ArticleseJobs x Up Romania survey: 41% of employees are dissatisfied and very dissatisfied with their current job
ArticlesBCR Leasing offers microenterprises and PFA clients 100% digital access to active financing contracts, directly in the George ecosystem
ArticlesExtended update for Mercedes-Benz EQS
ArticlesThe art of communication for leaders: the essence of effective leadership
ArticlesGenAI - reluctance versus opportunity: What do Romanian company leaders expect?
InterviewsHow do we evaluate shares in 2024? Opportunities vs. risks
InterviewsEmpowering your digital journey with SoftwareOne, globally and locally. Turn vision into reality with a valuable recipe
InterviewsNoventiq: Unlocking Romania's Digital Potential
InterviewsStrauss Romania: Evolving the consumers coffee experience is crucial
InterviewsA long term partnership is better than the commercial value of a deal
NewsThe new Lexus LBX, a revolutionary compact crossover, is available in Romania
NewsSchneider Electric announces the winners of the Sustainability Impact Awards 2023 in Romania
NewsVodafone once again receives the umlaut "Best in Test" certification for the best mobile network in Romania
NewsDeloitte Romania assisted AQUILA, leader in distribution and logistics services for the consumer goods market, in the acquisition of Romtec Europa, producer of car…
NewsClifford Chance Badea advised UK-based PIB Group Europa in the acquisition marking its debut on the Romanian insurance brokerage market

Adrem Invest signs new contracts worth EUR 25 mln, on the International market

7 Feb 2013

Adrem Invest - Romanian company focused on innovation, specialized in technological engineering - continues to strengthen its position in the international market by signing contracts for engineering worth 25 million euros with companies from China, South Korea and Uzbekistan, in the first month of the year

In China, the company signed three contracts with Baoutou Iron & Steel with a total value of 13 million euros. The value of the contract signed with the Korean company Hunday Steel reaches 2.4 million euros and the most recent contract, with the steel plant Uzbek Combinat, which introduces Adrem Invest on the Uzbekistan market, reaches the value of 10 million euros.

“In 2013, exports will account for 50 percent of our business given if the turnover maintains the growth trend registered in 2012,” said Adrian Bodea, president of Adrem Invest.

The estimated turnover of Adrem Invest in 2012 rose by 37 percent to RON 171.1 million (around EUR 38 million). Most of the business was generated in Romania and exports reached RON 23.1 million (EUR 5.1 million). It had over 800 employees in 2011.