Holcim Romania, a unit of Swiss cement company Holcim Ltd, said on Thursday its 2004 turnover grew 10% due to investments in quality, service and innovation. It recorded 118 million euro ($156.5m) in sales for the year, the company said in a statement. Holcim Romania plans to spend 32 million euro in 2005 on three new concrete plants in Bucharest, Timisoara and Targu Mures. It also plans to upgrade a ready-mixed concrete plant in Brasov. "Other investments include the modernisation of production lines in the Campulung and Alesd cement plants," Holcim Romania’s country manager Markus Wirth said in the statement.
The company has invested approximately 300 million euro since it was established in 1997. It has three cement, three aggregate and 13 concrete plants. Holcim Romania has 1,400 employees.