In 2013, Austrian-held Strabag retained its leading position in Romania by revenue. Through the most important legal entity it controls domestically, Strabag SRL, the company posted revenue of around EUR233 million, according to Trade Registry data. Revenue was around a quarter smaller than in 2012, but profit amounted to almost EUR22 million, up from EUR1 million in the previous year.
Austrian group Strabag is present in Romania’s construction field through several companies. While it carries out a series of private projects, the largest part of works Strabag operates in Romania is related to infrastructure.
The second position in the biggest builders’ ranking is held by Italy’s Astaldi, for which ZF estimated revenue of around EUR190 million last year for the main company through which this is present in Romania, Astaldi-Sucursala Romania Bucuresti. The company’s revenue rose from around EUR141 million in 2012.
Major Romanian-held builders saw significant revenue and profit declines last year. For instance, Straco Grup, controlled by Alexandru and Traian Horpos brothers, ended 2013 with revenue of EUR140 million, down 29% from 2012, while its net profit fell by a third, to EUR0.2 million.
Hidroconstructia, controlled by its management and employees, generated revenue of around EUR135.7 million in 2013, down 3% from 2012, while its net profit reached EUR1.9 million, 54% lower than in 2012. Spedition UMB, controlled by Dorinel Umbrarescu, posted revenue of EUR106.2 million, down 24%, with net profit hitting EUR20 million, 6% lower than in 2012.
Delta ACM 93, controlled by Florea Diaconu, was among the few Romanian builders that managed to increase their revenue last year. The company’s revenue rose by 9% to EUR123 million. The advance is accounted for by the works the company carries out abroad.
(English version by Catalina Apostoiu)