GBA Presents: THE BARE ESSENTIALS

  • The company is freezing all new investments in Russia. Heidelberg Cement is present with three cement plants all for domestic operations.
  • At the P&L level in 2021, the company revenue accounted in Russia was around 1%.
  • Related to Ukraine, Heidelberg Cement is not operating since 2019.
 
Cement you can't get more Bare Essential than that.
It's the second biggest company in Europe. Cement company. They'll be big in Ukraine once again I'm sure. It'll take deep pockets and lots of equipment, so you have to assume they'll be part of the rebuilding process.
 
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