HeidelbergCement merges its three subsidiaries in Romania
Romania: According to Romania-Insider, Germany's HeidelbergCement will merge its three subsidiaries in Romania, Carpatcement Holding, Carpat Beton and Carpat Agregate, to form a single company called HeidelbergCement Romania.
Carpatcement Holding has three cement plants in Romania, whereas Carpat Beton owns 18 concrete stations and Carpat Agregate operates 14 quarries and aggregates exploitations. The internal reorganisation process will end in December 2015. HeidelbergCement has invested Euro500m in Romania to date.