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Eurocement posts nearly €20million profits

Despite a downturn in the market, Russia’s Eurocement has posted a net profit for 2009 after recording a small loss in 2008. The company has reported net profits of RUB781million (€19.8million) despite a fall in revenue to rUB36billion, compared to RUB62billion in 2008. The company produced 15.43million tonnes of cement in 2009 and currently has capacity to produce 38million tonnes per year.
April 3, 2012 Read time: 1 min

Despite a downturn in the market, Russia’s 3704 Eurocement has posted a net profit for 2009 after recording a small loss in 2008. The company has reported net profits of RUB781million (€19.8million) despite a fall in revenue to rUB36billion, compared to RUB62billion in 2008.

The company produced 15.43million tonnes of cement in 2009 and currently has capacity to produce 38million tonnes per year.

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