Based on May data from the Hungarian Central Statistical Office (KSH), there are no signs of a turnaround in the construction industry yet: production volume fell by 10.7% year-on-year and by 6.5 % compared to the previous month. However, according to the local unit of Italian building materials manufacturer Mapei, the statistics do not yet […]
First-half domestic revenue of the local unit of Italian building materials maker Mapei rose 14.6% year-on-year to HUF 20.6 billion, Mapei Ltd. said on Tuesday. Export revenue of the unit, mainly to Romania and Serbia, surged 183.2% to HUF 584 million. The press release quoted Béla Markovich, managing director of Mapei Ltd., who pointed out […]
The construction industry is not expected to see a rapid rebound next year, but rather a slow, gradual recovery, driven primarily by residential renovations, energy efficiency programs, and preferential loans, the local unit of Italian building materials maker Mapei said in a report. Managing director Béla Markovich said the Home Start subsidized credit scheme for […]
Mapei Ltd., a Hungarian member of the international Mapei Group, a manufacturer and distributor of construction materials, expects 14.8% sales growth this year, despite the fact that the Hungarian market for construction materials is not expected to expand in 2025, said Béla Markovich, the company's CEO, at a press conference in Budapest on Thursday. According […]
Mapei Ltd. is investing HUF 8 billion to build a new production line for roofing materials and a 12,000-square-meter warehouse in Hungary, the company, which manufactures and distributes building materials, told MTI on Wednesday. The development, to be completed by 2025, will be able to supply not only Hungary but also the region with high-quality […]
Sales revenue at Mapei Ltd. in the first quarter of this year was HUF 7.2 billion, down 6.6% year-on-year, the company, which manufactures and distributes building materials, told MTI on Thursday. However, the company's export revenues rose by 28% to 169 million forints. The company aims to remain competitive in a changing market environment. To […]
Mapei Ltd. expects a more than 6% increase in sales this year, Béla Markovich, the managing director of the Hungarian company, which manufactures and distributes building materials, has said at a press conference in Budapest. He has also discussed the results of a survey by the company about finding construction professionals in Hungary. He added […]
The general level of trust in the construction industry among contractors in Hungary has improved slightly, but is still at a medium level, the CEO of Mapei Ltd., Béla Markovich said, at an online press conference presenting the results of this year's Construction Industry Confidence Index survey on Wednesday. This year's Construction Industry Confidence Index […]
The turnover of Mapei Ltd., a distributor of building materials, increased in Hungary by 22% year-on-year to HUF 27.7 billion last year, and is expected to reach HUF 33 billion this year, up 19%. The company's managing director, Béla Markovich, presented the company's research on the shortage of construction professionals at a press conference in […]
