Romania Insider
Competition watchdog greenlights takeover of large Romanian brick producer

Romania’s Competition Council has authorized the transaction by which Austrian group Leier, already owning Romanian brick producer Brikston Construction Solutions (formerly Ceramica Iasi), takes over the brick and roof tile producer Siceram.

Leier reached an agreement last autumn to buy Siceram Sighișoara - a manufacturer of bricks, roof tiles and other building materials with RON 85 million (EUR 18.3 mln) sales in 2018.

This was the second investment of the Austrian group in Romania after it acquired the brick producer Brikston Iasi from the CEECAT investment fund, part of the ADM fund, at the end of 2018. Siceram Sighişoara is active in the same market.

Siceram was privatized in 1995 under the MEBO method and is currently controlled by a group of local entrepreneurs.

The Leier group of companies, with a combined annual turnover in excess of EUR 200 mln, operates 40 production units located in seven countries: Austria, Hungary, Poland, Slovakia, Romania, Croatia and Ukraine.

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(Photo source: Pixabay.com)

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For a decade, Romania Insider has been your platform of choice for reliable information on all things Romania. We have always been proud of our ability to bring you bias-free reporting but this hasn't always been easy. We have been thinking about making some changes and can't imagine doing this without your feedback.
For this, we would appreciate it very much if we could borrow 2 minutes of your day to fill out this survey. 
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Romania Insider
Competition watchdog greenlights takeover of large Romanian brick producer

Romania’s Competition Council has authorized the transaction by which Austrian group Leier, already owning Romanian brick producer Brikston Construction Solutions (formerly Ceramica Iasi), takes over the brick and roof tile producer Siceram.

Leier reached an agreement last autumn to buy Siceram Sighișoara - a manufacturer of bricks, roof tiles and other building materials with RON 85 million (EUR 18.3 mln) sales in 2018.

This was the second investment of the Austrian group in Romania after it acquired the brick producer Brikston Iasi from the CEECAT investment fund, part of the ADM fund, at the end of 2018. Siceram Sighişoara is active in the same market.

Siceram was privatized in 1995 under the MEBO method and is currently controlled by a group of local entrepreneurs.

The Leier group of companies, with a combined annual turnover in excess of EUR 200 mln, operates 40 production units located in seven countries: Austria, Hungary, Poland, Slovakia, Romania, Croatia and Ukraine.

[email protected]

(Photo source: Pixabay.com)

Normal

For a decade, Romania Insider has been your platform of choice for reliable information on all things Romania. We have always been proud of our ability to bring you bias-free reporting but this hasn't always been easy. We have been thinking about making some changes and can't imagine doing this without your feedback.
For this, we would appreciate it very much if we could borrow 2 minutes of your day to fill out this survey. 
Thank you for reading Romania Insider!  

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