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November 27, 2015 4:00 AM ET

Construction Materials

Company Overview of HeidelbergCement Ukraine

Company Overview

HeidelbergCement Ukraine operates cement and grinding plants in Ukraine. It offers grinding, ready-mixed concrete, and aggregates, as well as Portland cement and blast-furnace slag cement. The company was founded in 2001 and is based in Ukraine. HeidelbergCement Ukraine operates as a subsidiary of HeidelbergCement AG.

Key Executives for HeidelbergCement Ukraine

Chairman of the Managing Board
Deputy Chairperson of the Management Board
Member of the Managing Board
Age: 57
Member of the Managing Board
Age: 57
Member of the Managing Board
Age: 58
Compensation as of Fiscal Year 2015.

HeidelbergCement Ukraine Key Developments

Heidelbergcement Ukraine Decidesto Close Office in Dnipropetrovsk

Heidelbergcement Ukraine decided to close office in Dnipropetrovsk and the affiliate in Amvrosiivka (Donetsk region). Respective decision was taken in view of the fact that in 2014, the location of the office was changed from Kryvyi Rih for Dnipropetrovsk and it stopped rendering its functions. The decision to close Amvrosiivka affiliate was taken in order to create as transparent management system as possible and to reduce document circulation.

HeidelbergCement Ukrain Announces Management Changes

HeidelbergCement Ukraine has appointed Olena Kovaliova as Deputy Chairperson of the Management Board instead of David Andreas Johannes von Lingen. In particular, on November 25, the company's Supervisory Board decided to terminate von Lingen's authority ahead of schedule from December 31, 2014. He was occupying the post for three and a half years. The Supervisory Board appointed Kovaliova as the Board Deputy Chairperson from January 1, 2015 for three years (till January 1, 2018).

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