Cement News tagged under: Strabag

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Hungarian concrete firms fined EUR9m

09 July 2014, Published under Cement News

Eight ready-mixed concrete companies and the Hungarian Concrete Association were fined a total HUF2.79bn (EUR9m) for setting prices and colluding on market share by the country’s competition office, the Gazdasági Versenyhivatal (GVH). The GVH said the cartel activity took place between 2005 and 2007 and cited the fact that meetings were held in high secrecy as an aggravating factor. The following fines, which include some cement producers with downstream ready-mix businesses, were imposed...

Strabag announces new CEO

28 June 2012, Published under Cement News

Contractor Strabag has announced that Thomas Britel will become CEO in 2014 as part of the group’s restructuring of its management board and organisation. Hans Peter Haselsteiner is resigning as CEO, with current management board member Mr Birtel his appointed successor due to take the helm in June 2014. Deputy CEO Fritz Oberlerchner will also resign from the management board effective 30 June, 2012. He will then lead a task force which will evaluate Strabag's organsiational and strate...

Cemex wins arbitration over sale of some European assets

13 June 2012, Published under Cement News

Cemex said Monday that an arbitration court has ordered Austria's Strabag SE pay Cemex EUR30m plus interest and other costs after the European company pulled out of a 2008 agreement to buy Cemex assets in Austria and Hungary. C emex said in a filing with the Mexican stock exchange that the International Arbitration Court of the International Chamber of Commerce ruled on May 31 that Strabag's termination of the agreement was invalid, and that the sides were notified on 1 June, according to r...

Lafarge-Strabag complete test runs at new Hungary works

28 February 2012, Published under Cement News

Lafarge and Strabag have successfully completed a test run at their Kiralyegyhaza cement plant in south west Hungary which they completed last autumn, Lafarge Cement Cement Magyarorszag managing director, Frederic Aubet, said at a press conference. The plant can produce around 750,000t of clinker and 1Mta of cement and is expected to reach full capacity in 2-3 years.  Source: EcoNews

Europe’s youngest cement plant

22 November 2011, Published under Cement News

It is rare for a new 1Mta cement works to be constructed in Europe, and Hungary is perhaps not the first place one might expect such a plant to be built. However, Austria’s Strabag identified an opening in the local market and to realise its dream embarked on an ambitious project with participation from China, Europe and Lafarge Cement. Zsófia Zadravecz of Lafarge Cement Hungary  gives a detailed description of the equipment and plant design for Europe's newest cement plant. The...