Mapei sales climb 17% in Q1

Telco

Sales of the Hungarian subsidiary of Italian building materials maker Mapei saw a year-on-year rise of 16.7% in the first quarter of 2015 following an expansion in the domestic construction sector as well as increased marketing activities, managing director Béla Markovich said today.

Mapei foresees further modest growth for this year in the construction industry with the increase of private investments, energy-efficiency investments and an expansion in the market for home renovations. The Hungarian unit of Mapei has a headcount of 148 and reported revenue of HUF 8.3 bln in 2014.

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