Oficemen, has joined other voices in the construction industry to advocate for the continuation of construction works, including infrastructure projects, during the coronavirus outbreak. According to the Ministry of Industry, Commerce and Tourism, "The closure of the works is not necessary , as this activity has not been expressly suspended." However, increasing numbers of local authorities are stopping them, including those in Barcelona, which has ordered the closure of all building work in the city, both public and private.
The Vicat group announces that its 2020 outlook presented on 14 February 2020 within the framework of its 2019 results publication now needs to be revised in the light of the potential impact of COVID-19 on the Group’s business.
While the economy, in general, struggled to grow only 1.1% last year, the Votorantim Group has nothing to complain about. Its consolidated net income skyrocketed 113% compared to 2018, and totalled R$4.9 billion.
Votorantim SA, one of Brazil's biggest diversified holding companies, said on Thursday it is seeking to preserve cash after coronavirus-related lockdowns partially halted operations in Peru and Argentina and as cement sales have slowed.
Since the beginning of the Coronavirus pandemic, LafargeHolcim has taken the necessary measures to protect the health of its employees, customers, suppliers and other stakeholders. We are closely monitoring all markets according to the evolving situation and to the guidance provided by the authorities in each country.