However, the company’s profit went up by 7%, while its number of employees dropped by 13.
The 2021 turnover decline comes despite the upbeat projections the company launched last summer. At that time, it expected its turnover to rebound above RON600 million, the 2019 level.
In 2018, Bog’Art’s turnover had considerably neared the RON1 billion threshold, a record for the company.
The most representative buildings constructed by Bog’Art include, among others, City Gate, Charles de Gaulle, Tower Center, The Bridge, Timpuri Noi Square, Expo Business Park, Jiului (J8), many of the modern office buildings in Bucharest’s Aviatiei/Barbu Vacarescu/Pipera area, IKEA Pallady, Baneasa Shopping City, the U.
(English version by Catalina Apostoiu)