- Business
- Cementir Holding NV, a multinational building materials company with registered offices in Amsterdam, the Netherlands, produces and distributes grey cement, white cement, ready-mixed concrete, aggregates, and related products including precast concrete elements, value-added specialty cements, and trading services; its offerings encompass traditional Portland cement, composite Portland cement, blast furnace cement, pozzolanic cement, low-emissions cements, self-compacting concrete such as Aalborg Extreme, and ready-to-use mortars like Aalborg Excel. Founded in 1947 and headquartered operationally in Rome, Italy, the company operates across 18 countries in segments including Nordic and Baltic regions (Denmark, Norway, Sweden, Iceland, Poland, Latvia), Belgium, North America, Türkiye, Egypt, Asia Pacific (Malaysia, China, Australia), Italy, France, the UK, and the Netherlands, serving construction, infrastructure, and industrial markets with a vertically integrated model in key areas; it employs over 3,000 people and maintains 11 cement plants, 101 ready-mixed concrete plants, and significant aggregate quarries, positioning it as the global leader in white cement, Denmark's top cement producer, Scandinavia's leading ready-mixed concrete supplier, Belgium's third-largest cement maker, and a major player in Türkiye. Recent developments include the completion of the sale of its Kars cement plant in northeastern Türkiye to Arkoz Madencilik AS for EUR 51 million enterprise value in December 2025 to optimize geographic focus on western and central Türkiye; investments in Kiln 4 expansion in Belgium, restart of the second production line in Egypt, acquisition of concrete operations in the Nordic and Baltic region, opening of a new limestone quarry in Malaysia, and repurchase of minority interests in its Egyptian subsidiary; first-nine-months 2025 results show stable performance aligned with expectations, with H1 2025 cement sales volumes steady at 5.1 million mt, ready-mixed concrete up 1.5% to 2.2 million cubic meters, and aggregates rising 4.8% to 5.2 million mt, alongside projections for 2025 revenue growth to EUR 1.75 billion.