Ukraine: Volyn Cement net loss widens

Ukraine: Volyn Cement net loss widens
Published: 23 February 2015


Volyn Cement reported a net loss of UAH456.7m (US$16.3m) for 2014, compared to a loss of UAH46.9m during the year before.

The Dyckerhoff subsidiary's assets came in at UAH1.14bn on 1 January 2015, long-term liabilities reached UAH1.17bn and current liabilities totalled UAH155.3m. Total receivables amounted to UAH 46.9m at the end of 2014, according to the report.

Volyn Cement operates an integrated cement works in Zdolbuniv, Rivne region.