HeidelbergCement to merge Romanian subsidiaries

HeidelbergCement to merge Romanian subsidiaries
01 July 2015

HeidelbergCement will merge its three subsidiaries in Romania – Carpatcement Holding, Carpat Beton and Carpat Agregate – into a single company, according to the Romanian Insider. The new company will be called HeidelbergCement Romania.

Carpatcement Holding has three cement factories in Romania, whereas Carpat Beton owns 18 concrete stations and Carpat Agregate operates 14 quarries and aggregates exploitations. The internal reorganisation process will end in December.

HeidelbergCement’s Carpatcement has a cement capacity of 6.3Mta, making it the largest cement producer in the country. Both volume and prices increased during 2014. The Bicaz works in the northeastern part of the country is largest of its three works. Following the commissioning of a second, 1Mta kiln in 2009 and associated investments the total cement capacity at Bicaz now stands at 3Mta. Both kilns are able to burn alternative fuels. The Fieni works, located to the north of Bucharest, had an extra cement mill added in 2009 and cement capacity now stands at 1.65Mta. The third plant is at Deva in Transylvania and currently has a 1.65Mta capacity.

Published under Cement News

Tagged Under: Romania HeidelbergCement