HeidelbergCement Romania

HeidelbergCement Romania
Published: 23 June 2004

HeidelbergCement Romania, the local subsidiary of German cement maker HeidelbergCement, expects a 10 per cent year-on-year rise in its turnover for 2004 to about Euro 130m, Ziarul Financiar daily said on Tuesday.  "The company already registered a 15 per cent year-on-year rise in sales for the first five months," the daily quoted HeidelbergCement Romania’s director general Mihai Rohan as saying.  HeidelbergCement’s three units in Romania - cement producer Carpatcement, concrete producer Carpat Beton and aggregates producer Carpat Agregate - reported a combined turnover of more than 118 million euro in the country for 2003.  The Romanian cement market last year was estimated at 4.7 million tonnes, equivalent to approximately 240 million euro.