Leier is further consolidating its position locally, with the construction of new factories in Catcau (Cluj County) and Simand (Arad County). The first of these plants, that in Cluj County, will start the production of precast concrete products in March 2021, and the unit in Arad will start production in November 2021. Combined investments exceed EUR25 million. A part of the amount also targets a new section of precast concrete products at Brikston Iasi, as well as the development and technological upgrades on manufacturing processes at the factories already existing in Leier’s local portfolio.
Leier Rom, the company through which the group operates in Romania, had a turnover of RON23.7 million in 2019, up 25% compared with 2018. The company reported a net loss of RON2.1 million, according to finance ministry data.
Leier entered the Romanian market in 2006 with a factory in Alba county. In 2018, Leier bought Iasi-based brick manufacturer Brikston from investment fund ADM Capital, and in 2019, it consolidated its position with the acquisition of Siceram Sighisoara, the only manufacturer of tiles and ceramic blocks Romania.
The Romanian masonry market where Leier Group operates reached EUR287 million in 2019, of which EUR146 million from brick sales alone. The market grew 14% in 2019 compared with 2018.