Leaders in Construction Management
Cost Management
As a project beneficiary, you need a bird’s eye view of resource utilization. Such perspective is achieved via thorough planning, accounting, monitoring, and control of the allocation of costs during the project.
The focus of cost management is the elaboration of accurate and realistic budgets and the fulfillment of the original design plans within estimated costs. Our financial experts also indicate deviations from these plans, while constantly searching for sources of cash flow improvement and cost savings.
Cost Planning
Cost plans are financial road maps to the future development of the project. When thoroughly elaborated from the planning phase of the construction, they provide a clear and effective path to reaching the project goals.Our focus is on proactive forecasting and permanently controlling costs, rather than delivering retrospective cost reports.Procurement
The team assists the Client in the selection of tenders for any third-party contract. During the selection phase, we organize and conduct interviews, examine suitability for tender, assess the participant's experience, and prepare the shortlist.The cost management team has the role of monitoring the tender procedure, interviewing bidders, and resolving queries and qualifications.Value Engineering
Value engineering is a critical analysis of both the design and the functionality of construction, to assess cost versus added value.The scope of the valuation is to diminish or even take out superfluous expenses while preserving the project specifications when it comes to technical standards, attractiveness, and sustainability.Cash Flow Forecasting
The project expenses fluctuant over several development phases and so is the need for financing. Having the available funds at the right time may result in significant savings and allows the project team to value opportunities as they come up. Along the way, our key responsibilities are evaluating the construction costs and reconciling them with the current market circumstances in terms of inflation, exchange rate variation, etc.Cost Management
Dealing with costs is an ongoing responsibility, spanning over all stages of project development.The cost management team works with the designers and engineers and advises on ways to reduce costs and remain within the approved budget. They perform value engineering concerning the project meaning, exploring design and product alternatives with the designers that will provide increased buildability and cost and operational advantages for the Project.Final Account Delivery
Thoroughness and transparency accompany our work from the early days of every project to its full completion. Providing clients with the overall cost situation, analyzing results, and concluding is the key to permanent improvement.When most teams rush to new projects, the cost management team remains at our Clients’ side, finalizing and providing for approval the Final Account Value for the Project.
Corinthia Grand Hotel du Boulevard
A complex refurbishment and restoration process is undergoing, aiming to resurrect the prestigious capital of the emblematic building and, at the same time, comply with…
Eminescu 108-112 Office Building
The full coordination of the construction works for the development of an 12.000 sq. m class-A office building with 2U+GF+E+6-7F.
Perla Residence II
Perla Residence is located in the northern part of Bucharest (George Bacovia Street, Voluntari City, Ilfov County) near the main road, with direct access to…
Vitalitas Elderly Care Center
Being among the few elderly care centers built from scratch and designed especially for senior needs, Vitalitas provides its clients with approximately 20.000 sq. m…
Kaufland Caracal
The construction of a new Kaufland store, located in Caracal, Dolj county.
PTC at Sema Park
Fit-out project for PTC offices at Sema Parc business complex, in Bucharest.
H Victoriei 139
H Victoriei 139 will include 33 jewel apartments, each one prepared with special attention and materials chosen especially for you. Whether for purchase or investment,…
One Cotroceni Park
One Cotroceni Park is the largest urban regeneration project in Bucharest with mixed functionalities, aiming to redefine the classic real estate and elevate the city…
One Cotroceni Park – Phase II
One Cotroceni Park Phase II consists in the development of eight 11-storey buildings with over 850 apartments with modern design and exclusive features and 1000…
Ramada Hotel
Full coordination of the construction works for the development of Ramada Hotel in Craiova, comprising 162 keys, on a total area of about 15,200 sq….
Hotel Mercure
The coordination and Project Monitoring of the development of Hotel Mercure, comprising 114 keys on a total area of about 6,000 sq. m, located in…
Ibis Sibiu
Full coordination of the construction works for the development of a new Ibis hotel in Sibiu, comprising 72 rooms, a restaurant and other exclusive facilities.
Historical Bulding Ion Campineanu 2
Full coordination of the restoration works for the 6-Storey historical building of approx. 5,000 sq. m and the reconversion of the building into a mixed-used…
Luxuria Residence
The coordination of the construction works for the development of the Luxuria Residence project, consisting of 630 apartments, and 763 parking places, as follows: 1st…
Wilo Romania
The project consists of the development of a 2-storey office building, a hall complex with service space, storage, and an assembly line for metal parts…
Doamnei 21
The full coordination of the construction works for the consolidation, extension, and attic of Doamnei 21 historical building, comprising a hotel and restaurant of about…
Avrig Park Residence
The development of Building A and Building B within the Avrig Park Residence compound, comprising 316 apartments and 405 parking spaces on the premises, disposed…
The Light
Being the first out of three office buildings that will be developed in the location, part of larger offices and residential concept, “The Light” comprises…
America House – refurbishment
America House is one of the largest multifunctional business centers in Bucharest, ideally located at the heart of the city’s CBD, in Victoriei Square. With…
Casa Doina
The roof restoration of Casa Doina, one of the most famous restaurants in Bucharest and a historical monument.
Secondary school extension – American International School of Bucharest
The extension of the Secondary school within the American International School of Bucharest on a total area of 4.000 sqm
H Victoriei 109
H Victoriei 109 is a class A office building characterized by unique architectural details and high-end finishes. Calea Victoriei is more than a segment…
Medicover Hospital
Within this project Vitalis team will provide Project and Cost Management Services, Site Management, Site Inspection and Health and Safety Coordination for the reconversion of…
Leroy Merlin Brasov Astra
The construction of an 8.000 sq. m retail development for Leroy Merlin, located in Brasov.
Swissotel
Being one of the most significant new developments in the hospitality sector in Bucharest, a luxury hotel of superior quality, it will be one of…
Magazinul Bucuresti
The resurrected landmark keeps the same height and similar façade as the building constructed nearly a century ago, having 2 underground levels, one designed for…
Ikea Baneasa
Refurbishment of the store: electrical system, HVAC system, smoke exhaust system; architectural, structural, etc. Plot Area: approx. 63,000 sq. m including over 1,000 parking spaces….
Mercure Sibiu
The new 4-stars Mercure Hotel will encompass 121 modern and comfortable rooms, a restaurant, lobby bar, and lounge, a SPA area with an indoor pool,…
S-PARK Office Center
S-Park Building is located in the north part of Bucharest, near the PiataPreseiLibere. The building offers 34,186 sq. m of leasable area, with height characteristics…
Radisson Blu Cluj
The new hotel is the result of a complex refurbishment and modernization process of Hotel Sport, an old building from Cluj-Napoca, which was entirely coordinated…
London and Oslo Office Buildings
The construction of 2 class-A office buildings, part of the Sema Parc business complex, with 2B+GF+5F+Technical Floor, 2B+GF+14F+ Technical Floor
Lakeview
Lakeview Business Center consists of two office buildings, totalizing 50,000 sq. m.
Hattrick Office Building
With a total area of 7.500 sqm, disposed on U+GF+E+5F+Er, Hattrick Office Building has been designed to provide efficient office space in a well-located commercial…
Floreasca 169 Business Park
The project relates to the coordination of the Office Space in a total area of approx. 1,000 sq. m located at address 169 Floreasca Road,…
Copou Bellevue
Full coordination of the construction works for the development of the Copou Bellevue residential compound, located in Iasi.
AFI Business Park
In April 2014, AFI Europe started the construction of AFI Park 4&5, the 4th phase of the office project, which is to be finalized in…
Kaufland Palazu Mare
The coordination of the construction works for a new Kaufland store of about 4.500 sq. m total area.
Winmarkt Galati
11,000 sq. m commercial building requiring – demolition, consolidation, reconstruction
Winmarkt Piatra Neamt
10,500 sq m commercial building requiring refurbishment works for a new facade
Mercur Craiova
12,000 sq. m of retail space requiring refurbishment works for a new façade, repartitioning and modernization of existing commercial galleries, and construction of a new…
Iris – Auchan Titan
Retrofit of the existing Shopping Centre Auchan Titan and Iris Galery to become compliant with the ISU (fire authority) regulations in force with the final…
Korona – Brasov Plaza
The services relate to organizing, coordinating, and controlling the design, permitting, and construction processes for the construction.
Doraly Expo Market – Warehouse, Wholesale & Supply
The construction of a 50,000 sq. m warehouse, wholesale and supply with ground floor
Ramnicu Valcea Shopping City
Construction of a new build shopping center, with a targeted total of square meters of GBA 36,810 sqm intervention to include a Hypermarket, Retail Mall…
Evocasa Selecta
Evocasa Selecta is a 12,500 sq m exclusive residential project in the center of Bucharest, located near the Fire Tower, only a few minutes from…
Edenia Titan – Phases I & II
Edenia Titan is a unique residential project, and one of the first of its kind on the market in Romania, being located in the green…
Evocasa Armonia
EvocasaArmoniais a residential tower building located in the heart of Titan area, on 3 – 11 Ion Agarbiceanu Street, District 3, Bucharest. The 46,320 sq…
Evocasa Optima – Phase II
Evocasa Optima building B residential project, consists of 11-storey modern building, located in the South-East area of the City, on Fetesti Street, District 3. The…
Evocasa Orizont
Evocasa Orizont is a unique neighborhood, comprised of 156 residential units, a modern, upscale ensemble just outside the city. The project consists of four 4-storey…
Evocasa Viva
Evocasa Viva is located on 4 Stejarului Street, Braşov in a green area, with a mountain view and near Noua Lake. The 12,620 sq m…
Cortina Residence
Cortina Residence is located at 83 HoriaMacelariu Street, District 1, Bucharest. The development consists of a 55,000 sq m, residential building, comprising 275 apartments and…
Central
Full coordination of the construction works for the development of 5 buildings, each disposed of as follows: 2B+GF+10F, 2B+GF+5F+6FR, 2B+GF+4F, 2B+GF+5F+6FR, 2B+GF+5F+6FR, with a total…
Accenture at West Gate Park
The full coordination of the construction works for Accenture headquarters at West Gate Park in Bucharest.
H Tudor Arghezi
H Tudor Arghezi 21 has an exceptional position, at km. 0 of Bucharest, near the University Square, with excellent visibility. The project consists of outstanding…
Covaci 19
The coordination of the construction works for facade restoration of the Covaci 19 historical building, disposed on U+GF+1F+E.
Iride Park Office Building
Fit-Out Works for third floor of Iride Park Office Building, located on 6 Dimitri Pompei, Bucharest
Novo Park Office Building
Fit-Out Works for third floor of Novo Park Office Building, located on 6 Dimitri Pompei, Bucharest.
Excelsior Office Building
The project relate to coordination of the Office Space in the total area approx. 700 sq m located on third floor of Excelsior Building.
Olympia Tower
Olympia Tower is located in the central fast-expanding financial area of Bucharest, on Decebal Boulevard. Olympia Tower design specifications are in accordance with the BCO…
Hermes Business Park I
The Hermes Business Center is an A Class office complex, which is being implemented in three phases. BREEAM Ecological Standard is being delivered through design…
City Point
City Point is located at 52-70 Avionului Street, District 1, Bucharest, on land with an approximate surface of 124.600 sq m of which construction occupies…
Photovoltaic Park
The construction of a 750.000 mp photovoltaic park with 2.5MWp capacity, in Tulcea County.
Photovoltaic Park
The construction of a 750.000 mp photovoltaic park with 2.5MWp capacity, in Brasov County.
Mark Twain IS Flagship Campus
The construction of Mark Twain IS Flagship Campus, in Pipera, Voluntari. Vitalis Consulting coordinated the pre-construction phase of the project.
Netrom
The coordination of the construction works for Netrom office building, disposed on U+GF+2F, with a total area of around 4.000 sq. m, located in Craiova.
Cardinal Tower
The full coordination of the construction works for Cardinal Tower office building disposed on GF+7F, with a total area of 4.350 sq. m.
Ibis Stirbei Voda
The coordination of the construction works for the development of an Ibis hotel comprising 150 rooms, conference rooms, a shop, restaurant, disposed on 2U+GF+5F.
Granvia Aviatiei
The coordination of the construction works of 3 residential buildings, disposed on D+GF+6F, comprising 293 apartments in Bucharest.
Granvia Marina
The construction of 1 residential building disposed on D+GF+11F (duplex), located in Constanta County.
Satina Garden
Full coordination of the construction works for 6 residential buildings disposed on 2U+GF+6F, comprising 191 modern apartments.
Iron Mountain Romania
The full coordination of the construction works for Phases I, II, and III of Iron Mountain Romania complex.
Cerner Romania
Fit-out works coordination for Cerner Romania headquarters of around 3.100 sq. m, located in the Coresi Business Park office building.
LeasePlan
Fit-out works coordination for LeasePlan headquarters of around 3.000 sq. m, located in the Timpuri Noi Square office building.
Analog Devices
Fit-out works coordination for Analog Devices headquarters located in the Riviera C1 Office Building in Cluj-Napoca, with a total area of around 1.000 sq. m.
European Commission Representation in Romania
Fit-out works coordination in the Uti Business Center office building for a total area of around 2.500 sq. m.
SDL Romania
The coordination of the fit-out works for SDL Romania headquarters of 3.300 sq. m, located in Scala Center Cluj office building, in Cluj-Napoca.
Tradeshift
The coordination of the fit-out works for Tradeshift headquarters of 4.000 sq. m, located in Tower Center International office building, in Bucharest.
Playtika
The coordination of the fit-out works for Playtika headquarters of 7.200 sq. m, located in Timpuri Noi Square office building, in Bucharest.
Vodafone
The coordination of fit-out works for UPC-Vodafone rebranding for 112 stores and 19 offices, located all over the country.
Mindgeek
The coordination of the fit-out works for the Mindgeek headquarters of 2.500 sq. m, located in The Light office building, in Bucharest.
Novo Nordisk Farma
Fit-out works for Novo Nordisk Farma headquarters of 600 sq. m, located in Tiriac Tower office building, in Bucharest.
Prisum Healthcare
Fit-out works for Prisum Healthcare headquarters of 500 sq. m, located in the Globalworth Square office building, in Bucharest.
ProCredit Bank Colentina Street, Bucharest
Cost evaluation for an existing building in Colentina, Bucharest.
The Level 2
The construction of 1 residential building, disposed on B+GF+6F+(7-8Th)R, comprising 130 apartments and commercial spaces/offices on the ground floor.
Greenfield Phases 5&6
The construction of twenty-six 5-Storey residential buildings, comprising 520 apartments, and five other 11-Storey residential buildings.
Auto parts factory
The construction of a modern auto components production factory, with a total area of around 8.700 sq. m, comprising a production hall and warehouse, offices,…
Oncological Diagnostic Center
The construction of an Oncological Diagnostic Center in Mures County.
Microsoft
Fit-out works for Microsoft headquarters of 23.000 sq. m, located in Campus 6.2 and 6.3 office buildings.
Unilever
Fit-out works for Unilever headquarters of 1.000 sq. m, located in Afi Lakeview office building.
ADP
Fit-out of the 6.000 sq. m headquarters of ADP company, located in 4B Gara Herastrau office building
Michelin
Fit-out services for Michelin headquarters of 5.400 sq. m, located in Global City Business Park office building
Archive of the Bucharest Chamber of Notaries
The project consists of the development of approx. 3,000 sq. m mixed-use building, located in Cernica town, Ilfov County. The Bucharest Chamber of Notaries Public…
Cozieni Mansion
The project consists in transforming the 110 years old building into a complex ensemble with all the necessary functions for a modern hotel. The new…
Pharma Packaging Facility
The construction of a new pharma packaging facility, ideally located in Turda, Cluj County, on a total area of 10,000 sq. m comprising three 1-floor…
Marsh
The new expansion and renovation of Marsh offices is a result of the company’s desire to provide the best workplace environment for its employees and…
NN Lease
Fit-out Project for NN Lease offices of 4100 sq. m total area, in Opera Center 1 office building
Business Park – Phase I
Business Park is located on Jandarmeriei Street, Bucharest. Business Park Phase I – 10,000 sq m and 8.000 sq m underground parking including complete infrastructure…
Globalworth – Timisoara Airport Park – 2 – B2
The development of 17.500 sqm industrial space in Timisoara.
Cernatescu Carlogani House
The refurbishment and reconfiguration of a historical monument of U+GF, located in Craiova
Green Court Building
Green Court Bucharest is located in the Floreasca – Barbu Vacarescu area, the most dynamic part of the city. Total office area: 19,500 sq. m
Moldova Center
The 6-Storey building was restored and adapted to be used for offices and commercial spaces. The 17,000 sq. m project consisted of the interior refurbishment…
H Pipera Lake
H Pipera Lake is the largest residential complex, with a special concept of a gated community and 24/7 concierge, located near schools and commercial spaces,…
Vernis Sunrise Villas
Comprising 24 linked individual villas with a ground floor and 1 floor each, with separate partitions for adequate sound insulation, Vernis Sunrise Villas is the…