“We will continue the project started in 2019 to address the labor shortage in the construction sector by hiring people from Asia, considering the contracts we have and the completion deadlines. The number of foreign workers of Hidroelectrica stands at more than 340 today and we expect it to increase to about 450 in 2021, as we set out to before the pandemic,” said Daniel Peciu-Florianu, general manager of Hidroconstructia.
The company also plans to make investments in work equipment, machinery and human resources.
Hidroconstructia is working on more than 80 projects worth EUR253 million and posted growth of 60% in revenue in the first seven months of 2020 compared with the corresponding period of las year.
Its revenue increased by almost 30% to 407 million lei in 2019, but Hidroconstructia returned to losses, almost RON60 million, according to Finance Ministry data.
(English version by Loredana Fratila-Cristescu)