“Overall, the construction market was mainly focused on the real estate, shopping centers and office sector in the first six months and less on the infrastructure. The year started very good, promising, featuring a significant growth in the first six months, followed by a slight slowdown in August to September (holiday period). We forecast the market continues the growth pace by yearend, with the projects under development being completed and bringing added value,“ said Stefanescu.
According to Ministry of Finance data, Sika Romania posted a turnover of nearly RON94 million (EUR21 million) in 2014, up 14% from 2013.
The company currently employs over 60 people and owns two production units, in Brasov and Cluj county.
Sika’s main competitors on the local EUR3 billion constructions market are Henkel, Mapei or BASF.
Sika Romania is the local subsidiary of Swiss group Sika, which produces chemicals for the construction and manufacturing industries.
(English version by Manuela Panescu)