Holcim Romania announced its future investments within a seminar organized at its Bucharest headquarters. The seminar was designed to offer the participants further information on the cement industry in Romania.
Holcim Romania representatives detailed the cement industry characteristics, such as characteristics of the raw materials, the production process, the environmental services (waste co-processing, co-incineration, alternative fuels, alternative raw materials) and emphasized the importance of the ecological concrete station concept.
Kurt Habersatter, General Manager and CEO Holcim Romania, offered up to date information on company's accomplishments, investments and future plans.
"The key of Holcim's success is the concentration on our core business, a forward-looking attitude, permanent market innovation and long-term investment. Between 1997 - 2003, Holcim invested in Romania a total amount of EUR 270 million, therefore the amount of the investments made in quality, environmental protection, social responsibility and Labor Protection raised at EUR 30 million. In 2004 we forecast to invest over 20 million Euro, mainly in further modernization work in the cement plants, launching new ecological concrete stations and modernizing the traditional ones" said Kurt Habersatter, General Manager and CEO Holcim (Romania).
An important project represents the modernization of the white cement production at Turda plant under a EUR 3.5 million investment.
During 2003, the company invested more than EUR 70 mil, especially for the refurbishment of the gray cement line in Alesd, the most modern production line in Romania. Another important investment is the refurbishment of the dispatch center and the commissioning of the coal mill in Campulung. An additional amount in excess of 40 million EUR will be invested by 2006 in a number of projects related to modernizing production technology, environment care, business development, occupational health & safety conditions, social projects and human resources.
2003 has been the best year for Holcim (Romania) in terms of financial and operational performance; the company had a turnover of approximately EUR 100 million, which means a 13% increase of the turnover, as compared to 2002.
Holcim International Results for 2003
Holcim generated substantially better results and margins. This impressive performance is the result of measures to enhance shareholder value, as well as the Group's unique global presence in the industry with its clear focus on growth markets.
Holcim's cement and clinker deliveries increased to 94.3 million t (2002: 90.5 million t). Sales of aggregates grew up to 95.9 million t (2002: 92.1 million t), and ready-mixed concrete volumes reached 27.0 million m3 (2002: 25,3million t).
Although only a fairly modest brightening of activity is expected in the construction industry for 2004,Holcim is nevertheless optimistic that it can sell more cement, aggregates and concrete in key markets. Holcim will benefit in particular by a consolidation of its business in developing countries and emerging markets.
Holcim (Romania) S.A. is the Romanian subsidiary of Holcim Group Ltd., one of the world's leading suppliers of cement, as well as aggregates (gravel and sand), concrete and construction-related services. One of the top players in the world construction materials industry, the Group is based in Switzerland and has majority and minority interests in more than 70 countries on all continents. Holcim employs approximately 48,000 people operating 130 cement plants and grinding stations and over 750 ready-mixed concrete plants throughout the world. Holcim is also one of the first international players in the construction industry to have invested in Eastern Europeafter 1989.
Holcim (Romania) S.A. currently operates 3 cement plants, in Turda, Campulung and Alesd, 13 ready-mixed concrete plants (7 of which have been built based on the concept of environment friendliness) and 3 aggregates plants. Holcim (Romania) S.A.currently has approximately 1,300 employees.