Russia-based Novoroscement increased its cement plant revenues by 46% up to €282.09million (RUB 11.6bn) in 2011, compared to 2010. Net profits rose more than three times 2010 levels to €80.2million (RUB 3.3bn).
June 28, 2012
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Russia-based 3665 Novoroscement increased its cement plant revenues by 46% up to €282.09million (RUB 11.6bn) in 2011, compared to 2010. Net profits rose more than three times 2010 levels to €80.2million (RUB 3.3bn).
Russia-based Novorocement has announced it has agreed to buy Inteco's cement plants in Atakaycement and Verkhnebakansky. The value of the deal has been estimated to be worth €137million.