Donalam

Interesting interview by Carlo Beltrame for Ziarul Financiar

Carlo Beltrame, Business Development Manager and CEO of Beltrame France and Romania, recently gave an interview to the top Romanian financial newspaper Ziarul Financiar, discussing the dynamics of the steel industry in 2023 and outlining projections for 2024.

Here are the key highlights:
➡️ The slowdown in industrial activity across Europe has led to a significant drop in steel consumption, down around 35% on the previous year;
➡️ Despite the challenges faced in 2023, the company showed resilience by investing in its two production units located in Târgoviște and Călărași;
➡️ Looking forward to 2024, the company remains committed to sustaining its investments, allocating an additional investiment;
➡️ For 2024, Carlo Beltrame forecasts a partial market recovery of around 10%. This optimistic projection is attributed to forthcoming infrastructure projects and significant contracted residential developments.

Full interview available here