Marian Ciupitu, owner of Terano Construct: ‘For 2023, we aim to strengthen the business; it has already been a more difficult year, as we have seen so far, but we will take one challenge at a time, so that the drop forecasted for the entire market does not affect us very much.
The price fluctuations in the field of construction materials, the crediting process for the residential sector, the prospect of a crisis and the war along our border are the most problematic aspects for the construction industry’, says Marian Ciupitu, an entrepreneur who owns the company Terano Construct in Bucharest, with business worth RON 25.2 million last year.
‘The year 2023 seems to be more difficult than 2022, but I cannot estimate whether it will recover in the second half or whether we will see drops.’
The lack of workforce, the lack of vocational schools that bring skilled youth to the labor market, the low digitalization rate, and the unpredictable legislation are further constant challenges keeping the construction industry ‘in overdrive’, added Marian Ciupitu.
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