Holcim Romania registered a turnover of RON893.2 million and a loss of RON6.1 million in 2013, according to Finance Ministry data.

Pétry estimates 2015 will be similar with 2014 and expects several major infrastructure projects to get green light, considering that infrastructure is a segment that generates up to 40% of the company’s annual turnover.

Swiss-based Holcim’s investments in Romania will exceed EUR15 million in 2014, targeting the completion of several energy-efficiency and waste-processing projects, while next year’s investments are envisaged at EUR15-16 million, according to Pétry.

France’s Lafarge and Germany’s HeidelbergCement are Holcim’s competitors on the Romanian market.

Early April 2014, Holcim and Lafarge announced they would merge and create the largest global cement maker with an annual turnover estimated at $44 billion. To get antitrust clearance, the two companies will have to sell several assets, including in Romania.

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