Cement News tagged under: Ukraine

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Ukraine: Yugcement reports 1Q16 losses of US$11.75m

22 April 2016, Published under Cement News

The Yugcement company (Olshanske, Mykolaiv region) reported loss of UAH298.228m (US$11.75m) for 2015, having upped its net revenue by 14.8 per cent or UAH 80.84m YoY to UAH626.167m. As of 2015, assets of the company made up UAH833.98m, current liabilities UAH162.838m and accounts receivable UAH21.336m. Yugcement  cement is a part of the Dyckerhoff Ukraine company managing three plants for cement production and packaging in Ukraine.

Ukraine: Volyn Cement posts 2015 rise in net revenue, but loss deepens

11 April 2016, Published under Cement News

Volyn Cement, one of the top-three producers in Ukraine, posted a 23 per cent rise in net revenue from UAH754.892m (US$29.46m) in 2014 to UAH860.352 in 2015. However, the company reported a loss of UAH504.262m in 2015. In 2014 Volyn Cement reported a loss of UAH455.553m, having increased its net revenue by 12.06 per cent or UAH81.253m YoY to UAH754.892m.

Ukraine: Pushka Cement reports UAH5.8m loss in 2015

21 March 2016, Published under Cement News

Kramatorsk-based Pushka Cement Plant in the Donetsk region of Ukraine has preliminarily reported loss of UAH5.835m (US$219,364) for 2015. The Eurocement Ukraine subsidiary reported a loss of UAH17.178m in 2014. The assets of the company made up UAH 70.195m, receivables UAH 53.927m and current liabilities UAH 0.111m.

HeidelbergCement Ukraine appoints Thiede as board chairperson

12 January 2016, Published under Cement News

HeidelbergCement Ukraine, has appointed Silvio Thiede as chairperson of the board, the company said in a statement published by the Ukrainian News Agency. On 4 January the supervisory board of the company elected Thiede for the period of 11 January 2016-11 January 2019. Ukrainian News earlier reported that on 14 April 2015, the stockholders of HeidelbergCement Ukraine decided to close down the Dnipropetrovsk office and Amrosiivka branches (Donetsk region).

Yugcement re-elects Supervisory Board chairman Zelano

28 July 2015, Published under Cement News

In an extraordinary meeting on 16 July the shareholders of Yugcement (formerly Olshansky cement plant, Mykolaiv region – part of the Dyckerhoff Group) re-elected Paola Zelano to chair its supervisory board for three years, the company said in the press release. Zelano has occupied the post since February 2014. In addition, the shareholders replaced deputy board member Serhii Dzuzyanyi with Karl Heinz Paul Richard Kasch, and re-elected supervisory board member Plack Heiko Otto. As Ukrain...

Volyn Cement reelects Zelano as Supervisory Board Chairman, Ukraine

21 July 2015, Published under Cement News

Volyn Cement has reelected Paolo Zelano to chair its supervisory board for three years, the company said in a press release. In addition, the shareholders replaced supervisory board member Plack Heiko Otto with Karl Heinz Paul Richard Kasch for three years. Buzzi Unicem’s Dyckerhoff subsidiary operates the Volyn works which is situated at Rivne in the west.

Buzzi Unicem returns to a net profit

30 March 2015, Published under Cement News

On a turnover just 0.1 per cent lower at EUR2506.4m, Buzzi Unicem's underlying EBITDA did increase by 7.1 per cent to EUR404.8m in 2014, while at the headline level there was a 4.8 per cent advance to EUR422.7m. Following a 23 per cent reduction in impairment charges, depreciation and amortisation, the trading profit (EBIT) more than doubled from EUR86.5m to EUR178.7m. After a net interest charge 52.1 per cent lower at EUR53.1m, the pre-tax profit jumped from just EUR16.0m to EUR175.6m. A...

Eurocement-Ukraine net loss widens

23 March 2015, Published under Cement News

Eurocement-Ukraine (Kharkiv region) reported loss of UAH258.279m (US$10.3m) for 2014 compared to a loss of UAH 21.1m the year before. Ukrainian News reported that as at late 2014, the assets of the company made up UAH840.956m, receivables – UAH 159.678m, and current liabilities – UAH528.563m.

Ukraine producer widens net loss

12 March 2015, Published under Cement News

HeidelbergCement Ukraine, the local unit of HeidelbergCement AG,  saw its net loss expand to UAH425.4m (EUR18.5m) in 2014 from UAH99m the previous year, the plant said in a statement seen by news agency Ukrainian News on Tuesday. As of 2014, Dnipropetrovsk-based HeidelbergCement Ukraine had two cement production facilities, four ready-mixed concrete plants, five cement terminals, two aggregates and one grinding site in the country.

Ukraine: Volyn Cement net loss widens

23 February 2015, Published under Cement News

Volyn Cement reported a net loss of UAH456.7m (US$16.3m) for 2014, compared to a loss of UAH46.9m during the year before. The Dyckerhoff subsidiary's assets came in at UAH1.14bn on 1 January 2015, long-term liabilities reached UAH1.17bn and current liabilities totalled UAH155.3m. Total receivables amounted to UAH 46.9m at the end of 2014, according to the report. Volyn Cement operates an integrated cement works in Zdolbuniv, Rivne region.