“Despite the restrictions and limitations caused by the pandemic, but in agreement with the project portfolio we got in 2019, the activity results show an increase of 60% in revenue in the first seven months on the year-ago period (RON295 million compared with RON180 million), in line with the national trend in the construction sector,” says Dorel Peciu-Florianu, general manager of Hidroconstructia.
The biggest challenge amid the pandemic was for Hidroconstructia to keep going, along with ensuring human resources and supplies for all projects, including those abroad.
“The high number of active contacts required a planning effort and a greater responsibility to the more than 2,000 employees and of course, to the beneficiaries.”
Hidroconstructia posted growth of 30% in revenue to RON407 million in 2019 but slipped back into the red with almost RON60 million loss, Finance Ministry data show.
(English version by Loredana Fratila-Cristescu)