World’s largest cement maker leaving Russia ...News

Swiss giant Holcim will transfer its Russian assets to local management Swiss cement giant Holcim is leaving Russia, the company announced in a statement on its Telegram channel on Wednesday. Its Russian unit will be transferred to a local management team. Holcim noted that its now former unit will continue to operate in Russia under a new brand, but did not reveal other details of the agreement. “Holcim has signed an agreement to transfer its Russian assets to local management. This agreement completes the procedure of Holcim's exit from the Russian market, which was announced in March 2022. Holcim and the Russia

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