“We believe the upward trend cannot be maintained in the lack of direct investments in the economy from the part of the state or of schemes meant to spur private investments. The improved version of the First Home scheme could have positive effects over the economy in general and the construction field in particular,” says Titeiu.
Arcon group, which produces waterproofing and thermal insulation systems, as well as PVC and aluminum joinery, includes companies such as Arcon, Corina Gealan and Amvic. The group in 2014 posted total revenue worth EUR35.5 million and gross profit of almost EUR1.3 million, according to company data. Arcon also operated exports worth EUR4 million.
The group currently owns plants in Sfantu Gheorghe and Bucharest. One of the segments Arcon operates on and that posted a slight increase last year, of around 10%, was that of thermal insulation systems.
While in 2014 the group carried out investments worth EUR0.5 million, for 2015 it budgeted EUR2 million worth of investments to relocate some production lines.
The group currently has 250 employees.
(English version by Catalina Apostoiu)