The company posted RON513.8 million (EUR108 million) revenue, almost RON40 million profit and had 296 employees in 2018, according to the information it supplied for ZF’s `Cei mai mari jucatori din economie’ (Key players in the economy) yearbook.
Porr Construct stepped into the black after having posted RON34.2 million losses in 2017.
“The positive result and the increase in revenue in 2018 are the result of an organic growth strategy,” Porr Construct officials say.
Last year, Porr Construct started work on the Vox Vertical Village residential project in Timisoara developed by Werk Property Group, a company of businessman Virgil Tornoreanu and Turkish investor Ruhat Kemaloglu.
Porr Construct this year won a RON9 million contract to design and conduct the upgrade and expansion work of the Bulevardul Sudului in Timisoara.(EUR1=RON4.7601)
(English version by Loredana Fratila-Cristescu)