Pause operations: company temporarily curtailing operations while keeping return options open

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Buzzi Unicem S.p.A. is an Italian company, which produces cement, ready-mix concrete, and construction aggregates.

Pause operations: company temporarily curtailing operations while keeping return options open

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Revenue(RF), mln.USD
314
Assets(RF), mln.USD
400
Capital(RF), mln.USD
365
Glob.Revenue, mln.USD
5059
Plants
3
Staff(RF), 2021
1885

The company owns two factories in Russia.

The Company Statement
March 10, 2023

Buzzi Unicem – a company, whose Russian business is contributing to Russian war crimes committed in Ukraine. Buzzi Unicem was added on the international sponsors of war list by National Agency on Corruption Prevention (NACP). Buzzi Unicem has already explained in its press release dated May 12, 2022 the decision to immediately cease any operational involvement in the activities carried out by the subsidiary SLK Cement in Russia and to suspend all strategic initiatives and investments in the country. This means the lack of involvement of the management in the decision-making process regarding local initiatives and commercial actions.

September 03, 2024CRH Engulfed in Corruption Scandal in Ukraine, Accused of Continued Operations in Russia
March 10, 2023Italian cement maker Buzzi denies sponsoring Russia's war in Ukraine
March 08, 2023Buzzi Unicem - International sponsor of war
February 06, 2023Buzzi Unicem presence in Russia
February 06, 2023Buzzi Unicem – a company, whose Russian business is contributing to Russian war crimes committed in Ukraine
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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