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News Holcim acquires Teko Mining Serbia

Holcim acquires Teko Mining Serbia

Written by Global Cement staff 12 July 2022
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Serbia: Holcim has acquired aggregates producer Teko Mining Serbia. Teko Mining Serbia’s aggregates sales were 2.4Mt in 2021. It employs 150 people across its quarries in Batocina, Ceramide, Ladne Vode and Ljubovija.

Holcim’s Europe, Middle East and Africa regional head Miljan Gutovic said “Teko complements our existing cement and concrete operations perfectly, allowing us to add aggregates and asphalt as part of our integrated offer in this highly dynamic market. I look forward to welcoming the employees of Teko Mining, whose expertise will be invaluable in accelerating our growth, especially in the highly dynamic Serbian market, and will enable us to develop circular solutions to recycle construction and demolition waste in the future.”

Last modified on 13 July 2022
Published in Global Cement News
Tagged under
  • Serbia
  • Holcim
  • Lafarge Beocinska Fabrika Cementa
  • Quarry
  • Aggregates
  • concrete
  • asphalt
  • Teko Mining Serbia
  • circular economy
  • construction and demolition materials
  • market
  • growth
  • GCW565
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