Garadagh Cement not to pay dividends for 2009

Garadagh Cement not to pay dividends for 2009
Published: 27 June 2010

At a recent shareholders meeting Azerbaijan producer Garadagh Cement said it will not to pay dividends for 2009.
 
It said the company had decided not to pay dividends for the past year in connection with of a new dr-process line.
 
Holcim is the company’s key shareholder. The European Bank for Reconstruction & Development Bank and Azerbaijan Investment Company own by 10% in equity capital.