Cement News tagged under: Bosnia
HeidelbergCement: July '1203 August 2012, Published under Cement NewsThe Bosnian HeidelbergCement subsidiary Tvornica Cementa Kakanj is expecting a volume reduction of between 10-14 per cent this year. This would take consumption down to 40 per cent below the level seen in 2008. Domestic deliveries are expected to be some 15 per cent down on last year. Around 12 per cent of production is now exported, mainly to Croatia. HeidelbergCement's 1H turnover rose by 9.8 per cent to €6580.4m, while the EBITDA only advanced by 0.8 per cent to €911.6m as energy cos... |
Tvornica Cementa Kakanj forecasts 10-14% drop in in revenues, Bosnia27 July 2012, Published under Cement NewsTvornica Cementa Kakanj (TCK), the Bosnian unit of HeidelbergCement expects to post a 10-14% drop in cement sales volume this year as conditions on the local market and the fallout from the eurozone crisis continue to weigh, a senior company official said. Cement sales are seen at around BAM64m (EUR32.7m) in 2012, TCK's general manager for Bosnia and Herzegovina and Croatia, Branimir Muidza, told SeeNews in an emailed interview. "On the backdrop of the existing economic environment, our ... |