Eurocement Ukraine has closed 2011 with a loss of UAH46.05m (US$4.3m), the company said in a statement.

Eurocement Ukraine sustained losses of UAH117.474m in 2010, having reduced its net revenue by 9.47% (or UAH123.669m) to UAH 1182.794m compared with 2009.

The company is a part of the Eurocement Group of Russia.

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