Holcim Romania investments

Holcim Romania investments
Published: 18 January 2006

Holcim Romania projects Euro 160m worth of investment until 2008, the Ziarul Financiar newspaper reports on Tuesday.   The upgrading of technologies and environment protection are in focus. The Holcim management expects the turnover to rise roughly 12 per cent in 2006 on 2004, from Euro 130m to Euro165m.  
 
General Manager of Holcim Romania Co., Markus Wirth, says the growth rate of the domestic market of cement stood at eight per cent in 2005 and will keep the same in 2006, depending on the weather conditions and the implementation of big infrastructure projects, among others.   The company plans to build a new dry line in Campulung (160 km north-west of Bucharest), with an annual capacity of over 1.5Mt.