The company thus climbed directly onto the fourth position among the biggest builders in Romania.

“(…) Public investments, particularly those backed by EU funds, continue to represent the main growth driver,” said Cristian Erbasu, the company’s founder.

He also underlined investors are now more wary on borrowing costs and economic uncertainty. Overall, he estimates the construction field will remain one of the pillars of the Romanian economy and will have a positive evolution, supported by major projects underway.

(English version by Catalina Apostoiu)