Swiss CemIn West acquires 96.6% of Ivano-Frankivskcement
Switzerland-based CemIn West SA has bought a 96.6 per cent in Ukraine’s Ivano-Frankivskcement, according to the target company. The majority holding was bought from Cyprus-ba...
Ukraine
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HeidelbergCement reopens Ukraine factory
HeidelbergCement has reopened its 1.8Mta plant in eastern Ukraine a month after closing it due to pro-Russian rebels in the regions wanting to impose their own agenda on the pr...
HeidelbergCement halts production at Ukraine factory
HeidelbergCement has halted production at its 1.8Mta cement factory in Donetsk, eastern Ukraine after pro-Russian rebels in the regions wanted to impose their own agenda on the...
CRH returns to first-half pretax profit
CRH's first half turnover advanced by four per cent to EUR8,324m and the EBITDA improved by 27.2 per cent to EUR505m. The trading profit jumped from EUR41m to EUR171m and afte...
Morgan Stanley raises Buzzi Unicem rating
Morgan Stanley has raised its rating on Italy's Buzzi Unicem to "overweight" from "equal weight", on a strong upside potential for the cement maker's stock which has underperfo...
Podilskiy Cement names new chief executive officer, Ukraine
Ukrainian cement producer Podilskiy Cement has appointed Sviatoslav Kozlenko as chief executive officer, replacing Semen Darchuk. In addition, the supervisory board has elect...
Mykolaivcement posts 2013 loss, Ukraine
CRH group company Mykolaivcement reported a loss of UAH63.234m (EUR4m) for 2013, with net revenue down by 10 per cent, or UAH61m, to UAH538.8m. In 2012, the Mykolaiv-based com...
HeidelbergCement Ukraine appoints two supervisory board members
HeidelbergCement Ukraine (Dnipropetrovsk region), has appointed two members of the supervisory board, according to a company statement. Wolfram Gaertner and Robert Breyer have...
Ukraine: cement output in November jumps 16.2%
Cement production in Ukraine in November 2013 increased by 16.2 per cent YoY to 816,000t, while in the previous month the decline was 2.2 per cent compared to October 2012, the...
Ukraine: Eurocement deliveries edge up in 1H13
Eurocement Ukraine increased its deliveries by 2.1 per cent YoY to 0.697Mt in the first half of 2013. In addition, the company has enjoyed a steady increase in its bagged cemen...