“We plan to make massive investments in Romania over the next year,” said Alexander Exarchou, chief executive officer of Intrakat Group, during a press conference in Athens.
Romania is the most interesting market in Europe for construction companies and, if PPC has projects in Romania, Intrakat will be there. The target is to double the value of the projects in this country to EUR3 billion by 2025-2026 and the group will make investments to get there. From 2025 on, Intrakat will also be very interested to invest in energy projects, the official added.
Greek builder Aktor was acquired by the Intrakat Group at the end of last year. Aktor specializes in infrastructure projects and is one of the largest players in the local market. It has been operating in Romania for more than twenty years, during which time it has built several major infrastructure projects.
(English version by Loredana Fratila-Cristescu)