Romania’s 2010 cement production drops 11%

Romania’s 2010 cement production drops 11%
29 March 2011

Cement production in Romania fell by 11% last year to 6.92Mt, according to the Romanian association of cement producers, Cimrom, local daily Ziarul Financiar reported on Monday.

Domestic cement sales fell by 12% to 6.85Mt, while exports rose threefold to 9800t, Ziarul Financiar reported.

The negative trend was influenced by a stagnation in the constructions sector, a sharp fall in purchasing power and a slowdown in lending activity, the daily quoted Cirom’s director gjeneral Ion Crangasu as saying.
Published under Cement News