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Romania ’09 Cement Market Falls 30% To 8M Tons

Romania’s cement market fell 30% in 2009, to 8 million tons, and is seen further down in 2010, the executive head of cement business owners association CIROM said Thursday.
Romania ’09 Cement Market Falls 30% To 8M Tons
04 mart. 2010, 14:06, English

„2010 will be worse than 2009. The market won’t reach 2008 levels in the next three to five years,” Ion Crangasu said during the Mediafax Talks about Construction conference.

He estimates the market will decrease by 5% to 10% this year.

In 2009, cement production decreased 27.8%, to 7.8 million tons, while sales of the largest three cement producers decreased at EUR620 million in 2009, from EUR910 million a year before.

The largest three cement producers on the local market are French Lafarge, Germany’s HeilderbergCement and Swiss Holcim.