Ukrainian producer profit

Ukrainian producer profit
Published: 06 July 2006

Urkainian producer Mykolaivtsement ended 2005 with a net profit of UAH 21.98m, increasing net revenues by 28.4 per cent or UAH 44.42m, compared to 2004 to UAH 201.07m.  
 
Meanwhile, Dontsement based in the Donetsk region)ended 2005 with a net profit of UAH 15.14m. 
The company increased net revenues by 32.8% or UAH 49.32m, compared to 2004 to UAH 199.66m. 
 
The plant has six kilns and produces about 2Mtof cement. In December 2005, German HeidelbergСement via its Dutch affiliate CBR Portland BV purchased Dontsement from Ukraine company.