The value of the Romanian cement market is estimated between EUR650m-700m (US$743m-800m) and is primarily supported by three large players: LafargeHolcim, HeidelbergCement and CRH.
The three cement majors reported around RON3bn in total sales in 2018, representing a YoY rise of 10 per cent. LafargeHolcim’s Romanian operations were valued at EUR633m, followed by CRH (EUR469m) and HeidelbergCement (EUR410m).
TITAN Group to acquire Traçim Cement in Istanbul market
TITAN Group has signed a share purchase agreement to acquire 100 per cent of Traçim Çimento S...