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Company News

3.02.2020


The EUROCEMENT group demonstrated sustained growth in 2019: cement output at the group's Russian companies reached 16.5 million tonnes. This indicator was up 14.5% on the previous year, with the company's output growing 2 times faster than the market. In 2019, EUROCEMENT group products led the market in rail transportation of cement, with a total share of 37%. The group's Mordovcement subsidiary shipped the largest amount of cement by rail in Russia, while Maltsovsky Portlandcement became the leading exporter of cement by a large margin.


'In 2019, after 4 years of falling demand, we saw the market begin to recover and grow at about 8%, with total sales nearing 58 million tonnes. The fact that the EUROCEMENT group managed to take advantage of this new trend was a result of a large-scale development programme, which included investments in product quality and product range, convenience of customer service and production efficiency, which we've been implementing at our production company with great success', noted EUROCEMENT group President, Mikhail Skorokhod.

In 2019, the EUROCEMENT group implemented a major renovation and upgrade programme across all of its production companies, the key goal of which was to improve product quality and expand product range, improve the efficiency and consistency of production processes, and develop customer service. Measures were also implemented as part of the programme to minimise the negative environmental impact, boost energy efficiency, and increase productivity. In one year, the group allocated more than RUB 7 billion for these programmes.


The largest investment projects implemented by the group included the construction of an in-house power plant at the Kavkazcement production site (over RUB 1.3 billion in investments), the renovation of the mills at Katavsky Cement, Mikhalovcement, Pikalevsky Cement and Kavkazcement (over RUB 1.2 billion in investments). Production sites are modernising the main production equipment, energy equipment, transport and logistics infrastructure, ventilation systems. The group is fast building a new production site in Uzbekistan, with total investments in the project amounting to USD 200 million.

An important development was the decision to expand the product range and bring to market a number of new in-demand products, first of all additive cements. Thanks to targeted support from the EUROCEMENT group, its clients get to choose optimal solutions for using the company's products in their projects.

One confirmation of the high quality of EUROCEMENT group construction materials was the company's participation in 2019 in the implementation of major industrial facility construction projects, including facilities for major oil, gas and metal production companies, residential (major projects implemented by key developers) and infrastructure facilities, such as airports, metros, bridges, federal highways and others.


In 2019, the EUROCEMENT group reorganised all of its logistics units into a single company called Eurocement Transport Solutions, which ensured uninterrupted deliveries of products in peak construction season.

In 2020, EUROCEMENT group companies will continue delivering construction materials to customers on time, guaranteeing top product quality and offering customer support in resolving issues faced by our partners.