Business news from Ukraine

DYCKERHOFF TO CREATE BRANCHES ON BASIS OF VOLYN – CEMENT, YUGCEMENTTO BOOST SALES IN OTHER UKRAINE REGIONS

5 June , 2015  

KYIV. June 5 (Interfax-Ukraine) – Public joint-stock company Dyckerhoff Cement Ukraine (earlier Kyivcement, Kyiv), part of Germany’s Dyckerhoff AG, plans to create branches of Volyn-Cement (Zdolbuniv, Rivne region) and Yugcement (Olshanske, Mykolaiv region).

The company said that the decision was made on June 2 by the company’s supervisory board.

“The economically autonomous structural subdivisions of the public joint-stock company have been created with the purpose of expanding sales markets, boosting sales in other regions of Ukraine,” reads the report.

According to the report, divisions Volyn-Cement branch of Dyckerhoff Cement Ukraine and Yugcement branch of Dyckerhoff Cement Ukraine will be located in Zdolbuniv and Olshanske. They are registered at the addresses of the two plants of Dyckerhoff Cement Ukraine.

Dyckerhoff Cement Ukraine was founded in 1994 via privatization of Kyivinzhcement. The company sells and packages cement made by Volyn-Cement.

Dyckerhoff AG is a member of Buzzi Unicem, which unites cement, concrete, sand and crushed stone producers. Dyckerhoff AG’s core business is the production of cement made at its enterprises in Germany, the United States, Luxemburg, the Czech Republic, Poland, Russia and Ukraine.