Cement News tagged under: Holcim Croatia

RSS feed

Holcim Croatia acquires Readymix Croatia

15 October 2019, Published under Cement News

Holcim Croatia has acquired Readymix Croatia and is expected to invest in a newly-acquired quarry site following the transaction. Although the financial details of the deal were not released, the company noted that it is its fourth quarry in the domestic market. The quarry site in Vranje, Lupoglav, is strategically located due to construction projects that will take place in this area over the coming years, including the construction of the Istrian Y, the second tunnel tube through Učka, a...

Holcim Croatia posts operating loss amid challenging market conditions

21 February 2013, Published under Cement News

Holcim Croatia posted an operating loss of around HRK18.8m (EUR2.5m) last year as the domestic cement industry continues to face difficulties, and the near-term outlook for demand growth remains negligible. "The negative trends that have gripped the construction sector in the past four years and the problems with the collection of claims because of the generally poor liquidity in the country strongly influenced Holcim Croatia's business last year," SeeNew quoted Holcim Croatia CEO Mario G...

Flat outlook for Croatian cement in 2012

06 April 2012, Published under Cement News

Revenues for Holcim Croatia will remain flat in 2012, the company’s CEO, Mario Grassl, said in a recent interview, according to a report by SeeNews. “Based on data of the Croatian Bureau of Statistics, the number of finished residential construction projects in 2011 was around 23% lower than in 2010. Looking ahead, there are no major projects that could be realistically expected to get underway in the next six months. Therefore we expect demand this year to stay at the 2011 level with con...