The Croatian unit of Holcim Group said on Wednesday it has temporarily suspended the operation of ready-mix concrete plants in Zabok and Bistra in response to the economic downturn.
"The global crisis had a strong impact on the domestic construction industry. [...] Cement consumption on the local market fell 24% in 2009 and there is high probability for a 15% contraction this year," Holcim Hrvatska said in a statement.
Given the current conditions, the management of the company was forced to take concrete measures to adapt to the sharp drop in the number of construction projects in the Zagreb area, which has the country’s highest rate of consumption of building materials, the statement said.
Holcim Hrvatska said it is also cutting the weekly working hours in its concrete division to 35, giving no timeframe.