Uruguay: Ancap to reduce staff by a third
Ancap will reduce its number of employees by a third, according to the Uruguayan cement producer’s President, Marta Jara.
Uruguay
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Uruguay: Ancap to make further production cuts
Ancap is expected to make cuts in overtime, security and cleaning personnel to move the company's results closer to the black while keeping both plants at Minas and Paysandú ope...
Uruguay: government-owned plants losing money
Uruguay's budget deficit reached four per cent of GDP during 2016, equivalent to US$2.043bn, the worst performance since 1989, according to the latest figures released by the go...
ANCAP to shed 200 jobs during its restructuring
While ANCAP is expected to hold onto its three cement units, the restructuring of the company will see the dismissal of 200 personnel.
Uruguay: Ancap to explore export potential
Uruguay’s Ancap Board of Directors has approved a memorandum of understanding with Cimsa to explore over the next 90 days the potential of an alliance that will help Ancap expor...
Uruguay: ANCAP official speaks out about Turkish imports
Artigas González of the Federación ANCAP (FANCAP) and member of the Portland commission of the ANCAP workers guild, said Cementos Charrúa (Cimsa) is currently importing bagged c...
Molins sees net 1Q15 profit up 132%
Spanish cement producer Cementos Molins reported a net profit of EUR15.1m in 1Q15, up 132 per cent YoY from EUR6.5m in 1Q14. Although domestic sales improved by 7.1 per cent, th...
Cementos Molins posts 1Q14 net profit of EUR6.5m
Spain-based Cementos Molins released its first-quarter 2014 results, showing a net consolidated profit of EUR6.5m, up 37 per cent when compared to 1Q13. The group’s domestic com...
Ancap notes record loss for 2013
Uruguay’s Ancap closed 2013 with a record loss of US$150m. The company attributed the result partly to developments
Exports offset domestic losses for Molins
The third-quarter consolidated net profit of Spain’s Cementos Molins fell 65.5 per cent YoY to EUR10.8m. The company’s international subsidiaries enjoyed a profit of EUR43.3m, o...