“Price declines in the energy field will help boost consumption. Also, we are witnessing a return of portfolio investors as, amid reviving consumer confidence, land and workforce prices are highly appealing for investors. Additionally, the state will return as an investor in the economy, through infrastructure,” states Porfir.
In this context, Megaprofil has budgeted revenue worth EUR31 million for this year, up from EUR28.4 million reached in 2014.
The company, which owns a plant in Buzias, Timis county, in 2014 sent 43% of output to countries in the region.
After 2014, when the local construction industry slid by 10-15% amid the plunging public investments, 2015 is likely to breathe new life in the field.
Porfir also says ECB’s move to buy bonds from the market to spur the economy will also help the construction industry revive.
“If the state also resumes investments, growth in our industry will be spectacular.
Megaprofil, with 118 employees, manufactures and sells thermal insulated panels and metallic profiles and tiles.
(English version by Catalina Apostoiu)