Baltsem increases cement production

Baltsem increases cement production
Published: 19 June 2006

In May 2006, the Baltsem plant (Balakliya, Kharkiv region), majority-owned by the Russian Eurocement Group, increased cement production by 69.6 per cent or 113,000t, compared to May 2005, to 275,400t.  Baltsem, which is registered as open joint-stock company, ended the year 2004 with a loss of UAH 27.3 million, having increased its net revenues by 25.1 per cent or UAH 48.773 million to UAH 243.33 million, compared with 2003.