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Dutch-owned firm stays in the black

THE SLOVAK construction market has been difficult. But Bratislava-based Dopravoprojekt, whose history dates back to 1949 and is now a member of Sudop Group, owned by Dutch Sudop International, managed to remain profitable.

THE SLOVAK construction market has been difficult. But Bratislava-based Dopravoprojekt, whose history dates back to 1949 and is now a member of Sudop Group, owned by Dutch Sudop International, managed to remain profitable.

The firm provides multi-disciplinary engineering services and project work and reported that its pre-tax profit shrank to €713,000 in 2011, down from €2.85 million in 2010. The company’s total revenues fell from €23.11 million in 2010 to €13.82 million in 2011, the SITA newswire reported in late May.

Dopravoprojekt CEO Gabriel Koczkáš said the main reasons were “the persisting decline in the sector, the small number of public tenders and the constantly rising competition, as well as expansion of foreign companies into the Slovak market”.

The firm expects a revival in the Slovak construction market this year.

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