Eurocement Group said the effective and systematic work of Ahangarancement allowed to achieve 2009 annual plan. The enterprise exceeded the volume of overburden operations twice (overburden operations – 3.1 million tonnes and mining – 1.6 million tonnes).

The company said these were achieved also due to investment programme. Within it, the enterprise received modern equipment.

Ahangarancement also retained the exports volume, which is good result if take into account financial-economic crisis. The enterprise also supplied products to construction of the Uzbekistan Forums’ Palace, Bunyodkor football stadium and Navoi Airport.

The Russian company said Ahangarancement also carried out work on decreasing prime cost of the product due to optimization of expenses at cement production. It added that the enterprise recorded significant results.

Ahangarancement JSC is the second largest cement plant of Uzbekistan. Its market share is 27.9%. The enterprise exports cement to Kazakhstan, Kyrgyz Republic and Turkmenistan.

Eurocement Group Holding, an international vertically integrated industrial holding, is a leading producer of building materials in Russia.

Eurocement Group Holding is one of the 10 major cement companies in the world and unites 16 cement plants in Russia, Ukraine and Uzbekistan, as well as plants producing concrete, reinforced concrete constructions, quarries of nonmetallic materials, and industrial engineering enterprises.

Productive capacity of holding enterprises amounts to 37.5 million tonnes of cement, 10 million m3 of concrete. Nonmetallic reserves for carbonate strata with total explored reserves exceed 2.8 billion tonnes, and those for granite with reserves are about 1.8 billion tonnes.