Holcim new investment in Romania

Holcim new investment in Romania
Published: 10 September 2008

Holcim Romania Co. invested EUR35m, in 2007, in the upgrading of a cement mill in Turda, center of Romania, and over EUR95m, in that at Alesd, general manager Holcim Romania Markus Wirth told.
“Holcim Romania invested, over 1997-2007, more than 513 million euros in all the production units and in all segments - cement, concrete and aggregates. The company continues to invest this year as well, over 135 million euros in some projects in re-engineering, environment protection, business development and staff training, “ Wirth said.
According to him, in H1, the volume of cement produced by Holcim increased 22% from the same period last year.Wirth said that in the past years, the trend in the cement market has been positive, and the company expects the market to grow in 2008 some 20-25% from last year.“We want in 2008, too, to post a rise in turnover similar with that in the cement market,” the general manager said.The branch of Holcim in Romania does not export cement, the company is striving to meet most of the needs of the domestic market.
Romanian Carpatcement Holding Sees 2008 Turnover Up 20% YoY