Eurocement Group

 

Why Filaret Galchev's wealth collapsed from $5.6 billion to $305 million in 1.5 years

Business21.03.2016

The owner of Eurocement Group has been developing on credit all his life, despite the crisis.

Unprofitable cement: how Filaret Galchev lost $700 million on LafargeHolcim

Business10.02.2016

The owner of Eurocement Filaret Galchev lost almost $700 million in a month and a half. This happened after the margin-call of the Sberbank loan, where he had encumbred a 6.12% stake in cement producer LafargeHolcim in January.