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10 Mar 2023

Buzzi Unicem rejects recent allegations against its reputation

[Translation prepared by Business & Human Rights Resource Centre]

10 March 2023

...The information released by the organizations claim that Buzzi Unicem SpA, a company based in Italy, is somehow involved in the activities carried out by its subsidiary SLK Cement, a company based in Russia, tending to support the war against Ukraine.
Buzzi Unicem has already clarified in its press release dated May 12, 2022 the decision to cease with immediate effect any operational involvement in activities carried out by the subsidiary SLK Cement in Russia and to suspend all strategic initiatives and investments in the country. This means no involvement of our management in the decision-making process related to local initiatives and commercial actions...

Contrary to what is stated, Buzzi Unicem has been present in Ukraine since 2001 and is one of the main producers of cement and ready-mix concrete in the country. Despite the significant financial losses as a result of the Russian invasion, Buzzi Unicem has not stopped operations in Ukraine, continues to supply products to Ukrainian customers, pay taxes in Ukraine and provide jobs and humanitarian aid to its nearly 1000 employees and families in the country.