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Building materials market resembles marathon race, distributor says

Autor: Adriana Rosoga

20.09.2010, 00:03 16

Safero Construct construction materials distributor expects5m-euro turnover this year, close to the one registered in 2009,which was "the most difficult year for the company", as turnoverdeclined by 60% year-on-year, to 25.2m RON (6m euros), and thenumber of employees dropped by half in the wake ofrestructuring.


In 2008, the company derived turnover worth 63.4m RON (17.2meuros), up 52% from the previous year.
"After business overhaul, we consider 2009 was the toughest year.In 2010, we target turnover at least matching the 2009 one, wortharound 5m euros, against a profit of about 100,000 euros," saysToni Butaru, the company's CEO.
The falling building materials demand, the rising competition inthe field and the reversal of the demand-supply ratio in favour ofthose who buy have been the main hurdles the company has coped within the past two years.
"Construction materials market is like a marathon race, no oneknows who will cross the finish line."
Toni Butaru says the company plans to access EU funds to developlogistics, reusable material storage, manipulation and recyclingservices.

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