Holcim Romania nine month turnover up 31.8%

Holcim Romania nine month turnover up 31.8%
Published: 14 November 2008

The Romanian unit of Holcim said today that its turnover rose by 31.8% YoY in the first nine months of 2008, exceeding its initial forecast of 15% to 20% growth on added capacity and price rises.

The company’s sales grew by 18.9% YoY in terms of volume for January to September, fuelled by increased output following the completion of a EUR120m (US$150.48m) expansion project at its plant in Campulung, southern Romania.

Cement prices in the country went up by 12% YoY in the period.