Large projects have been completed and the market now offers only small-sized investments, Johann Polzl, managing director at SEE East Strabag, told Mediafax Wednesday.
Strabag registered revenues of EUR137.6 million in Romania in the first half of 2013, down 2% on the year.
It has recently finished construction works on shopping center Promenada Mall, included in the Floreasca City project, a EUR300 million investment developed by Raiffeisen evolution. Promenada Mall will be inaugurated Thursday.
Floreasca City, which also includes two office buildings, was one of Strabag’s largest projects on the local market.
The group is present in Romania through several constructors, including Strabag SRL, Strabag AG, Drumco Timisoara and ARL Cluj.