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Sika expands Production Capacities In Egypt

Sika is developing its mortar plant in Alexandria, Egypt, and investing in additional production lines. This expansion will bring its capacities into line with the rising demand from the booming construction market. Egypt has one of the largest populations of all the countries in the region, with some 100 million inhabitants and a thriving construction industry.

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Sika commissions two new Plants in Kazakhstan

Sika is expanding its presence in Kazakhstan and strengthening its position in two of the country's growth regions. To reinforce existing production operations in Almaty in the southeast of the country, Sika is simultaneously commissioning two further concrete admixture production plants, one in the capital Astana and the other in Atyrau in the west.

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Sika expands its Presence in United Arab Emirates with new Factory in Dubai

Sika is developing its operations in the United Arab Emirates (UAE) with the opening of a new factory in Dubai. An existing production facility for concrete admixtures has been relocated to the new site and expanded. A state-of-the-art mortar facility and a reactor for producing polymers have been installed and will constitute the basis for the production of high-performance concrete admixtures. Furthermore, the new facility will play a strategic role as a sales and distribution center for the region.

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Bauer AG on Track after the first Half of the Year 2018

  • Total Group revenues are 12.2% less than the previous year with EUR 792.3 million; sales revenues decreased by 13.6% to EUR 717.1 million
  • EBIT amounts to EUR 34.1 million (previous year: EUR 38.6 million); Earnings after tax improve to EUR 1.6 million (previous year: EUR 0.1 million)
  • Order backlog with EUR 1,000.3 million at high level (previous year: EUR 1,044.7 million)
  • Full-year forecast confirmed
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