Chinese construction company plans to open Bucharest office as part of Eastern Europe expansion
Chinese construction company China Civil Engineering Construction Corporation (CCECC) intends to open offices in Romania, Hungary and Bulgaria, as it wants to focus on Central and Eastern Europe. “We're are interested in revamping railroads, bridges, tunnels, highways. Our company is willing to collaborate with local firms to benefit from European funding for such projects,” said Zhang Zhenhai, general manager of the company's Eastern Europe department, during the ongoing China – Central and Eastern Europe forum.
China Civil Engineering Construction Corporation was established in 1979 and covers project contracting, civil engineering design and consultancy, real estate development, import and export trading, hotel management, among others.
End 2012, the company had a staff of 4,000, with 15,000 foreign employees. Its annual newly-signed contract value is of USD 7.4 billion.
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