Kronberger invests 3 million euros

The Kronberger group, involved in production and distribution of bricks and ceramic blocks, will this year complete an investment worth 3 million euros in retooling and expanding brick production capacities in Buzau and Targu-Mures, stated Andreea Kronberger, chief executive of Asco Grup Bucharest. The Kronberger group includes brick and ceramic block manufacturers Sastuc in Berca (Buzau county), Mureseni from Targu-Mures and distributor Asco Grup Bucharest. Petrica Kronberger controls Mureseni SA and is one of the shareholders of Sastuc, along with three other individuals and the ceramic blocks producer Soceram, according to the latest available information. The three entities are local players. Mureseni covers the North-Western part of Romania, Sastuc operates on the South-Eastern market, and Asco Grup distributes company products on the Bucharest market. The three companies totalled 489 employees at the end of 2004. The Kronberger group, a medium-sized player on the brick market, is represented by the Thermokron brand on the market. ZF