RATM Group to set up cement holding

RATM Group to set up cement holding
Published: 06 July 2007

The owner of the RATM Group, Eduard Taran, is  to set up a new cement holding and construct two new plants in Russia.

The new company RATM-Cement Holding will be headed by former President of Agromashkholding Viktor Belyayev. RATM Group will erect four plants in Russia’s European part and in Kazakhstan with a final capacity of 10Mta.

According to Mr Taran, each of the plants will require investments of EUR200m.