HeidelbergCement makes further investment in Russia

HeidelbergCement makes further investment in Russia
Published: 24 September 2008

In mid-September, HeidelbergCement acquired 75.1% of the shares in the Russian company OAO Voronezh Rudoupravlenie. In the Strelitsa quarry, 10km outside the city of Voronezh, the company extracts around 550,000t of clay and 250,000t of silica sand per year through open-cast mining. With a population of around 1m, Voronezh has excellent links to the road and rail network as well as waterways in southwestern Russia. In addition, the Strelitsa quarry is in a strategically favourable location for HeidelbergCement’s activities, between the new cement plant being constructed in the Tula region and the Doncement plant near Rostov, Ukraine.

"We will use the raw materials from the Strelitsa quarry", explains Andreas Kern, Managing Board member responsible for the Central Europe-Central Asia, "to supply the booming Voronezh region. In the next stage, HeidelbergCement will construct a new, modern cement plant with an annual capacity of 1.2Mt in the region."

In Russia, HeidelbergCement currently operates a cement plant and an import terminal near St Petersburg and also produces ready-mixed concrete there. At the beginning of September, another cement terminal in Kaliningrad was commissioned. The construction of a cement plant in the Tula region (around 130 km south of Moscow) will increase the Group’s production capacity by a further 2Mt by the end of next year. In addition, sand and gravel are extracted in Tula.