Ulyanovskcement, part of Eurocement Group, located in Volga Federal District, dismissed 236 employees or 31.5% of the staff, by mutual agreement of the parties between November 2015 and January 2016. The reason for the redundancy is decrease in demand for cement. Currently the workforce of the company consists of 514 employees. The company reported that it produced 1.35 million tonnes of cement in 2015, which is 20.6% less than in 2014.
Ulyanovskcement, part of Eurocement Group, located in Volga Federal District, dismissed 236 employees or 31.5% of the staff, by mutual agreement of the parties between November 2015 and January 2016.
The reason for the redundancy is decrease in demand for cement.
Currently the workforce of the company consists of 514 employees.
The company reported that it produced 1.35 million tonnes of cement in 2015, which is 20.6% less than in 2014.
