Builder of Cluj stadium: Many foreign companies have started to expand plants

Ziarul Financiar 21.02.2011

Mircea Bulboacă, one of the biggest entrepreneurs in Sibiu, owner of CON-A construction company, which employs 600, says starting in the second half of 2010 a lot of foreign companies with facilities in Romania decided to expand production or office areas.


Based on these contracts, the business of CON-A went up by over 30%, to 44 million euros.
"Considering that our portfolio includes over 24 plants built over the course of our 20 years in business, we have received requests from former clients to expand these constructions. We have also won new contracts to build hypermarkets," Mircea Bulboacă, owner of CON-A group, told ZF Transilvania. For this year, the company has budgeted a turnover increase to at least 45 million euros. According to the website of the Finance Ministry, the Sibiu firm ended 2009 with an over 123.3 million-lei (around 30 million-euro) turnover.
CON-A is also involved, alongside ACI Cluj, Transilvania Construcţii, Dico şi Ţigănaş and Bogart Construct, in building the "Ion Moina" stadium in Cluj, an investment set to amount to 45 million euros.