Traditional material distributors have adopted a similar model to that of NFIs - raising prices and applying extended payment terms - and builders have had to accept tougher conditions to obtain the necessary materials.
Sandwich panels, steel concrete and roofing have seen price hikes of up to 10%, while material suppliers have imposed stricter payment terms, putting additional pressure on builders. These price increases and prolonged payment terms are seriously affecting the profit margins of construction companies. In addition, financing difficulties coupled with late payments from the state and high interest rates imposed by banks have deepened the economic crisis in the sector.
Vindem-Ieft.ro simplifies access to finance
In this complicated economic context, vindem-ieftin.ro presents itself as an alternative business model that simplifies the purchase and lending process for builders. By analyzing the financial creditworthiness of customers and offering simplified credit, the platform helps construction companies to quickly access the materials they need, without depending on high interest rates or extended payment terms, and thus helps to reduce financial pressure and improve their cash flow.
"In the face of financial difficulties and pressure caused by economic conditions in 2024, construction companies are facing severe bottlenecks, ranging from late payments from the state to high financial costs imposed by banks and distributors. We, at vindem-ieftin.ro, are coming to their support with an innovative business model that simplifies the purchase and lending process and offers more flexible financing solutions for customers with good creditworthiness. To support construction companies, we have strengthened our collaboration with suppliers and subcontractors by negotiating favorable contracts and ensuring a stable supply of construction materials. We believe that transparency and long-term support are essential to overcome this difficult period. Investments in technology, sustainability and human resources will enable us to offer our customers complete and efficient solutions, even in difficult economic conditions. The Romanian construction industry has shown remarkable resilience in the face of the challenges of 2024, but to remain competitive, it will need to continue to invest in sustainability, adopt new technologies and build strong partnerships. 2025 will be about balancing cost, demand and sustainability. It is essential that we stay united as an industry and emphasize transparency and collaboration," said Cosmin Raileanu, founder and CEO of Vindem-Ieft.ro.
In 2024, the industry has accelerated the transition to green and energy-efficient solutions in response to environmental regulations and customer demands to reduce their carbon footprint. Digitalization has become an important solution for optimizing costs and streamlining operations, and digital platforms have become increasingly popular among manufacturers.
