Akcansa Cimento appoints new general manager
Akçansa Cimento , a joint venture between Sabancı Holding and Heidelberg Materials , has appointed Vecih Yılmaz as its new general manager. Mr Yılmaz replaces Mehmet Zeki Kan...
Eastern Europe
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European construction outlook revised down for 2023
The outlook for Europe in 2023 remains challenging and unpredictable after a better than expected 2022, according to CIC Market Solutions. Citing recent data from Euroconstruct...
Cement imports from Belarus threaten Russian production
Rising imports from Belarus may hit cement production in Russia, according to the real estate office of the RIA Novosti agency. Cement imports from Belarus have increased by 61...
Aumund supplies second kiln line at Medcem Madencilik
Germany’s Aumund Fördertechnik GmbH is supplying 41 machines for a new kiln line at the Medcem Madencilik cement plant in Silifke in the Turkish province of Mersin. The Aumun...
Turkish ambitions
After a challenging 2021, the Turkish cement sector is preparing for more hopeful times ahead with domestic sales expected to be supported by new investments from the 2H22. The...
Usje posts 41% net profit drop in 9M22
Cementarnica Usje , the North Macedonian subsidiary of Titan, reported a drop in net profit by 41 per cent to MKD621.2m (US$9.9m) in the first nine months of 2022 when compare...
Steppe Cement CEO increases share
The family of Javier del Ser Perez, chief executive officer at Kazakhstan’s Steppe Cement , has increased its share in the company. Following the purchase of 300,000 ordinary ...
Steppe Cement reports 9% increase in revenue in 3Q22
Kazakhstan's Steppe Cement Ltd has posted a nine per cent YoY increase in revenue in the 3Q22. Revenue came in at KZT13,071m (US$27.7m) compared to KZT12,045m in the same per...
Saxlund Group announces east European distribution agreement
Saxlund Group has signed signing of an official agency agreement to promote Saxlund products and services in Romania with Bucharest-based Room industrial Solutions, one of the ...
Steppe Cement sees 65% surge in 1H post-tax consolidated profit
Steppe Cement has announced a consolidated profit after tax of US$10.2m for the six months ended 30 June 2022, up 65 per cent YoY. The Kazakstan cement producer’s gross mar...