Vitalis Consulting concludes 2016 with a 25% turnover increase, compared to the previous year

Vitalis Consulting, leading Romanian company specializing in project and cost management for the construction industry, estimates a turnover of Euro 2.5 million for 2016, registering a 25% y-o-y growth. In 2016, 10 years from its launch, the company worked on more than 50 projects in Romania and UK, with a total surface of over one million square meters and anoverall value exceeding € 650 million.

Over 200,000 sq m of commercial properties – offices and retail – under management

In 2016 Vitalis Consulting has been involved in the construction of offices and shopping centersprojectstotalling over 200,000 square meters, among which Globalworth Tower (58,262 sq m), The Landmark (26,500 sq m), The Bridge – Phase 1 (approximately 50,000 sq. m), 4B Gara Herastrau (approx. 16,200 sq m). Vitalis provided project management services for the restoration and reconstruction of Mercur Shopping Center in Craiova, completed in June 2016, and for Bistrita Retail Park, whose construction is under way.

Four hotels totalling 1,300 rooms, in Romania and the UK

This year, Vitalis completed the works on three hotels in London, UK, for its client, Red Sea Group, totalling over 1,100 rooms: Riverbank Park Plaza Hotel (394 rooms) and Hercules House Park Plaza Hotel (494 rooms) delivered in April 2016 and Club A40 (220 rooms), delivered in July 2016.

Locally, the company is involved in the construction of Hilton Garden Inn in Bucharest (201 rooms), for which Vitalis provides project and cost management and site inspector services.

In 2014-2015, Vitalis Consulting has been involved in the delivery of the other two 4-star hotels affiliated to international chains: first Mercure hotel opened in Bucharest, part of AccorHotels network, and Ramada Plaza in Craiova.

Residential: more than 1,000 apartments and villas in Bucharest and Ilfov

On the residential segment, Vitalis Consulting provides project management and project monitoring for more than 1,000 units under construction. The projects coordinated include the construction of 17 residential buildings in Greenfield Residence, 4 buildings of 11 floors with 374 apartments in the Citta Residential Park, developed by Nusco Grup, 34 villas totalling approximately 6,000 sqm in Pipera Residential Compound, 3 blocks 15,000 sq m within Cosmopolis district, developed by Opus Land Development.

Restoration of Bran castle and other heritage buildings

Vitalis Consulting has been appointed by “Compania de Administrare a Domeniului Bran”to coordinate the facade restoration of Bran Castle and annex building–Queen Mary Tea House –which became a cafeteria this year. Bran Castle facade works are in progress, while the Tea House wascompleted in August 2016. The company provides project management and site inspector services for the two historic monuments.

Vitalis was also responsible for the reconstruction and restoration of a monument building in central Bucharest – a 6-storey historical building situated on Campineanu St., near the University Square. The property of 5,000 square meters was transformed into a mixed-use development, hosting commercial spaces and offices and completed in March 2016. Vitalis offered its beneficiary – Elmec Romania – project and cost management, occupational health and safety and site inspector services.

Partner for sustainable projects

Vitalis Consulting was involved in the construction Globalworth Tower, the second tallest building in the country, with an area of 58.262 sq m. Globalworth Tower received the LEED Platinum certification, thus becoming the first building in Romania and the wider SEE region to receive the highest accreditation available for green buildings.

Vitalis oversaw the restoration of Moldova Center. Following the modernization, the property has been awarded a BREEAM Very Good certification. Vitalis Consulting is in the process of obtaining the LEED certification for Wilo Romania, a mixed-use development under construction, for which the company also provides project and cost managementservices.

Vitalis Consulting is a Certified Energy Auditor. Over the course of its activity, the company obtained Energy Performance Certificates for more than 50 real estate developments with an area of 1,500,000 square meters: office buildings and shopping centers, apartment compounds and villas, industrial projects, schools etc. 70% of the certified properties belong toClass A – high energy efficiency – the difference fall into Class B.

Vitalis Consulting Team and Management

Vitalis Consulting counts over 80 professionals specializing in civil engineering, health and safety (OHS), site inspector etc. TheVitalis team includes specialists accredited in project management, energy auditors and LEED specialists. Two senior members of the team Vitalis are members of the Royal Institution of Chartered Surveyors (MRICS) – an international professional body that accredits professionals in real estate, land, construction and infrastructure.

Vitalis Consulting leadership is ensured by Florin Popa (37 years), Founder and Managing Partner with 13 years experience in construction and real estate, alongside Costi Anghel, MRICS, Associate Director & Partner, one of the most experienced consultants in the constructionsfield in Romania.

Certifications and Prizes

The activity of Vitalis Consulting is certified according to ISO 9001 ” Quality Certificate Project Management”. In 2014 the company also obtained certifications ISO 14001: 2004 “Environmental Management System ” and OHSAS 18001: 2007 “Occupational Health and Safety Management System”.

Vitalis Consulting is a founding member of the Romanian Green Building Council since 2008 and a member of the Romanian Photovoltaic Industry Association.

The performance ofVitalis Consulting was recognized and celebrated by local and CEE industry through 8 nominations for the title of “Project Management Company of the Year” at the CIJ Awards Gala, organized by the Construction and Investment Journal. Vitalis won the “Project Management Company of the Year”at the CIJ Awards Gala for 4 years consecutively in 2011, 2012, 2013 and 2014.