Czech Republic sees domestic sales up 4% in 2020
The Czech Republic’s cement output declined 1.2 per cent YoY to 4.51Mt in 2020, which was still the second-highest level since 2008, according to preliminary data. Overall dome...
Central Europe
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Cementarnica Usje sees 17% rise in profit
North Macedonia’s Cementarnica Usje has seen a 17 per cent YoY rise in net profit to MKD686.8m (US$13.2m) in the first half of the year, while operating revenue increased 18 pe...
Hungary levies excess-profit tax on construction material producers
Hungary's government has levied a 90 per cent excess-profit tax on some producers of construction materials from 9 July, in an effort aimed at curbing surging prices. The ta...
Lafarge Cement sees record sales in 2020
Despite the coronavirus pandemic in 2020 Czech-based producer Lafarge Cement reported a nine per cent YoY rise in sales to CZK1.55bn (US$72.1m) and pretax profit went up by 60...
Nexe Grupa invests in production capacity
Croatia’s Nexe Grupa reportedly invested HRK115m (US$18.6m) last year to boost the production capacity and energy efficiency of its plants, with further plans for development t...
Schwenk to increase stake in Akmenės Cementas
Germany’s Schwenk has received approval to increase its stake in Lithuania's only cement manufacturer, Akmenės Cementas. It was already the majority shareholder at 50.42 per ce...
Polish cement association calls for protective measures
he Polish cement association has called upon the government to support protective measures such as the border protection mechanism (CBAM) to enable the cement industry to meet ...
Cementarnica Usje reports 5% rise in profit
North Macedonia's Cementarnica Usje (Titan group) has reported a 5.1 per cent YoY decline in net profit to MKD182.1m (US$3.6m) in the first quarter of 2021. However, operating ...
Polish cement association highlights challenges ahead
From 2021 Poland’s cement industry is facing new challenges as it embarks on a three decade-long transformation towards climate neutrality by 2050, according to the Polish Ceme...
Hranice sees 12% increase in 2020 profit
Czech cement producer Cement Hranice, owned by Germany-based Dyckerhoff AG, saw its profit rise 12.1 per cent YoY to CZK561.5m (US$26.2m) in 2020 on sales of CZK1.797bn, up 1.2...