Profit dropped, as well, to less than RON1 million, while the number of employees remained the same, about 350.
Conest owners are, according to Confidas platform, Viorel Cozma (87%), and a number of legal entities.
Conest started out as part of a larger company in communist Romania in 1963 and was privatized in 1991. It does various types of construction work, including industrial and road projects.
Its projects in Romania include the Octav Bancila overpass in Iasi, construction of an exhibition center, seismic retrofit of “Mihai Eminescu” University Library I Iasi and others.
(English version by Loredana Fratila-Cristescu)