What's the source for that data? In this one, the numbers don’t look too different, but yeah, there’s some differences.
Net profit margin, on the other hand, tells the full story. It represents the percentage of revenue left over after all overhead, interest, depreciation and taxes are subtracted. The benchmark range here is 5–8% for well managed companies. (Public builders or large private firms could see slightly higher margins due to volume and operational efficiencies.) While these percentages may seem modest, it’s the margin that ultimately funds growth, cushions downturns and satisfies stakeholders.
Noooo....honestly I can't beleive only 2% will remain as net profit...it is too low...
In Romania, at least 12-14% from revenue remain as profit for a construction company.
You can do it easielly....
It takes about 3 days to start a company (officially).
The legal framework is complicated only on paper, in practice no one complies with anything :P
What is worrying (and this is the case in Western Europe, for example) is that employees do not comply with occupational health and safety regulations, and therefore ONLY the company is punished by the law, not the employee (which is also very difficult to explain to them that it is in their interest to comply with the regulations)
And btw... Foreign capital is always welcomed here, and those who open a company here as a foreigner receive a lot of benefits (tax, insurance, etc.).