The net profit rose 2% on the year to EUR11.9 million, which is its highest in three years, according to Finance Ministry data.

Hidroconstructia is known especially for the water engineering works in Romania, but it has also built roads.

The company has won contracts worth tens of millions of euros in the last few years for road rehabilitation work such as the contract for a road linking two counties in north-western Romania (Cluj and Salaj), worth EUR16.6 million. Another important contract entailed rehabilitation of water supply networks in Sibiu (central Romania), which was worth EUR11 million.

Hidroconstructia revenue was fuelled last year by the water engineering and infrastructure contracts won.

(English version by Loredana Fratila-Cristescu)