Tag E.-Europe

Heidelberg Materials in Bulgaria goes green

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Heidelberg Materials’ Bulgarian subsidiary in Devnya and renewable energy developer CWP Europe have signed a preliminary agreement to develop a new CWP wind farm. According to CWP, the investment exceeds more than € 300m, which will make the project the…

Heidelberg Materials‘ JV with Akçansa in Türkiye

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Heidelberg Materials is increasing its shareholding in Türkiye’s Akçansa to 79.44%, in accepting to acquire the offered 39.72% stake of Sabanci Holding in the company. By moving to majority control, Heidelberg Materials will significantly strengthen its strategic positioning in Turkey,…

Türkçimento addresses fair competition practices for CBAM

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The Turkish Cement Manufacturers’ Association (TÜRKÇİMENTO) has issued a strategic statement that the current implementation of the European Union’s Carbon Border Adjustment Mechanism (CBAM) poses a risk of effectively becoming a non-tariff trade barrier for Türkiye’s cement industry. Actual data…