Holcim Croatia to invest HRK9.6m in low-carbon cement
Holcim Croatia will invest HRK9.6m (US$1.5m) in a project to develop low-carbon cement production. Around 35 per cent of this amount will be a HRK3.3m grant from Innovation Norw...
Central Europe
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Lafarge Poland's Malogoszcz plant modernisation set to begin
The foundation stone for Lafarge Poland's Małogoszcz plant modernisation has been ceremonially laid, which signals the beginning of construction of a new rotary kiln. Małogoszcz...
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 domes...
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 per...
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 tax ap...
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 p...
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 th...
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 cen...
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 t...
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 r...