Frenchman Francois Petry, the general manager of cement producer Holcim Romania, will take over as CEO of Aggregates Industries, the British subsidiary of the newly formed LafargeHolcim group, starting December 1.

His replacement at the helm of Holcim Romania will be announced soon, reports Dailybusiness.ro.

Petry has been CEO of Holcim Romania since 2014, after managing Holcim’s aggregates division in France since 2008. He is a member in the Board of Directors of the Foreign Investors Council (FIC) and President of the Chamber of Commerce Switzerland - Romania (CCE-R).

Holcim Romania has two cement factories in Campulung and Alesd and about 800 employees. The company had sales of EUR 217 million and a net profit of EUR 16 million in 2014.

editor@romania-insider.com