PIF Industrial previously owned 50% of Cemacon.
Cemacon posted a net turnover of RON94.22 million in 2017, up 8%, while its net profit grew 58% on the year, to RON13.2 million.
Dragos and Adrian Paval control 59% of brick manufacturer Cemacon Cluj (CEON.RO) through their companies PIF Industrial and Dedeman.