Romania: sales and profits increase

Romania: sales and profits increase
07 June 2016

For the year 2015 three major cement producers in Romania saw an increase in both sales and profits.

Holcim Romania increased its sales by 15 per cent in 2015, achieving a turnover of EUR253m (US$287.5m). The company also reported a net profit of EUR29m, 81 per cent higher compared to 2014.

HeidelbergCement reported sales of EUR118m and a net profit of EUR25m, up 19 per cent from the previous year.

CRH Romania, which took over Lafarge’s local operations, surpassed competitor Heidelberg cement, increasing its turnover by 23 per cent to EUR221m. However, CRH Romania’s profit was slightly lower than ini 2014, standing at EUR15m.

Published under Cement News