Its profit grew from RON1 million in 2019 to RON24 million in 2020.
The company’s employee numbers topped the 1,000-mark after the builder hired around 150 new staff last year.
The Romanian construction sector was among the least affected by the pandemic as it is mainly funded by the government and the European Union.
Strabag estimates it holds a market share of 4% of the local road building segment.
Strabag’s projects include Sky Tower, the tallest office building in Bucharest and several infrastructure projects such as the Deva-Orastie highway and the rehabilitation of the DN6 (national road 6) Craiova – Drobeta-Turnu Severin.
Strabag is currently building the Orthodox Cathedral in Bucharest and the Mogosoaia overpass on the DN1A (National Road 1A). The company also built Daimler’s new factory in Sebes.
Strabag has been operating in Romania since 1991 and covers all construction segments, with a focus on infrastructure.
Strabag also owns the five-star JW Marriott Hotel in Bucharest, which the company built.