“Given the international situation, we believe the construction market will be significantly harmed by yearend, and particularly next year. We expect the segment we operate on to be less hurt, though, and we will be able to hit our sales target for 2022,” says Florin Madar, Temad owner.
The company has a RON2.5 million investment budget for the entire 2022.
“We have investment projects related to the IT structure, the retooling of some regional warehouses and car fleet renewal”.
Temad ended 2021 with RON221 million, 8% higher than in 2020. Profit shrank by 36%, to RON2.3 million and the average number of employees inched up to 247.
(English version by Catalina Apostoiu)