Holcim (Romania) plans to invest over EUR 160 million during the period 2006-2008. These investments will be made in modernizing the production technology and increasing the production capacity, and in projects for environment protection, business development, occupational health and safety, social responsibility and human resources.
The investments planned for 2006-2008 will include the expenses for modernizing the production technology of the cement plant in Campulung which begun in 2005. The investment for the modernization of the cement plant in Campulung by building the largest grey cement production kiln in Romania, including a pre-blending bed for the raw materials, was announced in October 2005, amounts to approximately EUR 105 million and is planned for the period 2005-2008.
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 some 61,000 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 Europe after 1989.
Holcim (Romania) S.A. currently operates 3 cement plants, in Turda, Campulung and Alesd, 14 environmentally-friendly ready-mixed concrete plants and 4 aggregates plants. Holcim (Romania) S.A. currently has approximately 1,300 employees. The website of the company is www.holcim.ro.