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

February 11, 2014

Russia produces 66.3mn tons of cement in 2013

The State Statistics Service of Russia (Rosstat) reports 66.3 million tonnes of cement produced in 2013, which is 7.7% more than in 2012 and 17.9% more than in 2011.

The growth was spurred by the launch of new production plants with an overall production capacity of 7.3 million tonnes. For instance, BaselCement launched Serebryanskiy Cement Plant (1.8 million tonnes/year) in the Ryazan region (Central); Eurocement Group launched a cement plant (3 million tronnes/year) in the Voronezh region (Central), an

boombox1

Highlighted Content

boombox2