“In July, we set off an extensive optimization and production capacity boosting program at the Ytong plant of Paulesti, Prahova county, an investment from own sources that will allow us to more efficiently meet the real needs of Romanian consumers for energy saving construction solutions,” said Marius Dragne, CEO of Xella Romania.
He chose not to disclose the value of this investment.
Xella’s Romanian subsidiary ended 2021 with RON395 million turnover, up 13% year-on-year. The RON92.3 million profit was 26% higher, while the average number of employees was slightly down, to 435.
Since early 2022, Xella has clinched two deals on the Romanian market.
(English version by Catalina Apostoiu)