of ongoing projects in the past 12 months. IBC Focus used 4 different sources of information: the Ministry of Finances, the National Trade Registry, the Investment Report and the answers received from companies, after filling relevant questionnaires. 

The top excluded the companies registered under NACE code 4120 which perform other activities than the construction of residential and non-residential buildings; companies that are part of a group of companies already represented in Top 100 General Contractors by another company; companies that reported turnover and activity at the end of 2013, but when the information was collected were in insolvency, liquidation, radiation or dissolution; companies that did not have any ongoing construction project in 2013.

The company ranking first in top 100- Strabag SRL had a 1.1 billion lei turnover, while the last company in the top posted a 30 million lei turnover.

The first 10 positions in the top were filled by Strabag, Bog’Art, Astaldi Spa, Aktor Societate Tehnica Anonima Aktor, Vega 93, Con-A, P.A.B. Romania, Danya Cebus Rom, Constructii Erbasu and Aedificia Carpati.

2013 marked a strong recovery of OCTAGON CONTRACTING & ENGINEERING on the construction market. The company contracted six new projects and performed construction works worth around 20 million Euro- 87 million lei, in Romania and in Irak, where Octagon has a branch.

Thus in 2013 OCTAGON became general contractor for the office complex Hermes Business Campus- located in Bucharest, Dimitrie Pompeiu Blvd. OCTAGON performed superstructure, electrical and sanitary  installation and HVAC, concrete reinforcement works, the construction of the underground levels -4 and -3 and lifted the superstructure of building B. The works were worth 13 million Euro.

In 2011 OCTAGON build the foundation in top- down system, for two underground levels, within the office complex Hermes Business Campus.

Another project representative for the office market in Romania, in which the company was involved, is the office complex Green Court Bucharest (Gara Herastrau St.- Bucharest) where OCTAGON performed infrastructure and superstructure works for buildings A and B.

OCTAGON started last autumn the special foundation and infrastructure works on the office building PC Business Center (7- 9 A Bucharest- Ploiesti Road).

In 2013 OCTAGON also started the special foundation works on two projects in Iraq:  Al Zawraa Stadium in Baghdad and the Electric Power Plant 1,250 MW Shatt Al Basra.

Hermes Business Campus

Green Court Bucharest

PC Business Center

OCTAGON CONTRACTING & ENGINEERING

For more information click HERE. 

Phone: (+4)021.232.39.20

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