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Italcementi is examining options for asset optimization in Turkey

Italcementi Board of Directors gave mandate to the management to finalize the best option for a strategic optimization (both industrially and financially) in the Turkish assets. In Turkey, Italcementi operates through Set Group, Set Cimento, Set Beton and Ayfon Cimento, which are controlled by the sub-holding for international activities Ciments Français, and boasts an industrial network of 4 cement plants (Ankara, Balikesir, Trakya, Afyon), a grinding center in Ambarli and over 15 ready-mixed concrete units. The Turkish companies generated net sales of about 245 million euro in their 2006 financial year and have approximately 880 employees.



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