Cementir Holding Explained

Cementir Holding S.p.A., incorporated in 1947 in Rome, Italy, is a holding company with subsidiaries manufacturing cement and concrete, principally in Turkey and Denmark. The holding is the leading producer of cement in Denmark and of ready-mix concrete in Scandinavia, as well as one of the main producers in Turkey. It also has a significant presence in Italy. The company's products include precast concrete for the engineering and transport sectors. Its research and development activities are based in Denmark and Italy.^{[1] [2]}

Cementir, like the rest of the cement industry, needs to mitigate its climate impacts. Carbon Disclosure Project rated them as a "B" rated organization December 2020, after previously getting an F rating.^[3]

In February 1992, to satisfy the recommendations of Brussels on the limitation of the public enterprise competition in the competitive economy domain, the IRI-Finsider Group held the majority of capital (51.78%) in the Italian construction group. Caltagirone S.p.A. for the sum of ₤480 billion lires.^[4]

In 2001, the Cementir group was listed at the Borsa Italiana.

In September 2017, Cementir announced the sale of its activities in Italy to HeidelbergCement for 315 million euros.^[5]

Board of directors

The following people serve on the board of directors as of December 2013:^[6]

• President: Francesco Caltagirone Jr.
• Vice President: Carlo Carlevaris (independent)
• Chief Executive Officer: Francesco Caltagirone Jr.
• Board Member: Alessandro Caltagirone
• Board Member: Azzurra Caltagirone
• Board Member: Edoardo Caltagirone
• Board Member: Saverio Caltagirone
• Board Member: Flavio Cattaneo (independent)
• Board Member: Mario Ciliberto
• Board Member: Paolo Di Bendetto (independent)
• Board Member: Fabio Corsico
• Board Member: Mario Delfini
• Board Member: Alfio Marchini (independent)
• Board Member: Riccardo Nicolini
• Board Member: Mario Ciliberto

See also

• Aalborg Portland

Notes and References

1. http://www.borsaitaliana.it/companyprofile/htm/en/91.htm "Cementir Holding"
2. http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=CEM:IM "cementir holding spa (CEM) Details"
3. Web site: 2020-12-22. Cementir Holding achieves "B" Rating for climate change from Carbon Disclosure Project (CDP). 2021-01-04. World Cement. en.
4. Web site: CEMENTIR, UN AFFARONE SOLO PER L' IRI - la Repubblica.it . 2022-05-16 . Archivio - la Repubblica.it . it.
5. News: 2017-09-19 . Cementir sells Italian assets to HeidelbergCement for 315 million euros . en . Reuters . 2022-05-16.
6. Web site: Cementir Holding: Organi Sociali . 2013-12-16 . https://web.archive.org/web/20130622161953/http://www.cementirholding.it/organi-sociali.php . 2013-06-22 . dead .