The group expects the local market value to shrink by 3% or stagnate this year, as the market grew by 0.4% in the first half. In the timeframe analyzed, volumes rose 1.4% but other factors, such as prices and the product and client mix, caused the market value to drop 1%.
On an international level, the group’s profit dropped 12% in the second half, to EUR289 million, because of low demand and high raw material costs on the US market.
Lafarge is active in Romania through three divisions, namely cement, concrete aggregates and plaster.