Romania: IBB Holding inaugurated a new €1.5m ready-mix concrete batching plant in Mogoșoaia, Bucharest. Money News has reported that the plant is the company’s fourth.
CEO Ion Crăciunescu said "Through this new concrete plant located in the north of Bucharest, we are in a favourable position to participate in tenders for infrastructure projects in this area and establish strategic partnerships with real estate developers. Moreover, we can ensure the quality of the materials used, faster and more efficient services. Our strategy is to offer services integrated with production, with responsibility towards the environment and towards future generations, adapted to each type of project in which we are involved: infrastructure, residential, commercial or industrial construction. The real need that Romania has both in terms of investments in infrastructure and in the housing fund, as well as the projects already started, leads us to look optimistically at the development of our businesses in the medium and long term."
