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Florea Diaconu from road construction to housing

21.04.2010, 20:01 22

Delta ACM 93 construction firm owned by businessman FloreaDiaconu, will, starting this month, begin building homes usingprecast concrete, likely to generate sales of around 6m euros inthe first year, the equivalent of 100 units, after in recent yearsthe company has been one of the main road builders. "We've beenpreparing to manufacture housing units using precast concrete forthree years, which should be simple constructions that can be putup on the site in one month and produced in three months. At first,we'll have promotional prices, we'll make no profit, because wewant to see how the market reacts," Diaconu says. The company hasalready contracted 11 units and expects to complete around 100 thisyear and 200-250 in 2011. Houses will have a ground floor and afirst floor, with a 125-sqm area and three rooms, with the initialprice standing at 59,000 euros, the equivalent of 470-euros/squaremetre. After promotional sales end, the sales price will rise by2,000-3,000 euros, to which transportation costs will be added.

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