Cement producers accumulated EUR 1 billion profit in six years
The biggest three players in cement industry, the Swiss Holcim Romania, the French Lafarge and the German Carpatcement have registered in the period 2007-2012 total turnover of nearly EUR 4.4 billion, while their total net profit reached almost EUR 1 billion, according to ZF calculations based on the data from the Ministry of Finance and Trade Registry.
Two of the three large players from the local cement market, Lafarge Ciment and Carpatcement Holding, have reduced last year their profit margins to under 20%, namely half compared to the boom period, while the third producer, the Swiss group Holcim, has registered loss for the first time in the last decade, according to the data obtained by ZF from the Trade Registry. (source: zf.ro)