Holcim to invest 86 mln eur in Romanian ops in 2007 |
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Published
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Fri, 30 Mar 2007 13:09
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BUCHAREST (AFX) - Holcim's Romanian unit said it will invest 86 mln eur in modernising its production lines and in logistics and environmental protection this year, news agency Mediafax reported.Some of the money will be spent on staff training, too.Holcim has three cement factories in Romania as well as 15 concrete plants there. It invested some 381 mln eur in Romania between 1997 and 2006.The Romanian operation had approximately 219 mln eur sales in 2006, up 28 pct from 2005.Holcim announced recently it would spend 2.8 mln eur on environmental protection.newsdesk@afxnews.comafp/jsaCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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Holcim raises 650 mln sfr in two bond issues 