Income tax boost for North Caucasus cement producers

The government of the Karachay-Cherkess Republic, North Caucasus, Russia, has extended the income tax relief period for producers of cement. In 2014, the tax will be 13.5%. The largest cement producer in the region is Kavkazcement (part of Eurocement group).
January 6, 2014 Read time: 1 min

The government of the Karachay-Cherkess Republic, North Caucasus, Russia, has extended the income tax relief period for producers of cement.

In 2014, the tax will be 13.5%. The largest cement producer in the region is Kavkazcement (part of 3704 Eurocement group).

Quarry Products

For more information on companies in this article

Related Content

March 3, 2014

Ruston builds crushed stone plant in Karachay-Cherkess Republic

Ruston builds a crushed stone plant in Urupsky district of the Karachay-Cherkess Republic (North Caucasus). The plant is designed to produce 2.183 million tonnes of crushed serpentinite rock (some 900,000tonnes/year on average).

The plant is scheduled for launch in March 2016. Over 130 new job positions will be created. The project is supposed to make up for the heavy deficiency of hard and extra-hard crushed stone in the republic. Some 30% of the decorative crushed stone market will be covered. Stage 1

July 31, 2014

Holcim H1 results: cement/aggregates sales increase

Holcim says its first half-year 2014 results show cement volumes up and a like-for-like growth in operating EBITDA and operating profit based on recent restructurings and cost discipline.
Bernard Fontana, CEO, said: “Holcim increased sales of both cement and aggregates in the first half of 2014, despite an uneven development of the global economy.
“Group regions North America, Africa Middle East and Europe recorded particularly strong cement sales. Mild weather conditions at the beginning of the year supp

boombox1

Highlighted Content

boombox2