The project will be finalized in 2025.
The company ended 2023 with 2% higher turnover than in 2022, of EUR48.5 million. Profit declined, though. Temad in early 2024 had 256 employees, eight more than at the end of 2022.
Octavian Madar, business development manager at Temad, expects the construction market to stagnate in 2024 because of the rising borrowing costs, inflation and supply chain turmoil.
(English version by Catalina Apostoiu)