“The year 2019 will probably end very well for most actors on the construction market, this year has been really hectic. I hope this is not a preamble to a future crisis,” says Emil Gota, chief executive officer of Elis Pavaje.
Elis Pavaje posted growth of more than 20% in sales compared with the year-ago period.
“The year started very well, with good weather, which allowed for a significant increase in our sales. Other than the weather, the market helped, as well, which is still growing so it probably needs a few years to reach maturity. It was an even busier year than the previous ones, with a lot of pressure from customers.”
Elis Pavaje made EUR3.5 million investments in buying and upgrading three plants. About EUR1 million went towards buying the paver plant in Vintu de Jos (Alba) from Austria’s Fruhwald.
(English version by Loredana Fratila-Cristescu)