Concelex eyes 70% revenue growth in 2026

Business Forum
Romanian construction company Concelex recorded revenues of RON 1.48 billion (€296 million) in 2025, representing a 17 per cent increase compared to the previous year. The company's net profit rose by 33 per cent year-on-year to RON 202 million (€40.4 million). This growth was driven by a portfolio of ongoing projects in the energy, infrastructure, healthcare, and education sectors, alongside newly secured contracts.

The total value of contracts signed by the company in 2025 reached approximately RON 7.7 billion (€1.54 billion). Key consortium projects secured include the construction of the Craiova Regional Emergency Hospital, valued at RON 1.87 billion (€374 million), and the Timişoara Regional Institute of Oncology, a contract worth RON 840 million (€168 million). The company also secured a RON 213.7 million (€42.74 million) contract for the expansion of the Dry Storage Facility at the Cernavodă Nuclear Power Plant.

Radu Piţurlea, Chairman & CEO at Concelex, said: "Despite a year marked by economic and geopolitical volatility and unfavourable conditions for the construction market, we recorded healthy growth. We are confident that, once Romania's macroeconomic imbalances are corrected, the country's economy will return to a solid trajectory."

Concelex has budgeted for 2026 revenues to exceed 2025 levels by more than 70 per cent. This target is supported by the accelerated implementation of projects ahead of the National Recovery and Resilience Plan (PNRR) completion deadlines, as well as contracts secured during the first half of the year.

Among these recent developments, Korea Hydro & Nuclear Power (KHNP) selected Concelex for a RON 253.5 million (€50.7 million) contract tied to the refurbishment of Unit 1 at the Cernavodă Nuclear Power Plant. Additionally, the company is part of the consortium designated as the winning bidder for the RON 4.38 billion extension of Bucharest Metro Line M4 along the Eroii Revoluţiei to Gara Progresul section. Other recently won tenders include the RON 109 million (€21.8 million) rehabilitation of the Bucur Obor overpass and urban regeneration works on the Crasna River promenade in Şimleu Silvaniei.

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