“In Romania, the sales and the operating profit exceeded the levels in the previous year, due to higher volumes and prices, corroborated with the initiatives to reduce costs”, the group said in its latest financial report.
On May 5, 2021, Irish cement manufacturer CRH changed the name of its Romanian division, CRH Ciment Romania, to Romcim.
Romcim has cement factories in Medgidia and Hoghiz, a grinding station in Targu Jiu, two cement terminals, 18 concrete mixing stations, nine quarries, five gravel pits and an aggregate warehouse. Besides Romcim, international CRH Group also owns in Romania the companies Elpreco, specialized in manufacturing autoclaved cellular concrete (ACC), stone setts and prefabricated elements, and Ferrobeton, specialized in building foundations, pillars and girders.
CRH’s cement sales in Romania exceeded in 2020 the level reported in 2019, due to the continuation of infrastructure projects the positive impact of local and national elections and the increase in the number of residential repair works, per the financial report of CRH Group for 2020.
Romcim ended 2020 with a turnover of RON1.3 billion in Romania, up 11% on the year, per finance ministry data. The company’s profit exceeded RON177 million, while staff numbers remained constant, to some 720.
Data correspond to the company CRH Ciment, the largest of CRH Group on the local market. The group also includes the companies Elpreco, specialized in manufacturing autoclaved cellular concrete (ACC), stone setts and prefabricated elements, and Ferrobeton, specialized in building foundations, pillars and girders.
On the Romanian cement market worth EUR630 million, CRH competes directly with Holcim and HeidelbergCement.