Romania: sales and profits increase
For the year 2015 three major cement producers in Romania saw an increase in both sales and profits. Holcim Romania increased its sales by 15 per cent in 2015, achieving a t...
Crh
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Romania: CRH Ciment sees profits rise 40% in 2015
The Romanian subsidiary of CRH, CRH Ciment, has released performance figures for 2015, reports Romania Insider. CRH Ciment saw turnover reach EUR189m (US$211m) in 2015, up 2...
CRH interested in HeidelbergCement US and Belgian units
CRH has expressed an interest in acquiring HeidelbergCement’s US and Belgian assets. The Germany-based company is expected to divest in such units to comply with the requiremen...
CRH 1H16 earnings to reach US$1.1bn driven by US and Asian markets
In its earnings statement for 1Q2016, CRH predicts that EBITDA will rise to EUR1bn (US$1.1bn) driven by growth in the United States and the Philippines. This is around five per...
CRH faces investor opposition over CEO pay
Institutional Shareholder Services (ISS) has told investors in CRH to vote against the remuneration plan for Albert Manifold, the firm’s chief executive, according to reports b...
Ireland: cement firms make windfall profits from ETS permits
CRH, Lagan Cement and Quinn Cement have together made EUR128m (US$145m) through the sale of permits under the EU emissions trading scheme (ETS). On Sunday, the Irish Indepe...
CRH boss Ireland’s best-paid CEO
Albert Manifold, chief executive of CRH, is Ireland's best-paid CEO, earning EUR5.53m a year (US$6.25m) according to a survey by the Sunday Independent. Mr Manifold earns ov...
Ten bidders chase LafargeHolcim Indian assets
The sale of LafargeHolcim's Indian operations has attracted considerable interest, with the company having received bids from 10 groups interested in buying the assets. Acco...
CRH outlook improves with construction activity
Strong American and European construction activity has prompted JP Morgan Cazenove to hike its rating on cement maker CRH. The investment bank upgraded the London-listed group'...
Ireland: dawn raid on CRH breached CCPC's warrant
A "dawn raid" last year at CRH's Irish Cement plant in Drogheda, by state investigators investigating alleged breaches of competition law, breached the terms of the warrant...