Bog'Art publishes its first sustainability report

Business Forum
Romanian construction group Bog'Art has published its first sustainability report that outlines the company's results and objectives under the ESG development framework. 

The group's portfolio comprises over 650 completed projects, totaling more than 3 million sqm, with a contracted value of approximately €2 billion over the past three decades. 

In collaboration with BuildGreen consultants, the construction company developed its own questionnaire to evaluate the level of sustainability practices implemented across its sites nationwide, using the industry's best practices as benchmarks. 

“Our commitment to strong corporate governance, reducing environmental impact, and respecting the people who work alongside us are essential pillars for generating positive and lasting change in the local construction industry,” says Bogdan Doicescu, Group CEO of Bog'Art Holding Management. 

The group said its proprietary site assessment system ensures traceability and identifies deviations from the highest international standards, adopting the Considerate Constructors Scheme model from the UK. The methodology aligns with GRI reporting standards, while the company's objectives follow the United Nations' Sustainable Development Goals. 

RECOMMENDED
Iulius invests €29 million in Europes largest private soil cleanup
Real estate

Iulius invests €29 million in Europe's largest private soil cleanup

Romanian developer Iulius has launched Europe's largest private bioremediation project, investing €29 million to clean 38 hectares of contaminated land in downtown Constanța. The project will transform the former Oil Terminal platform into an integrated urban regeneration complex worth over €800 million.

There is still resistance to adopting circular economy principles
Real estate

There is still resistance to adopting circular economy principles

Mihnea Cristescu, Project Manager & Sustainability Consultant at Cushman & Wakefield Echinox, talked to Property Forum about the shift from the traditional green certification system in the real estate industry and the growth in the segment of green loans over €100 million.

Bucharest grapples with decline in resi permits and completions
Real estate

Bucharest grapples with decline in resi permits and completions

Bucharest's residential real estate sector is experiencing a significant downturn, with a notable drop in both permits and completions, raising concerns about the market's trajectory, according to an opinion by Dr. Sebastian Sipos-Gug - Ebuild srl, Eastern European Construction Forecasting Association (EECFA) Romania.

Infrastructure and retail drive Romanian construction in 2025
Real estate

Infrastructure and retail drive Romanian construction in 2025

Romania's construction industry maintained a high level of activity in 2024, despite a slight 4% decrease compared to the previous record year, according to data from the National Institute of Statistics (INS). However, compared to 2018, the volume of construction works was 78% higher during 2024.

RECOMMENDED FROM THE HOME PAGE
Finance

Mogo Romania expands into personal loan market

Mogo Romania, part of the international Eleving Group, has officially launched personal loans, expanding its product portfolio after nine years of exclusively financing used-car purchases.

READ MORE
Business Forum  |  23 October, 2025 at 3:50 PM
Business Forum  |  23 October, 2025 at 2:02 PM