Latvia's cement producer Cemex posted a turnover of €88 million in 2013, which was up by 3.1% from 2012. The company generated a gross profit of €28 million in 2013 compared to net loss of €14.09 million in 2012 (mainly due to capital investments into its Broceni cement factory). Investments in 2013 reached €326 million.
Latvia's cement producer