CarpatCement grows 15.7%

CarpatCement Romania, the company coordinating the cement operations of Germany’s HeidelbergCement Group on the Romanian market, posted nine-month turnover of 1,413 billion ROL (46.3m euros), accounting for a 15.7% nominal increase as compared to the year-ago period. Turnover posted a slight decrease in euros, down 4% from the 48.3 million euros recorded in the first nine months of 2001. According to the German group’s officials, turnover is reported for only two cement plants the company owns in Romania (Moldocim Bicaz and Casial Deva), leaving out the Romcif Fieni factory, which HeidelbergCement took over in October. ZF