Cement News tagged under: Serbia

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Titan introduces low-carbon cements to southeast Europe

01 February 2023, Published under Cement News

Titan Group has introduced three novel lower-carbon types of cement to the markets of Serbia, Albania and Kosovo, expanding its green offerings to southeastern Europe. In line with Titan group's CO 2 -reduction targets and its commitment to increasing the share of green products in our portfolio to over 50 per cent by 2030, Titan Group is offering its customers construction sustainable solutions. The new cement in Serbia is the first within the group to receive certification under the new E...

Serbian cement industry faces fuel challenge

22 April 2022, Published under Cement News

Serbia’s cement industry is being considerably impacted by the Russia-Ukraine war as the sector depends on high-calorie coal imports from both Russia and Ukraine for more than 50 per cent of its fuel requirement. Moreover, the alternative fuels used by the industry are insufficient to safeguard business continuity, particularly in the currently expanding market. The supply chains from Russia and Ukraine have almost stopped, presenting a serious challenge to the industry, according to Associ...

EBRD mulls loan to Lafarge Serbia

12 November 2012, Published under Cement News

The European Bank for Reconstruction and Development (EBRD) said on Friday it is considering providing EUR58m (US$75m) in financing to Serbian cement producer Lafarge Beocinska Fabrika Cementa to support its capital expenditure programme. The programme includes the development of a number of energy efficiency investments, further modernisation of production facilities, environmental enhancements, and targeted acquisitions and integration of aggregates businesses with its main cement operati...

Serbian Holcim appoints new CEO

09 November 2012, Published under Cement News

Holcim Serbia has appointed Romanian national Claudiu Soare as its new CEO, Holcim said in a statement. Soare takes over the position from Gustavo Navarro. Soare has been a member at Holcim Romania team since 2000 and afterwards appointed as a project manager at Holcim Services Europe, the Middle East and Asia in Madrid, Holcim said.

IFC invests in Titan's operations in Western Balkans

27 June 2012, Published under Cement News

Titan Cement announced the completion of a EUR50m equity investment by the International Finance Corporation (IFC) in Titan’s subsidiaries in the Western Balkans region including Macedonia, Serbia and Kosovo. The transaction results in IFC holding, through Titan Cement Cyprus, a minority stake of approximately 11.5 per cent in Titan’s operations in the aforementioned countries. The Greece-based cement producer said in a statement: “The collaboration in the region with an institution su...