Pro BCA (Pro ACC) Association, controlling around 70% of themarket, accuses banks of coming up with exaggerated demands whenthey lend money to firms in the industry, while the government hasturned into their most reliable client. "The state last year took15bn euros from banks and thus became the most steadfast client andthis indirectly led to a halt of lending to the economy (...),"says Nicolae Dusu, chairman of the association and also chairman ofCelco Constanta, a 25m-euro business. Producers also ask for thebenchmark interest rate to be cut by 1.5% by the start of thesecond half. "We consider this interest level is absolutelynecessary to really reboot lending to firms, a fundamental premisefor resuming economic growth," states Marius Marin, executivedirector of Pro BCA and CEO of Macon-Simcor group, a 63m-eurobusiness. Producers say this year is set to be more difficult than2009 because the masonry (brick and aircrete) market will furtherdecline by 10%, after plunging by 30% in 2009. One of theconsequences may be a major producer's filing for insolvency.
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