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Holcim plans over 68m-euro investments

Holcim plans over 68m-euro investments
26.03.2007, 18:42 10

Cement producer Holcim Romania will invest 68 million euros this year in equipment, the construction of aggregate and concrete-mixing stations and in environmental protection, stated the company's communication manager, Luminita Oprea. The budget was approved by the General Meeting of Shareholders, and would target several directions of development, such as setting up of new lines of cement production at the plant in Campulung, acquiring logistical equipment, building several aggregate and concrete-mixing stations, as well as programmes for environmental protection, said Oprea. She specified that part of the budget earmarked for investment would be allocated for training programmes for Holcim's employees. Holcim Romania made total investments worth some 391 million euros in the 1997-2006 period. The company has recently announced it will invest around 2.8 million euros this year in environmental protection programmes. Holcim Romania posted an approximately 774 million-RON (some 219 million-euro) turnover last year, up 28% against the level seen in 2005.

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