Ukraine cement producers report losses in 2012

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Ukraine: Volyn Cement has reported a loss of Euro2.86m for 2012. It recorded a net profit of Euro1.75m in 2011. The company based in Zdolbuniv, Rivne region, saw its net revenue remain stable at Euro62.8m. Multinational cement producer Dyckerhoff owns 98.4% of the shares in Volyn Cement.

Podilskiy Cement has reported a loss of Euro9.6m for 2012. The Khmelnytskyi region-based cement producer saw net revenue rise by 31.2% to Euro92.8m in 2012. Podilskiy Cement's plant has six kilns with a production capacity of 3.7Mt/yr. The business is controlled Ireland's Cement Roadstone Holdings.

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