The significant increase in turnover came in the context in which construction works on Bucharest-based office space project Orhideea Towers accelerated in 2017. Austria’s CA Immo is the developer of the project and Porr Construct is the constructor.
It is among the fewest building companies to see an increase in turnover in 2017, considering that most construction firms saw a decline in turnover.
The company, however, switched from profit in 2016 to RON34 million loss in 2017. The average number of employees rose to 280, nearly 50 more than a year before.
Porr Construct’s projects include, among others, Orhideea Towers, office compound Bucharest Business Garden, developed by Vastint, as well as several infrastructure projects such as the fourth section of the Sebes – Turda highway and the refurbishment of the Targu-Mures airport runway, alongside Geiger Transilvania.