Cement and aggregates manufacturer LafargeHolcim increased its cement sales in Romania by 15.3% in the first nine months of the year, especially due to the strong advance of the construction market in Bucharest.

The cement price went down by 0.8% in the first nine months of the year compared to the same period in 2014.

On the aggregates segment, LafargeHolcim reported an increase of 72.3% in the sales volume between January and September this year compared to the same period in 2014. The price of aggregates dropped by 15.1% during this period.

“The demand in Eastern Europe remained at a high level, especially in countries that are not oil exporters. Volumes have increased in most states in the region, with strong increases on all segments in Romania,” reads the company’s release.

The LafargeHolcim group was created following the merger of French company Lafarge and Swiss competitor Holcim. The new group kept Holcim’s assets in Romania and sold Lafarge’s assets to Irish group CRH.

editor@romania-insider.com