Cementir reduces debt but also net profit
Cementir Holding's turnover in 2015 recovered by 2.2 per cent to EUR969.0m, but EBITDA emerged just 0.8 per cent ahead at EUR194m. The trading profit, however, declined by 6.3 p...
Italy
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Cementir given antitrust approval for Sacci deal
The Italian Antitrust Authority has approved Cementir’s offer to purchase Sacci Spa's cement and ready-mix concrete business divisions.
Buzzi Unicem preliminary figures show revenues rise 6.2 per cent in 2015
Buzzi Unicem’s preliminary results for 2015 show a 6.2 per cent rise in revenues to EUR2662m from a year earlier. Thanks to the strengthening of the dollar, which was partly off...
Cementir outbids Buzzi to buy Sacci
Shares of Italian cement group Buzzi Unicem fell after Cementir outbid its offer for the cement and ready-mix concrete business units of the Italian group Sacci SpA. Sacci has d...
Anti-trust authority approves Buzzi deal
Italy's Antitrust Authority has approved Buzzi Unicem's offer to purchase the SACCI business unit and informed the Italian cement producer that it will not to open an investigat...
Cementir Board announces forecasts for 2016, new organisational structure
Cementir Holding SpA's Board of Directors has approved the forecasts for the year 2016 and a new organisational structure for the group.
Italy: price fixing probe opened
Italy's antitrust authority has opened a probe into four cement makers for alleged price fixing, it said in a statement on Thursday. The companies under investigation include Bu...
Estanda completes ball mill water injection system for Buzzi, Italy
At the end of October 2015, Estanda completed the installation of a water injection system for a 3.8m diameter ball cement mill for the Buzzi Unicem group (Italy). This project ...
Buzzi boosted by strong US performance
Buzzi Unicem's turnover for the first nine months improved by 5.2 per cent to EUR1998.1m while EBITDA rose by 16.4 per cent to EUR352.1m. The trading profit was ahead by 52 per ...
Cementir: good Nordic & Malaysia results
Cementir's turnover for the first nine months of 2015 edged ahead by 0.7 per cent to EUR719.7m as good Nordic and Malaysian performances offset the weakness experienced in Turke...