ArcelorMittal Construction expects 30% growth, despite market decline

ArcelorMittal Construction (AMC) Romania, the construction materials division of the ArcelorMittal group, has budgeted a 30% growth in turnover for next year, to around 40 million euros, despite the decline in investments in the residential sector. The company will complete a 15 million-euro investment programme in production facilities this year, which will allow it to tap into its market segments more easily – residential, industrial and construction solutions. “For next year, our calculations point to a 30% turnover growth, because this year, we have started operating several production facilities. Next year, they will be working at full capacity, and we are hoping they will help us increase our market share on all segments where we are operating, despite the decline in the volume of the market,” said Marian Pirvu, general manager of AMC Romania.