ronesans insaat

Ronesans Insaat eyes construction companies in Europe. Chairman of construction company Ronesans Insaat, Erman Ilicak states that the company eyes acquisition opportunities in Europe. Noting that the company targets to be one of the top five construction companies in the world with these acquisitions, Ilicak says that Ronesans Insaat entered new markets such as the Caspian region, Qatar, Saudi Arabia and Libya. The company currently operates in nine countries, Ilicak notes and adds that it employs 10,000 people. The company has USD 1.8bn worth projects in Libya, Ilicak details as well as seven ongoing shopping mall projects in Turkey. Ilicak also says that Ronesans Insaat will launch an IPO in 2012.