Russian company buys Uzbek cement plant

Russian company buys Uzbek cement plant
Published: 11 September 2006

The Russian company Eurocement Group has bought the Ohangarontsement joint-stock company, the second largest cement producing plant in Uzbekistan, the Vedomosti (Russian) newspaper reported on 21 August. The company’s representatives told our newspaper about this. The administration of the Ohangaron town also confirmed this.

Sergey Marchenko has already been appointed its director-general, the newspaper reported. The paper did not cite any details of the deal. The main shareholders of the Ohangarontsement joint-stock company were the Uzbek-US joint venture Bentonit (with 49.9 per cent of shares) and the USA’s Zeromax with 25.6 per cent of the shares.