The biggest distributor of construction materials in Romania,Arabesque in Galati, controlled by businessman Cezar Rapotan,recorded a similar turnover in the first half of this year to thatrecorded in the first half of last year, despite an around 20%contraction of the construction market in the same period. Thecompany did not specify the value of its sales.
Rapotan believes the rebound of construction materialsconsumption depends on an adequate Government economic policy,based on minimal budget expenditures and on allocating significantamount to investments, a stable exchange rate, and on creatingattractive conditions for private investments.
Arabesque posted a 1.6 billion-RON (378 million-euro) overallturnover last year, down 20% on the previous year, with the figureincluding sales recorded on foreign markets - Bulgaria, Serbia, theRepublic of Moldova, and Ukraine.
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