Holcim may move investment to Slovakia

Holcim may move investment to Slovakia
Published: 07 October 2010

Holcim Hungária Zrt may abandon its long held-up project to build a new plant in Nyergesújfalu, west Hungary, and relocate the entire investment to Slovakia, daily Napi Gazdaság reported, without citing a source.

Holcim is still struggling to fend off lawsuits from NGOs and kick off construction of a HUF65bn cement plant in the village. The project was announced in 2008 and slated for completion this year.

Holcim said supplying Hungarian customers was a main priority but declined to comment on rumors that it may move the Nyergesújfalu investment to Slovakia.