Romanian Adrem Invest 2011 Sales Up 60% To RON120M

“Sales grew by 60% to 70% over the past few years as the crisis really proved to be the best period in the company’s history. It really handed us some good opportunities,” said Corneliu Bodea, vice-president of Adrem Invest.

The company has put back by two months to April the start of a EUR60 million cogeneration plant in Suceava county, due to technical delays.

“We are about to sign the financing contract. The works were supposed to start in February, but they will begin in April,” Adrem Invest president Adrian Bodea said.