Other countries like Romania in this respect are Czech Republic, Germany, Poland, and Sweden, as well as Australia, Egypt, and Tanzania. The group did well in Eastern Europe.
Other countries, like Italy, India, and Bangladesh, saw significant decline in sales as of mid-March, when the COVID-19 epidemic was declared a pandemic. Romania may feel the effect as of April.
Total sales of HeidelbergCement group stood at EUR18.9 billion in 2019, 4% higher than in 2018.
In Romania, the local subsidiary of HeidelbergCement posted growth of 6% in revenue to RON945.7 million in 2018, according to the latest officially available data. Profit went up 18% to RON159.8 million. The 2019 data are not available from the Finance Ministry yet.
The company owns three cement plants in Romania in Tasca (near Bicaz, Neamt County), Chiscadaga (near Deva, Hunedoara County) and Fieni (Dambovita County), 21 ready-mixed concrete plants, seven quarries and five ballast pits.
(English version by Loredana Fratila-Cristescu)