Cement News tagged under: Czech Republic
Czech Cement Hranice sees 6% YoY sales rise in 201730 April 2018, Published under Cement NewsCement Hranice reported a 6.3 per cent YoY sales increase to CZK1.569bn (US$74.6m) in 2017 from CZK1.476bn in the previous year. The Dyckerhoff-owned Czech producer supplied product with a value of around CZK1.12bn of sales to the domestic market and a further CZK450m represented exports, according to the Czech News Agency. "The year 2017 was characterised by a growth in the volume of sales both in the Czech Republic and Slovakia. The Czech construction sector continued growing, and than... |
Cement Hranice sees sales and profits rise in 201629 June 2017, Published under Cement NewsDyckerhoff-owned Cement Hranice reported a one per cent rise in sales in CZK1.476bn (US$0.064m) in 2016. Net profit of the Czech cement producer advanced from CZK410m to CZK424m, according to the company’s annual report. Board Chairman, Jaromir Chmela, reported a moderate sales volume increase in the Czech Republic and Slovakia. "The Czech construction sector reported a mild recovery again, which had a positive impact on our company's results," he said. In addition, the warmer winter wea... |
Lafarge reports higher sales from Czech operations01 June 2017, Published under Cement NewsLafarge Cement's sales increased by nearly two per cent YoY to CZK992m (EUR37.6m) in 2016. The company expects a moderate growth or stagnation of the Czech market for this year, according to company spokeswoman Milena Hucanova. The results benefitted from an increase in local consumption, Ms Hucanova told CTK Business News. Full-year net profit amounted to CZK206m, up by 23 per cent YoY. The rise in net profit was also influenced by cost savings in terms of materials and energy consum... |
Czech investment in west Afghanistan plant project28 March 2017, Published under Cement NewsA Czech company is reportedly set to invest US$70m in the establishment of a cement plant in west Afghanistan, according to Afghan local press. The agreement will be inked in next two months with a Czech firm, according to Sirus Alaf, an Afghan presidential economic adviser. The 1600tpd plant, to be built in the Zenda Jan district, will also aim to attract investment from Afghanistan’s private sector, the report added. “It will transform the future of Afghanistan especially southwester... |
Lafarge expects modest Czech sales growth10 June 2015, Published under Cement NewsLafarge Cement sales rose by five per cent in 2004 to CZK965m (EUR35m) due in part to a revival of domestic construction activity. Profit from operations soared by 53 percent to CZK179m. The growth is attributed to rising sales, an extraordinary revenue from the sale of carbon credits and operating savings, spokesperson Milena Hucanova told CTK Business News. The company, which operates the 1.2Mta Cizkovice cement works, expects a modest growth in sales this year. Czech cement ... |
Holcim02 February 2015, Published under Cement NewsHolcim completed the purchase of Cemex’ cement and aggregates assets in western Germany along with 59 batching plants in Germany and a further six in The Netherlands, while disposing of its activities in the Czech Republic and two of its Spanish cement works. Holcim is negotiating to sell most of its assets in France and all of its assets in Slovakia, Hungary, Serbia and Canada as well as certain assets in Brazil and the Trident cement works in Montana and certain terminals in the Great L... |
Ceskomoravsky full-year profit hit by low domestic consumption levels28 August 2014, Published under Cement NewsCeskomoravsky Cement, the leading cement producer in the Czech Republic, posted a profit of CZK586m (EUR21.122m) last year, continuing a decline that began in 2009. The wholly-owned HeidelbergCement group company saw sales revenue down by CZK100m to CZK2.68bn, Ceskomoravsky Cement said in its annual report. The decline is attributed to falling domestic consumption which last year was down by six per cent to a record low of 3.2Mt. "The continuing impacts of the economic crisis and abs... |
Czech market declines expected to ease in 201403 March 2014, Published under Cement NewsCement consumption in the Czech Republic is expected to see another fall in 2014, but the pace of decline is set to ease, according to the head of Lafarge Czech Republic. Cement demand in the Czech Republic reached a high of 5.18Mt in 2008, but the onset of the global financial crisis has resulted in five consecutive years of decline and consumption by end-2012 was down to 3.389Mt. Speaking to CTK press, Janusz Miluch, CEO of the Lafarge unit, said that total domestic cement sales dropped ... |
Holcim, Cemex Europe deal to be examined21 October 2013, Published under Cement NewsEU antitrust regulators will assess a bid by Cemex to acquire Holcim's cement operations in Spain following a request from Spanish authorities, the European Commission said. Cemex and Holcim announced plans back in August this year to exchange some assets and combine others in Germany, Czech Republic and Spain to boost profit amid tough conditions in the European construction sector. The Spanish part of the deal involved Cemex and Holcim combining all their cement, ready-mix and aggregate... |
European cement sector: towards greater efficiency30 September 2013, Published under Cement NewsCemtech Europe 2013 has opened its doors to 200 cement industry specialists, gathered together in the magnificent city of Prague, Czech Republic, for three days of intense discussion on achieving the most efficient and competitive operations possible in today’s challenging environment. Jan Gemrich, executive director of the Czech cement association, provides an overview of the current status of the domestic market and advances by the local producers While the eurozone has re... |