Business Forum • 31 January, 2025 at 1:36 PM
The acquisition of Euro Caramida SA by Cemacon SA in 2023 implied the assumption of a total investment of more than €30 million. This amount included both the value of the transaction and financing for modernization projects planned in the coming years. Cemacon committed to set a new benchmark of excellence in the Romanian construction industry by acquiring and modernizing an uncompetitive foreign-owned company.
"In about a year and a half, we have managed to transfer know-how and invest in re-technologization, thus capitalizing on the resources of the acquired company. Today, we serve our customers with an extensive and diversified portfolio of building materials, prompt and efficient service and better logistical coverage in the western part of the country. In addition, the cost optimization and operational efficiencies resulting from this merger will allow us to offer more competitive prices, thus supporting our partners in the growth and development of their businesses", says Daniel Sologon, CEO Cemacon.
Cemacon has made significant investments to modernize its production lines, through energy efficiency and re-technologization projects. The company has also paid particular attention to the working conditions of its employees, modernizing workspaces and setting up special areas for relaxation and socializing. In addition,
Cemacon equipped an in-house laboratory with state-of-the-art technology and optimized logistical processes. The products leaving the Biharia factory gates meet the necessary export standards and will soon reach the markets of neighboring countries.
"With the finalization of the merger, we are entering the final stage to initiate the export of key, high quality and environmentally friendly products made of 100% natural Romanian clay. This strategic step will open new opportunities and strengthen Cemacon group's presence in the region," emphasizes Daniel Sologon.