“Last year, volumes rose but prices declined (…) In 2012, we are expecting at least the same results,” Sonia Artinian, head of Lafarge operations in Romania, told MEDIAFAX.

The company official added it’s difficult to make a forecast on sales this year, since there is uncertainty around the drawing of EU funds, as well as the impact of local elections set for November.

The cement market in Romania is disputed between three of the world’s top players, French Lafarge, German HeidelbergCement and Swiss Holcim.