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
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.
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