kathimerini.gr
Aktor Forecasts Romanian Construction Boom
Aktor Group expects its Romanian construction projects to significantly increase, potentially doubling or tripling, due to new contracts and upcoming concessions, offering a strategic alternative if the Greek market slows down.
Greek
Greece
EconomyTechnologyClimate ChangeAiNvidiaEcbGreek EconomyRailway ModernizationRomanian ConstructionAirport Privatization
AktorFraport AgΠηλέαςDelta Airport InvestmentsΕκτNvidiaApple
- What is the projected impact of increased contract awards and concession projects on Aktor Group's operations in Romania?
- Aktor Group anticipates a significant increase in its Romanian construction projects, potentially doubling or tripling its outstanding balance from €1 billion to €2-3 billion, driven by continuous new contract auctions. Further growth is expected with upcoming concessions projects, offering additional investment opportunities.
- What are the long-term implications of increased investment in Romanian infrastructure on the overall economic development of Romania and the involvement of Greek companies?
- The Romanian construction market presents a significant opportunity for Greek construction firms, particularly as the Greek market might slow. The inclusion of concession projects further enhances the potential for large-scale investments and long-term growth. This diversification could mitigate future risks associated with market fluctuations in Greece.
- How does the Romanian market opportunity mitigate potential risks for Greek construction firms, considering the projected slowdown in the Greek market by the end of the decade?
- The positive outlook for the Romanian construction market stems from the ongoing auction of new contracts and the anticipation of concession projects. This expansion provides a strategic alternative for Aktor and other Greek companies if the Greek market slows down later this decade.
Sustainable Development Goals
Industry, Innovation, and Infrastructure Positive
Direct Relevance
The article highlights significant investment in infrastructure projects in Romania, including potential expansion of construction projects and public-private partnerships, directly contributing to improved infrastructure and economic growth. The development of Kalamata Airport also falls under this SDG.