Romania's building materials producers are further announcinginvestment projects worth tens of million euros in productionfacility expansion, even though massive investments have beenoperated on the market in the past two years and sales dropped toless than half the peak reached in 2008.
Businessman Gheorghe Călburean, owning Cars Târnăveni buildingmaterials producer, plans to start investments of at least 19.6meuros in a new ceramic block plant with a 700 tonnes/daycapacity.
Soceram Bucureşti in early 2010 announced it would invest 20m eurosin a ACC plant in Roman. Ceramic block producer Cemacon Zalău hasrecently completed a 28m-euro investment in ceramic blockproduction. The market leader, Wienerberger, also announced itwould start the around 100m-euro budgeted investments as soon asthe market picks up.
Producers account for the need of these investments by the fallingproduction costs amid plummeting prices and tight competition inthe field.
Building materials producers would not make projections about 2011market trends after the steep sales decline of the past two yearshave taken them by surprise.
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