Carpatcement Holding, the German group’s biggest business in Romania, estimates it will raise its cement output by 1.9% this year, to 2.8 million tons.
The company’s investment plan this year amounts to RON25.1 million and mainly targets equipment replacement (RON10.2 million), as well as strategic investments (RON9.7 million), according to the company’s 2013 budget, approved end-May.
Cement production in Romania totaled 7.7 million tons in 2012, from 7.6 million tons in 2011, according to owners’ association CIROM.
Carpatcement Holding has three cement factories in Romania and HeidelbergCement also owns Carpat Beton and Carpat Agregate in the country.
According to data released end-April, HeidelbergCement’s Romanian business declined 7% in 2012, to EUR195 million, but its net profit increased 12.5%, to EUR36 million.
HeidelbergCement’s main competitors on the Romanian market are France’s Lafarge and Switzerland’s Holcim.