The company’s profit grew 53% on the year in 2019, to RON245.2 million.
HeidelbergCement Romania had nearly 1,000 employees last year.
The company owns three cement plants in Romania in Tasca (near Bicaz, Neamt county), Chiscadaga (near Deva, Hunedoara county) and Fieni (Dambovita county), 21 ready-mixed concrete plants, seven quarries and five ballast pits.
Total sales of HeidelbergCement Group stood at EUR18.9 billion in 2019, 4% higher than in 2018.
Romania was among the countries with the lowest or non-existent pandemic impact for the group, according to its first quarter earnings report. Other countries where the impact was low were Czech Republic, Germany, Poland, and Sweden, as well as Australia, Egypt, and Tanzania.
The Romanian cement market is estimated at around EUR700 million. The local industry is dominated by seven large factories owned by three major players – Holcim, CRH and HeidelbergCement. The Romanian antitrust body is currently investigating the three companies on suspicion of adapting production so as not to compete against one another in the same regions.