A new major seismic retrofitting project in Bucharest: the "Bulandra" Theatre building at 1 Schitu Măgureanu Street to be reinforced and modernized

News from Companies 05 August 2026 Concelex, a leading Romanian construction company, will design and carry out the reinforcement, rehabilitation and modernization works for the building at 1 Schitu Măgureanu Street, which houses the "Lucia Sturdza Bulandra" Municipal Theatre and premises belonging to the University of Bucharest. Listed under seismic risk class I (RsI), the building is managed by the Municipal Administration for the Consolidation of Buildings at Seismic Risk (AMCCRS) and is located in a protected area. The project aims to achieve seismic reinforcement as well as improved energy efficiency, with a contract value of 98.6 million lei. Up to 90% of the funding comes from the National Program for the Consolidation of Buildings at High Seismic Risk, financed by the Ministry of D