The RON92.1 million profit was 27% higher, but the company did not overshoot the 2020 record, RON111 million. It had 770 employees last year, the latest data on the Finance Ministry website show.
The officials of the company did not return ZF’s call for comment on performance of the business in 2022 and the plans for 2023.
Arcada Company worked on the railway connecting Gara de Nord of Bucharest and the Otopeni Airport, among others.
(English version by Loredana Fratila-Cristescu)