After bringing Prefab on the Stock Exchange, Miluț wants to take it to foreign markets

Prefab București (PREH), Romania’s biggest ACC producer owned by businessman Marian Miluț, plans to enter the Ukrainian and Serbian markets this year, where it says there are projects it can participate in. “We want to become a major player on markets in these areas and we’re considering both the European market and the market neighbouring the EU. We’re in talks with major producers of that region and with central and local administrations’ representatives. With got projects. For the time being, there is no question of our producing in Ukraine and Serbia, we’ll test the market with our products both in the energy and water sewage areas,” Miluț stated. He specified equipment and product transfer to Serbia could be operated on the Danube as well, while transport to Ukraine would be secured through partners. Prefab has been operating on another two foreign markets, Bulgaria and the Republic of Moldova, for five years, and is now trying to expand to offset the low domestic demand. The company’s stock was yesterday promoted to the first tier of the Bucharest Stock Exchange. “Prefab listing on the first BSE tier is a great success, but also a great obligation to shareholders to offer them the possibility of making profit. I believe the company is now visible to investment funds outside Romania,” Miluț said.