Cement News tagged under: Cyprus Cement Co

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Cyprus: Vassiliko Cement does not expect strategy change

05 July 2016, Published under Cement News

Cyprus’s Vassiliko Cement Works Plc Ltd said HeidelbergCement AG is now in control of almost 26 per cent of the Cypriot cement company's voting rights after it acquired a controlling stake in two of its major shareholders. HeidelbergCement directly and indirectly owns 45.5 per cent of Italcementi, which in turn is the owner of of Compagnie Financière et de Participations and Italmed Cement Co, which own 9.7 and 16.3 per cent of Vasiliko shares, respectively, reports Cyprus Business Mail....

Cyprus Cement to examine restructuring plan

08 October 2012, Published under Cement News

The Board of Directors of Cyprus Cement Company Public Ltd announces that it will meet on Wednesday, October 17, 2012 to examine the restructuring plan of the existing corporate structure of the Group to create a more flexible group, reflecting the sectors in which it is actively involved.