Energomontaj headed towards 100m euros

The Bucharest-based company estimates an 8% growth in turnover to some 95 million euros for this year. The growth in turnover is due to the significant number of works that the company will conduct on the hydroelectric and thermoelectric segments, according to company officials. “One of the most important projects we are currently involved in is the project to rehabilitate the lock at Portile de Fier I, a project amounting to some 50 million euros, which will be conducted by a consortium made up of Romenergo, Energomontaj and Hidroconstructia,” Florin Kessler, chairman and general manager of Energomontaj, one of the leading suppliers of services and equipment in the energy sector, told ZF. Energomontaj has contracts worth some 100 million euros underway with Hidroelectrica, involving the building of new hydroelectric power stations, with contracts worth 52 million euros having already been signed this year. ZF