Macon Deva posted RON124 million revenue in 2016, up 13% on 2015, according to the information available on the Finance Ministry website. The company posted RON7.5 million loss last year, half the loss of 2015. Macon has four plants in Romania, which make autoclaved aerated concrete, lime and other materials in Targu-Jiu, Deva and Oradea.
Macon’s new owner Xella has only one plant in Paulesti and posted RON64 million revenue in 2016, 18% higher than in 2015 and RON2.7 million losses compared with RON7 million losses in 2015.
The takeover of Macon by Xella is subject to the approval of the Romanian competition watchdog and could be completed in the first half of 2018.
The local masonry material markets – which includes both AAC and bricks, amounts to some ERU100 million and a volume of 2.5 million cubic meters, the companies in the industry say. Xella’s competitors in Romania include Celco, Somaco and Elpreco.
(English version by Loredana Fratila-Cristescu)