Cement News tagged under: Romania
Romania's Competition Council launches cement market investigation25 October 2018, Published under Cement NewsRomania's Competition Council (RCC) is investigating possible anti-competitive practices between the three domestic market cement producers – Holcim Romania, CRH Ciment Romania and HeidelbergCement Romania. It is reported in the Romania Insider that the three companies are suspected of having split the local market in terms of market shares, product offer, production sales levels, technical development and investments. The investigation will also look at possible price-fixing starting from ... |
CIROM: Romanian cement market growth muted at 2%24 April 2018, Published under Cement NewsRomania’s cement association, CIROM, expects the country’s cement market to show only modest growth in 2018. "We are not very optimistic about the cement market in 2018. We estimate an increase of about two per cent, because the non-residential works are few and the infrastructure, if some of the work is done is good," says Mihai Rohan, president of CIROM. In 2017 Romania’s cement demand expanded by 6.6 per cent to 8.4Mt. The country has seven cement plants, operated by Holcim, Heidelb... |
CRH Ciment SA and Comnord SA accepts Romania’s Competition Council fine for unauthorised merger16 January 2018, Published under Cement NewsCRH Ciment and Comnord SA have been retrospectively fined RON3,056,314 (US$802,409) by Romania’s Competition Council for the implementation of a merger carried out before receiving the council's authorisation. In its analysis of a recent transaction, through which CRH Ciment SA became the sole shareholder of CRH Comnord SA, the Competition Council found that a previous operation had not been notified and authorised according to current rules, which prohibits mergers without notification a... |
Romania: sales and profits increase07 June 2016, Published under Cement NewsFor 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 Heidelb... |
Romania: CRH Ciment sees profits rise 40% in 201527 May 2016, Published under Cement NewsThe Romanian subsidiary of CRH, CRH Ciment, has released performance figures for 2015, reports Romania Insider. CRH Ciment saw turnover reach EUR189m (US$211m) in 2015, up 23 per cent YoY. Profits climbed faster still, reaching EUR30.1m, up 40 per cent YoY. The business was acquired by CRH from Lafarge as part of the divestment process that accompanied the formation of LafargeHolcim. Holcim Romania remains the largest cement producer in the country. |
Holcim Romania initiates road safety programme30 November 2015, Published under Cement NewsHolcim Romania has initiated a national road safety programme to raise awareness of the importance of safe driving across the supply chain. The three-year programme consists of series of projects mainly aimed at reducing the number of casualties and critical road incidents in Romania. The national road safety programme launched by the building materials producer will comprise four main action directions which will take place simultaneously and in which the company has invested over EUR100,... |
Romania: LafargeHolcim reports 15.3% rise in 9M15 cement sales27 November 2015, Published under Cement NewsLafargeHolcim increased its cement sales in Romania by 15.3 per cent in the first nine months of the year, especially due to the strong advance of the construction market in Bucharest. Cement prices over the period declined by 0.8 per cent. The aggregates division reported a rise of 72.3 per cent in volume, while prices dropped 15.1 per cent. “The demand in Eastern Europe remained at a high level, especially in countries that are not oil exporters. Volumes have increased in most states ... |
HeidelbergCement to merge Romanian subsidiaries01 July 2015, Published under Cement NewsHeidelbergCement 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 Car... |
Holcim and Lafarge announce proposed asset disposals07 July 2014, Published under Cement NewsTwo months after the announcement of their planned merger, Lafarge and Holcim have revealed the list of proposed divestments. In Europe the merged entity aims to have “a significant and balanced industrial base in Europe – around 20 per cent of its revenues – within its overall global footprint, enabling it to take advantage of the European economic recovery,” according to a joint statement. LafargeHolcim plans to sell Lafarge’s Mannersdorf works in Austria as well as the Lafarge Tarmac a... |
LH Merger update: plants for sale07 July 2014, Published under Cement NewsFinally, exactly two months after the first official announcement of their 'merger of equals', Lafarge and Holcim clarify which plants are likely to be put up for sale. No surprises for those who've been following our coverage of the deal to date with divestments slated for Austria, France, Germany, Romania, Hungary and the UK in Europe; Canada - but not the USA - in north America; Brazil in Latin America; Philippines in Asia; Reunion and Mauritius in the Indian Ocean... We summarise the... |