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Construction growth lower than 31.5%, market players say

Publicat la 06.10.2008, 21:00:00

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Construction growth lower than 31.5%, market players say

“I am surprised by this growth. As far as I know, the volume of construction grew slower, due to a lack of financing and delays of several projects, the General Manager of Con-A construction company, Mircea Bulboaca, said. The company, based in the central city of Sibiu, has an annual turnover worth some €60 million.

“Our results are the same as last year. I recently met [representatives of] major construction companies who said they had growth of between 5 and 10 percent,” Bulboaca told Business Standard.

Furthermore, the industrial segment registered a much lower advance, compared to that of real estate, according to Gabriel Ene, General Manager of Stizo group.
 
 

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