Holcim plan Romanian investment

Holcim Romania is reported to be planning to invest €28million in its Alesd cement factory over the next two years.

March 13, 2012 Read time: 1 min

680 Holcim Romania is reported to be planning to invest €28million in its Alesd cement factory over the next two years. The work will upgrade the plant to modern standards and is part of an on-going strategy of investment that has seen the company spend over €700million in Romanian facilities in the last 14 years.

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Romania to lead European construction recovery

The 2009 downturn hit Romania’s construction industry harder than any other in central Europe: it is likely to lead the recovery. Romania’s construction industry was hit harder than any other in central Europe by the 2009 downturn, but there are signs of optimism. European Union funding is beginning to fall into place alongside major infrastructure plans throughout the country. Just three or four years ago, Romania’s construction industry was doing well: cement use alone reached record levels in 2008 at 600