Kunda Nordic Tsement, Estonia, cuts workforce

Estonia's cement producer Kunda Nordic Tsement of HeidelbergCement Group, has reduced output and made 30 employees redundant, citing decline in clinker exports to Russia. CEO Meelis Einstein said the forced need to cut expenditures has had a negative impact on suppliers of support services to Kunda Nordic Tsement.
June 4, 2015 Read time: 1 min

Estonia's cement producer Kunda Nordic Tsement of 674 HeidelbergCement Group, has reduced output and made 30 employees redundant, citing decline in clinker exports to Russia.

CEO Meelis Einstein said the forced need to cut expenditures has had a negative impact on suppliers of support services to Kunda Nordic Tsement.

Quarry Products

For more information on companies in this article

Related Content

March 6, 2012

Kunda projects price rise

In Estonia, Kunda Nordic Tsement of HeidelbergCement Group, is projecting a price hike in 2012, forced by growing input prices, such as electricity, oil shale, fuels, and other, says CEO Meelis Einstein.

boombox1

Highlighted Content

boombox2