Rohan leaves younger manager at the helm of Carpatcement

Mihai Rohan, 65, the most experienced Romanian manager in the cement industry, who has been general manager of Carpatcement Holding for ten years, will at the end of this year hand over executive management of the company to Florian Aldea, 47.

The man whose career in the sector spans 42 years, and who was director of the conglomerate that brought together all cement facilities even before 1989, will remain chairman of the Board of Directors of Carpatcement for another two years. Rohan took over at the helm of the local subsidiary of German group Heidelberg in 2000, which posted an annual turnover of around 40 million dollars through its two Romanian plants in Deva and Bicaz. The turnover rose constantly, reaching 294 million euros in 2007 and 2008 and a 30% profit margin. Between 2005 and 2009 the Germans posted cumulated profits of 344 million euros through the subsidiary run by Rohan, but at present the business is in decline in light of the real estate crisis.
"It is time for me to withdraw from operational activity, pass the baton to a young professional and dedicate more time to family life," Rohan now says.