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Tag Archives: HeidelbergCement

Heidelberg on the Way to Ejecting Competitors and Monopolizing Market

HeidelbergCement Georgia is a major cement manufacturing company in Georgia, which owns 3 cement integrated plants, 13 concrete plants, 2 inert materials aggregates, 1 cement terminal and 1 cement-grinding plant. According to spread information, previously, the company was owned by businessman David Bezhuashvili, but he sold 50% stake to Co-Investment …

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HeidelbergCement Sells 50% of Its Business in Georgia

HeidelbergCement company has sold a 50% stake in its business in Georgia to Cement Invest. The latter is owned by Co-Investment Fund and Hunnewell Partners. The deal amount marked 115mln EUR. The company press-release reads that the deal is to write off the debt of HeidelbergCement. The company hopes for …

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Tbilisi Marathon to be Held on October 22

Tbilisi Marathon is an annual massive international mileage organized by Heidelbergcement, patronaged by the Ministry of Sport and Youth Affairs, Tbilisi City Hall, National Tourism Administration and German Embassy held in the central streets of the capital. The event promotes healthy lifestyle, charity and tourism development of the country. The …

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HeidelbergCement Camed Modernization Timeframe of the Plant in Kaspi

HeidelbergCement supposedly will open modernized plant in Kaspi by 2018. The company has submitted an environmental impact assessment (EIA) in order to start project of $ 100 million. The report will be discussed on January 17; in the meantime interested entities have opportunity to submit their comments. The company plans …

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The MP Announces Sharp Growth of Cement Demand on the Market

The MP Announces Sharp Growth of Cement Demand on the Market

Investments of such big German companies as “Heidelbergcement” and “Henkel” indicates to their confidence, – Ambassador of Germany has announced while presentation of new project in Kaspi. According to the diplomat, German logistic companies are also interested in Georgia as well. “Favorable investment environment in Georgia, Free Trade Agreement with …

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Heidelbergcement to Launch USD100 Million Investment Project in Kaspi

Heidelbergcement to Launch USD100 Million Investment Project in Kaspi

Upgrade of the Heidelbergcement Kaspi Cement Plant is launched. The groundbreaking ceremony of the USD100 million investment project will be held on Tuesday. The project envisages full modernization of the Kaspi Cement Plant to the modern Dry Line method of clinker production. The investment project will further ensure the highest standards of …

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HeidelbergCement Going to Maintain the Market Leadership

HeidelbergCement Going to Maintain the Market Leadership

The company HeidelbergCement appreciates the entry of a new cement company into the market as a challenge. We are talking about Cezar Chocheli’s project which envisages the construction of a cement factory in Senaki. The project in which $ 100 million will be invested is expected to be completed in …

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