Burci foresees a doubling of IRS turnover in the next three years, close to €750 million, due to higher production, and a rise in demand for freight cars from foreign markets.
The group recently won a tender to provide 750 new cars for the Serbian railway company.
The higher turnover estimate is also based on investments the company plans to make to expand on other markets. “We plan to enter markets outside Europe. We are considering certain acquisitions outside Europe,” Burci said. However, further expansion in Europe is not ruled out.
The group recently acquired 49 percent of Serbian Friulexport railway holding, together with a strategic investor. “It is a new market, very young, with high growth potential. We will not miss any opportunity to expand in this region,” he added.
