Romania's Carpatcement Holding plans Euro15m investments in 2014

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Romania: Romania's Carpatcement Holding, a HeidelbergCement subsidiary, said that it plans to invest Euro15m in 2014 in increasing energy efficiency, in environmental projects and personnel development.

In 2013 the company's sales fell by 14% due to a national decline in infrastructure projects, domestic spending and in foreign direct investments.

HeidelbergCement has invested more than Euro450m in Romania since 1998. Between 2008 - 2009 it invested Euro100m in raising its cement production capacity to nearly 7.15Mt/yr. In Romania the Germany-based company produces cement, concrete and aggregates in its three units, Carpatcement Holding, Carpat Beton and Carpat Agregate.

Last modified on 22 January 2014

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