HeidelbergCement on path to consolidate Italian market
HeidelbergCement's acquisition of Cementir Italy via its Italcementi subsidiary will make HeidelbergCement the Italian leader with a combined market share of around 38 per cen...
Italy
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Italy's Antitrust Authority approves Cementir Italia sale
The Italian Antitrust Authority (AGCM) has approved the sale of Cementir Italia and its subsidiaries Cementir Sacci SpA and Betontir SpA to Italcementi. Following the closin...
Buzzi Unicem reports good performance in Russia, Czech Republic and Italy
Buzzi Unicem's turnover for the first nine months was 6.7 per cent higher at EUR2133.4m, but no EBITDA or other profit numbers have been given this time. Net debt at the end of...
Cementir Holding sees a 32% increase in revenue for 3Q17
Italy-based Cementir Holding reported a revenue of EUR332.4m (US$385.4m) in the third quarter of 2017, reflecting a YoY increase of 32.1 per cent YoY. EBITDA rose to EUR46.5...
Fixing Italy's broken market - consolidation is the key
Like Spain, Italy's cement market collapsed dramatically after the global financial crisis, with cement consumption falling to just 18Mt in 2016 from the 2006 peak of 47Mt. ...
Italian producers to appeal watchdog decision
Buzzi Unicem, Italcementi and Cementir have been fined by the Italian Competition Authority following a probe launched in November 2015 into the existence of alleged anti-com...
Buzzi Unicem’s profit boosted by lower interest costs
Buzzi Unicem's first half turnover improved by 7.3 per cent to EUR1353.8m and EBITDA advanced by 8.4 per cent to EUR241.1m. Group cement deliveries improved by 2.3 per cent to ...
Collaboration with Ecotec Solution fuels Italian expansion for UNTHA
Industrial shredder manufacturer UNTHA has witnessed significant growth in Italy following a collaboration with one of the country’s leading environmental technology specialist...
Positive trends in European construction recovery
The recovery in European construction activity appears to be making progress with improvements being seen in the housing segment in some key markets, while civil engineering ac...
Buzzi completes acquisition of the Zillo Group
Buzzi Unicem has completed the acquisition of the Zillo Group with the purchase of the remaining 52.1 per cent of the share capital of Cementizillo, the Italian cement major co...