Vasiliko enjoyed increased profits in 2009, despite the shrinkage of its turnover. This increase is linked to the profit from revaluation and sale of investment property. As announced today, the...
Vassiliko Cement Works signed an agreement with the Greek unit of the German Siemens AG for the installation of electrical and automatic equipment for the new plant that will operate in early 2011...
Vasiliko Cement postponed the increase in the price of cement for March 2. According to a press release, despite the significant cost and after the Minister’s request, the Company postponed the...
Chairman of House Commerce Committee, Lefteris Christoforou stated on Wednesday that if the cement companies do not cancel their decision for price increases, the issue will be discussed at the next...
The nine-month profits of Vasiliko Cements dropped to €6.1 million from €11.8 million in the first nine months of 2007. The EPS fell to 8.4 cents from 22 cents last year. The Board of Directors...
The nine-month results of Vasiliko Cement are expected to be negative. According to an announcement released today, “the consolidated results for the third quarter of 2008 are expected to be lower...
The Commission for the Protection of Competition declared the concentration of Vasiliko Cements Public Company Ltd and The Cyprus Cement Public Company Ltd as compatible with the requirements of the...
Despite the slowdown in the construction industry of the private sector, cement sales in the domestic market continue to surge. According to latest CYSTAT data, domestic cement sales in July 2008...
The profits of Vasiliko Cements in the first half of 2008 dropped to €7.4 million from €8.6 million in the corresponding period of 2007. The EPS fell to 10.2 cents from 16.1 cents last year. The...
The Commission for the Protection of Competition decided on Thursday to keep its previous decision for the approval of the merger of Vasiliko and CCC cement companies, despite the Attorney General’s...