Company news

Holcim (Rus) was officially absorbed by Holcim (Rus) Construction Materials

May 17, 2013

Holcim (Rus) Corporate Public Affairs Department announces that on May 17th, 2013 Holcim (Rus) OAO (Moscow) was officially absorbed by Holcim (Rus) Construction Materials OAO (Kolomna) and terminated its activities as an independent legal entity.

Earlier the Company has announced reorganization of Holcim (Rus) OAO as per the decision of extraordinary general meeting of shareholders of Holcim (Rus) OAO, which took place on November 29, 2012. At the same time, the process of reorganization has been finally completed on May 17th, 2013 with specific entry made into the Unified State Register of Legal Entities.

In accordance with Civil Code of RF and Federal Law dated 26.12.1995 № 208-ФЗ “On Joint-Stock Companies”, when one legal entity is absorbed by another legal entity, all rights and obligations of the absorbed legal entity are transferred to the absorbing legal entity by way of universal succession.

The main target for the joint company Holcim (Rus) Construction Materials OAO in 2013 remains Customer focus. This goal achievement requires the Company not only maintenance of the highest quality level of the services and cement production volumes, but all the activities related to these issues: properly organized process of procurement of raw materials, lobbying and advocacy of the Company in Russia, as well as proper motivation and employees development.