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News Holcim Azerbaijan

Displaying items by tag: Holcim Azerbaijan

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Holcim Azerbaijan’s sales and profits drop in 2020

28 September 2021

Azerbaijan: Holcim Azerbaijan recorded sales of US$59.2m in 2020, down by 16% year-on-year. Turan Information Agency News has reported that the producer’s net profit was US$24.5m, down by 23%. During the year, the company reduced its debt by 14% to US$67m from US$78m.

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Holcim Azerbaijan begins cement exports to Georgia

14 July 2021

Azerbaijan: Holcim Azerbaijan has exported its first of planned regular weekly shipments of cement to Gerogia. The Azer News newspaper has reported that transport partner ADY Express, a subsidiary of Azerbaijan Railways, will carry out the orders. It has allocated 50 train cars to make the trip four times monthly, resulting in total shipments of 15,000t/month.

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Holcim Azerbaijan participates in National Green Marathon

07 April 2021

Azerbaijan: Holcim Azerbaijan, part of Switzerland-based LafargeHolcim, has launched its participation in the Azerbaijan Ministry of Ecology and Natural Resources’ National Green Marathon with the planting of 1000 trees at its Garadagh cement plant. Turan Information Agency News has reported that the initiative aims to plant 1 million trees nationally in 2021.

Technical director Ali Huseynov said, "We have a common goal and value - sustainable development. We should apply principles of sustainability in each work and in every step. We are ready to demonstrate our best practices in environmental protection.” He added, “Our work is not over. We should also care for these trees and install an irrigation system. For this purpose, the work necessary for treatment and use of the wastewater in the irrigation system has started, and with this we can save clean water, contributing to the environmental protection."

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Staff changes at LafargeHolcim Russia and Holcim Azerbaijan

10 February 2021

Azerbaijan/Russia: Holcim Azerbaijan has appointed Khalid Samaka as its chief executive officer (CEO). Previously he worked as the technical director at LafargeHolcim Russia since 2017.

Samaka has been succeeded as technical director at LafargeHolcim Russia by Artur Buzyurov. Previously he was in charge of cement plants in Kolomna and Voskresensk. He has worked for the company since 2001.

Published in People
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Holcim Azerbaijan executives receive threatening messages

18 March 2020

Azerbaijan: An unidentified sender has threatened executive board members of Switzerland-based LafargeHolcim subsidiary Holcim Azerbaijan and their families. Turan Information Agency has reported that an alleged assault was perpetrated against a non-Azerbaijani manager of the company. Holcim Azerbaijan said, “Apparently the transparent activity of our company interferes with the interest of criminal forces.” Law enforcement authorities have launched a full investigation.

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Holcim Azerbaijan launches Unkial cement product

08 April 2019

Azerbaijan: Holcim Azerbaijan has launched Unkial, a cement product offering water resistant properties in the concrete it makes. The product is being targeted for general usage, according to the Turan Information Agency. Production of the new product will meet local demand.

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LafargeHolcim increases stake in Holcim Azerbaijan

01 October 2018

Azerbaijan: LafargeHolcim has increased its stake in Holcim Azerbaijan to 76% from 66%. The move followed the decision by the European Bank for Reconstruction and Development (EBRD) to sell its 10% equity stake in the cement producer, according to ABZ News. Remaining shares in company are held by individual shareholders.

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Holcim Azerbaijan launches Spesial Cement product

07 June 2018

Azerbaijan: Holcim Azerbaijan has launched its Spesial 400 Cement product. The general-purpose cement product is intended for mid-strength concrete applications. It follows the launch of the Optimal 300 product in 2017.

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New Director General for Holcim Azerbaijan

29 November 2017

Azerbaijan: Frederic Guimbal was appointed director general of Holcim Azerbaijan OJSC. Guimbal took up his duties in October, replaced Rossen Papazov in this post. Prior to this role, Guimbal served as CEO of Holcim India.

Published in People
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European Bank for Reconstruction and Development declines to increase share in Holcim Azerbaijan

24 August 2017

Azerbaijan: The Board of Directors of the European Bank for Reconstruction and Development (EBRD) has declined to increase its participation share in the capital of Holcim Azerbaijan to 20%. No reason for the refusal has been disclosed. The bank currently holds a 10% share in the cement producer, according to Trend News Agency. The EBRD has been considering increasing its share in the cement producer since mid-2016. It said that it would continue its support in the development of Azerbaijan’s non-oil sector. Holcim Azerbaijan’s main shareholder is LafargeHolcim. It owns a 66% of the company. The bank expects government infrastructure projects to pick up the sector in the medium to long term.

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