The amount is part of a broader assistance program of 16.5 million lei (€4 million) that will be implemented during March 3, 2010 – May 11, 2011 at Carpatcement Holding, Bicaz subsidiary – Tasca facility.

The project receives funding from European Regional Development Fund through the Operational Programme “Improvement of the Economic Competitiveness”.

Heidelberg holds three cement production units in Romania, in Bicaz, Fieni and Deva.