Dontsement to merge with Kryvyi Rih Cement

Dontsement to merge with Kryvyi Rih Cement
Published: 19 May 2008

Ukrainian News reports that Kryvyi Rih Cement is intending to merge Dontsement and Cement of Donbas in Donetsk region. In December 2005, German HeidelbergСement via its Dutch affiliate CBR Portland BV purchased Dontsement from the Ukraine company. CBR Portland BV Also owns 99.964% of the shares in Kryvyi Rih Cement. Dontsement company ended 2007 with a net profit of UAH 201.21 million.