Profit went up from RON500,000 in 2019 to more than RON31.1 million last year, but the number of employees remained below 50, according to the same source.
The growth came after the owners of the builder, the Umbrarescu family in Bacau, won the biggest public procurement contracts of Romania’s national company in charge of road infrastructure CNAIR in 2020. They won the contracts via two companies, Spedition UMB and Sa & Pe Constructii. The contracts are worth more than RON1.66 billion, ZF has found.
The biggest is the contract to design and build the Brasov-Targu-Mures – Cluj – Oradea highway, where Spedition UMB will handle several sections.
(English version by Loredana Fratila-Cristescu)