The company estimates that only 1.25 million homes unfolded thermal insulation works, namely 15% of the some 8.4 million existing units.
“The large part of thermal rehabilitation works is held by local administration projects and, unfortunately, the funding for this type of project is declining,” said Razvan Bobe, research and development director within Baumix.
On the other hand, the company expects demand for such works to increase once the heating subsidy is removed.
The government agreed with the International Monetary Fund to remove heating subsidy by the end of August.
Baumix is owned by businessman Augustin Russu and it has six production lines, with a production capacity of 35,000 tons per month.