Displaying items by tag: Lukavac Cement

Bosnia & Herzegovina: Hungary-based Talentis International Construction completed its acquisition of Lukavac Cement at the end of December 2023. SeeNews has reported that the conglomerate first signed a letter of intent with Lukavac Cement’s former owner, Austria-based Asamer Baustoffe, in mid-2023.

The acquisition adds Lukavac Cement’s 650,000t/yr Lukavac cement plant and Vijenac limestone mine to Talentis International Construction’s existing Southeast European assets, situated in Croatia and Romania.

Bosnia & Herzegovina: Hungary-based Talentis Group and Austria-based Asamer Baustoffe have signed a letter of intent giving the former exclusive negotiation rights in the sale of Lukavac Cement. The subsidiary of Asamer Baustoffe operates the 650,000t/yr integrated Lukavac cement plant in Tuzla Canton. It also controls the nearby Vijenac limestone mine.

Talentis Group already holds foreign assets in Croatia and Romania.