Portugal news – The turnover of Portuguese construction company Garcia Garcia reaches over 100 million euros in 2023, that is their second best year ever.
Portuguese construction company Garcia Garcia, that is located in Porto, registered a turnover of 104.4 million euros in 2023. Since international clients represented around 50% of the turnover, the construction company contributed to Foreign Direct Investment and to the creation of new jobs in Portugal.
2023 was the second best year ever since it registered a turnover of over 100 million euros for the second consecutive year, while 2022 was a record year with a turnover of 110 million euros.
The main real-estate sectors that contributed to the largest share of the turnover of the Portuguese construction company were industrial and logistical projects with a market share of 75%, while the office sector represented 10% of projects, the residential and hospitality sectors represented 7.5% of projects and the retail sector represented 7.5% of projects.
The main clients of Portuguese construction company Garcia Garcia in 2023 were Mercadona, Logicor, Kantar, BorgWarner and WEG.
With the construction of Portugal’s future eco-industrial park that will become a reference in the north within the next decade, the construction company is becoming a market leader in the field of sustainability as it adheres to the most demanding environmental regulations.