Croatian Holcim increases market stake in 2012

Croatian cement producer Holcim has reported that it managed to increase its market stake in 2012 by 0.5% compared to 2011, in spite of overall drop in demand by 14%. The concrete segment registered an increase of 6%, while its aggregate segment registered a positive financial result. Holcim's president, Mario Grassl, said that its operative loss reached HRK 19 million (about €2.5 million). Overall activity on the Croatian market dropped by 13%,although the company is expecting growth in 2013. He said that
February 26, 2013

Croatian cement producer 680 Holcim has reported that it managed to increase its market stake in 2012 by 0.5% compared to 2011, in spite of overall drop in demand by 14%.

The concrete segment registered an increase of 6%, while its aggregate segment registered a positive financial result.

Holcim's president, Mario Grassl, said that its operative loss reached HRK 19 million (about €2.5 million).

Overall activity on the Croatian market dropped by 13%,although the company is expecting growth in 2013.

He said that the three segments, concrete, aggregate and cement, will be united under a management director.

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