“We are looking at opportunities in the construction materials area, through acquisition or expansion,” says Gustavo Navarro, managing director CRH Romania.
CRH is involved in deals every year, so it does not rule out one in Romania in 2018 or 2019. It is all up to the infrastructure investments, though, he added.
All the expansion projects of the Irish-held CRH in Romania depend on the state of the country’s infrastructure, and Romania has a lot of work to do before catching up with the other European countries.
CRH is concerned about the condition of the roads in Romania, Gustavo Navarro says. He does not see any improvement in the condition of the infrastructure in the next two years, but things will get better after that. Romania will see a real infrastructure boom in two years, he added.
CRH has two cement plants in Romania, in Hoghiz and Medgidia, and a grinding station in Targu Jiu.
(English version by Loredana Fratila-Cristescu)