Germany To Boost Its Presence On Bulgarian Construction Market

German construction firms should focus on the Romanian and Bulgarian building markets, said Helmut Echterhoff, vice-president of the German Construction Industry HDB (Hauptverbandes der Deutschen Bauindustrie) at the 13th International trade fair for building and construction Bautec 2008, held in Berlin.

The two new EU members offer good perspectives for 20 to 30 per cent annual growth, particularly creating  excellent entrepreneurial opportunities for medium-sized construction companies, said Echterhoff at the second CEEC (Central and East European countries) enterprise conference, which was held during Bautec 2008 under the aegis of the German Minister of Economics and Technologies Michael Gloss and was organised by the economics and technologies ministry and the Central Union of the German Construction Industry.

The conference aimed at fostering co-operation between medium-size German companies and industry representatives from Central and Eastern Europe (primarily in road construction, civil and structural engineering).

Helmut Echterhoff said that German firms should investigate the business environment in both countries and create successful partnerships with local companies.

Helmut Echterhoff said that German firms should investigate the business environment in both countries and create successful partnerships with local companies.