Simcor anticipates 75m-euro sales

The Oradea-based group Simcor, which operates on the market of construction materials, estimates an over 75 million-euro turnover for 2007 predicting a 25% increase on 2006. Last year, the Oradea-based group posted an over 60 million-euro turnover. Initial estimates of Simcor Grup representatives for 2006 included a sales target of 52 million-euros. “The factors behind this positive trend of financial indicators are the expansion of the company’s operations by a further two companies, which distribute ceramic tiles, as well as the full use of the existing production capacities. In Romania, the construction industry is one of the economic sectors with the fastest growth rate. For 2007, we estimate an increase in the constructions market by 25% on 2006, and by 45% against 2005,” Dumitru Manucu, general manager of Simcor Management in Oradea, the group’s management company, told ZF Transilvania.