Buzzi sells its operations in Ukraine and Slovakia
Published by Sol Klappholz,
Assistant Editor
World Cement,
Buzzi Spa has announced that it has reached an agreement for the salve of some of its Eastern European operations to CRH, a leading building materials company, for a total of €100 million.
The sale covers the company's operations in Ukraine and a ready-mix concrete plant in Eastern Slovakia.
In Ukraine, Buzzi has two full-cycle cement plants, located near Rivne (north-west) and Nikolajev (south).The production units are flanked by two terminals for the distribution of cement. The group is also active in the ready-mix concrete sector in Kiev, Odessa, and Nikolajev.
Buzzi shares closed down 0.4% at €22.48 per share on Tuesday.
Read the article online at: https://www.worldcement.com/europe-cis/21062023/buzzi-sells-its-operations-in-ukraine-and-slovakia/
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