Building materials producer Cemacon says 2023 brought, for the second year in a row, a significant contraction of the market it operates on, mainly amid slowing housing sector. Nevertheless, the company made further investments and plans to continue to do so.
Construction material manufacturer Cemacon (CEON.RO) posted RON130.07 million net revenue in the first nine months, 27% lower than on September 30, 2022.
Electricity and natural gas supplier E.ON Energie Romania, a member of Germany's E.ON Group, has completed the construction of a solar power plant for brick manufacturer Cemacon, a company held by the founders of do-it-yourself chain Dedeman.
Construction materials manufacturer Cemacon (CEON.RO), a company controlled by Dedeman's Paval brothers, posted RON79 million revenue in the first half of 2023, down 36% compared with the same period last year, while net profit decreased 42% to RON28.7 million, it said in its first half report.