OREANDA-NEWS  On 29 September was announced, that EUROCEMENT holding confirmed public market purchasing of 6.52 Holcim voting stock. The said transaction is a step of amicability and a long-term strategic investment initiated by EUROCEMENT holding.

EUROCEMENT holding has no intention neither to make a public offer for purchasing Holcim controlling stake, not to have seats on Holcim board.

The decision to invest in Holcim shares was taken based on industry research and the results of Holcim board and management work.

EUROCEMENT holding is interested in engineer, technical and technological potential of Holcim for implementation of the formerly declared investment program.

Holcim

Holcim is the second world cement manufacturer.  The main products of Holcim are cement, aggregates, as well as concrete and asphalt.  In 2007 Holcim produced 149,6 MT of cement, 187,9 MT of aggregates, 45,2 Mcm of concrete and 14,8 MT of asphalt.  Holcim is represented at the markets of 70 countries, at all continents. Please find mor e detailed information at the website www.holcim.com.