Global Cement Report
Macedonia
PDFFull Introduction ReportDownload HereThe sole Macedonian cement producer Usje Cementarnica has benefited from stable domestic demand and growing exports, particularly to Kosovo.
Country Research
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Cementarnica Usje 2012 net profit falls, Macedonia
03 May 2013Macedonia’s sole cement producer Cementarnica Usje said its consolidated net profit fell to MKD1.32bn (EUR21.4m) in 2012 from MKD1.92bn a year earlier. Sales revenue fell 18 per cent to MKD3.76bn...
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Cementarnica Usje Skopje net profit falls, Macedonia
01 November 2012Macedonian cement producer Cementarnica Usje Skopje said its nine-month consolidated net profit fell to MKD1.19bn (US$25.1m) from MKD1.56bn a year ago. Operating income declined by 12 per cent t...
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The US recovery is the one bright spot for Titan
30 August 2012Titan’s first half turnover declined by 1.6 per cent to €547.9m and the EBITDA fell by 21.3 per cent to €112.1m, as the cement producer is caught amid a continued downturn it its domestic market o...
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IFC invests in Titan's operations in Western Balkans
27 June 2012Titan Cement announced the completion of a EUR50m equity investment by the International Finance Corporation (IFC) in Titan’s subsidiaries in the Western Balkans region including Macedonia, Serbia...
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Usje Cementarnica 1Q net profit falls 47%, Macedonia
31 May 2012Macedonian cement producer Usje Cementarnica said its consolidated net profit fell 47 per cent YoY to MKD101.8m (EUR1.6m) in the first quarter of 2012. Operating income fell 20 per cent YoY to ...
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Titan suffers from weak domestic market
11 November 2011Titan’s turnover for the first nine months of 2010 declined by 18.4% to €838.9m and the EBITDA came down by 15.5% to €219.8m as the company suffered from weak Greek sales both in terms of domestic ...
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Cimsa mulls new investment
01 November 2010Cimsa is analysing investment conditions for a new cement factory in Macedonia. This was disclosed following a business meeting of Macedonian and Turkish businessmen held in Skopje on Thursday, ar...
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Titan advances in Egypt
28 August 2009Titan’s turnover declined by 10.6% to €683.7m in the first half, while the EBITDA was off by 16.1% to €161.1m and the pre-tax profit fell by 37.2% to €76.8m and the net attributable profit by 48.8...