The evolution of the construction sector and of the economy depends on the measure taken to solve the European crisis, restore investors’ trust and continue building thermal rehabilitation and infrastructure projects, as well as on the budget allotted for investments, Rapotan told Mediafax.
Arabesque registered sales of EUR470 million in 2011, 15% more than in 2010. About 10% to 15% of its overall turnover came from sales abroad.
Arabesque operates in Romania, the Republic of Moldova, Serbia, Bulgaria and Ukraine. Eighteen of its 38 commercial centers are in Romania.
The group is interested in expanding its network through new acquisitions, but such projects have not been included in the budget for this year, Rapotan said.
Rapotan also controls firm Brico Expert, which operates the local stores of French retailer Mr. Bricolage.