Holcim to invest more in Romania

Holcim to invest more in Romania
Published: 12 April 2005

Holcim Romania, plans to invest around 32 million euros this year in Romania, financial daily Ziarul Financiar reported on Tuesday.  Holcim Romania’s turnover rose by 30 percent in 2004 from the previous year to 130 million euros, exceeding official estimates of 118 million euros.   "In 2004 we invested 26 million euros and we plan to invest over 32 million euros in 2005," Markus Wirth, Country Manager Holcim Romania told the paper.   He said the company plans to launch three ready-mix plants in Bucharest, and modernise three others across the country.  
Romania’s cement market, with sales of around 300 million euros per year, is dominated by Lafarge, Heidelbergcement and Holcim.