Holcim budgets 190m euros for this year

Construction materials manufacturer Holcim Romania, the local branch of the Swiss group, estimates to see a growth of 14% in turnover this year, to 684 million RON (190 million euros). “We estimate a 14% rate of growth similar to that seen in 2005, but we hope our increase will be higher. The infrastructure projects announced by the mayor of the Capital, Adriean Videanu, are very important to us, and we hope they will materialise, ” Adrian Porfir, marketing and sales director at Holcim said. In the first quarter of this year the company saw a drop in sales by some 3-4% against the same period of last year, due to weather hindering construction works. “Sales for the first three months of the year are some 9-10% lower than the company estimates,” Porfir explains. Holcim announced at the beginning of the year that it would allocate approximately 70 million euros for this year, in order for projects started in 2005 to be continued. The company”s biggest project is being conducted in Campulung, where Holcim will invest 105 million euros by 2008, in the building of the biggest grey cement production line in Romania. ZF