Ristoiu, aged 54, is replacing Sorin Miron who had run the company for seven years.
Ristoiu has been working for Holcim Group for 20 years. Previously, he had worked for Search Corporation and SCT Bucuresti SA.
A graduate of the Faculty of Railways, Roads and Bridges within the Bucharest Technical University of Constructions, he completed his studies in prestigious universities, obtaining two EMBA titles – one in management and administration, within the Bucharest University and another in general management and business administration, at Tiffin University.
He will continue to coordinate the Infrastructure Division within Holcim Romania and will also take over the management of the activity of Somaco Group Prefabricate.
With a turnover of EUR66 million in 2021, Somaco Grup Prefabricate is one of the largest manufacturers of concrete prefabs used in the field of infrastructure, as well as the construction of shopping centers, logistics or production halls in the country. Also, Somaco is one of the largest producers of autoclaved cellular concrete (BCA) in the country.
“We have a long-term investment plan for the Somaco factories and for the development of services and the acceleration of digitization”, stated Gabriel Ristoiu.
Somaco operates six plants in Romania, in Adjud, Buzau, Roman, Teius, Targoviste and Timisoara, respectively, and has some 900 employees.
Swiss multinational building materials manufacturer LafargeHolcim acquired Romanian precast concrete producer Somaco in November 2019.