21 December 2005
HeidelbergCement strengthens its position in the Ukraine
HeidelbergCement acquired the Ukrainian cement producer Doncement via its Dutch subsidiary CBR Portland BV. The acquisition is still subject to the approval of the antimonopoly authorities.
The wet process cement plant with a current production capacity of 1.6 million tonnes of cement per year is located in the town of Amvrosijevka, in the Donetsk industrial region in the eastern Ukraine. The plant produces Portland and slag cements.
Doncement supplies the market of the Donetsk area and has good access to the neighboring Russian market. With this acquisition HeidelbergCement strengthens its position in the Ukraine where the company has been already operating two cement plants since 2001.