“We did well especially on the retail and residential segment, which witnessed significant growth in Romania and pulled the entire construction market up. Unfortunately, there are no longer many infrastructure projects, but we were active supplying waterproofing systems and products for use in concrete for the tunnels completed on the Corridor IV and Sighisoara-Atel sectors last year,” says Ileana Nicolae, regional manager Central & Eastern Europe with Sika group.
“The Romanian market is comparable to Czech Republic and Serbia’s, they have visibly similar revenue and have their own production facilities. The growth estimated for 2017 (for Romania i.e.) is 5%. The outlook is good and I am optimistic about the results of the subsidiary in Romania.”
Sika has two production facilities, one that makes concrete adhesives in Brasov and one of that makes mortars and adhesives for use in construction work in Capusu Mare, Cluj County.
“We are investing in a new production facility in Bucharest, construction has already started and the facility will become operational next year. (…) We also plan to build a major logistics center and office space and a new development center with training areas for employees and partners.”
(English version by Loredana Fratila-Cristescu)