Italian construction company Astaldi and Germany's Max Bogl have been awarded an EUR 120 mln contract to modernise and expand capacity at the 'Lia Manoliu' stadium in Bucharest, Romania. Astaldi said that work on the project is slated to begin in the second quarter of 2007 and is expected to last for 20 months.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
