Cemex to maintain Croatia operations

Cemex says it will be retaining its Croatia operations after the European Commission (EC) decided not to provide the necessary clearance to allow their sale to Duna-Drava Cement Kft, a joint venture owned by HeidelbergCement and Schwenk Zement. Cemex said Cemex Croatia will continue to serve its customers with high quality products and reliable services. The global cement giant’s Croatian subsidiary operates three cement plants, seven concrete plants, two aggregates quarries and a network of maritime and

April 6, 2017 Read time: 1 min

643 Cemex says it will be retaining its Croatia operations after the European Commission (EC) decided not to provide the necessary clearance to allow their sale to Duna-Drava Cement Kft, a joint venture owned by 674 HeidelbergCement and 6519 Schwenk Zement.

Cemex said Cemex Croatia will continue to serve its customers with high quality products and reliable services. The global cement giant’s Croatian subsidiary operates three cement plants, seven concrete plants, two aggregates quarries and a network of maritime and land-based terminals in Croatia, Bosnia-Herzegovina and Montenegro.

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EU to block HeidelbergCement, Schwenk's Cemex Croatia deal

European Commission antitrust regulators are expected to block a HeidelbergCement and Schwenk joint bid for Cemex's Croatian cement works, Reuters reports insiders as saying.

The European Commission competition authority previously said the deal may eliminate a significant player in a concentrated regional market and so boost Cemex Croatia's market power in southern Croatia. This could lead to price hikes in grey cement.

HeidelbergCement and Schwenk plan to buy Cemex Croatia through the Hungarian joint venture, Duna Drava Cement. The deal is worth some $200m.

February 23, 2017

HeidelbergCement appeals EU Commission decision on acquisition of Cemex Croatia

April 5, 2017

EU regulators block HeidelbergCement, Schwenk's Croatian deal

European Union antitrust regulators have blocked a joint bid by HeidelbergCement and Schwenk for Cemex's Croatian business after the companies failed to address competition concerns.

The Commission said the companies' proposal to grant rivals access to a cement terminal in southern Croatia was not sufficient as it only offered a competitor access to a storage facility without existing customers, brands or established access to cement.

May 14, 2018

CEMEX Croatia is active in Montenegro infrastructure boom

Mexican building materials giant CEMEX says its CEMEX Croatia subsidiary is actively participating in Montenegro’s infrastructure boom by supplying building materials for several infrastructure projects, including three mixed-use resorts and a highway. For the Smokovac-Mateševo section of the Bar-Boljare highway—the largest engineering project currently under development in Montenegro—CEMEX has already supplied over 280,000tonnes/cement, and continues to participate in this project. This 41-kilometer-long

October 28, 2022

CEMEX supplies Vertua cement for bridge in Croatia

CEMEX has supplied 37,000 tonnes of cement for constructing the Pelješac Bridge, one of Croatia's most significant infrastructure projects in the past three decades. Nearly all the cement used in the project belonged to CEMEX's Vertua family of lower-carbon products.

The Pelješac Bridge spans a total of 2.4 kilometres and is an integral part of Croatia's transport system, connecting the southern region of Croatia with the rest of the country. For decades, crossing Croatia's territories by land required crossing its border with Bosnia and Herzegovina.