Moldocim profit soars

Moldocim Bicaz saw 2.1 million-euro net profit in H1, up six times since the year-ago period and double last year’s level. German group HeidelbergCement owns the main stake in Carpatcement, which operates Moldocim Bicaz. The Bicaz-based plant posted net income worth about 34bn ROL (1.1m euros) in 2002. The company’s total revenues amounted to some 532bn ROL (14.6m euros) in the first six months, slightly higher than in H1, 2002 due to better financial results. ZF