The company will not unleash larger investment programs because of the high geopolitical instability in the region, according to its representatives.
“The main concerns we have about 2022 are related to political tensions and instability, the rising long-term funding costs, inflation, forex unpredictability and RON depreciation,” says Marius Marta, Drum Asfalt CEO.
The company ended 2021 with RON171 million turnover, down 25% on the year, but in 2022 it expects the business to even surpass the 2020 level and hit RON276 million.
With a profit of almost RON6 million in 2021 and 125 employees, Drum Asfalt plans to recruit another 25 people in 2022.
Drum Asfalt has 95 public procurement contracts sealed, totally worth RON503.5 million.
(English version by Catalina Apostoiu)