Antea Cement, Kruja, Albania - EBRD AGM Issue Paper

In July 2007 the Government of Albania approved the construction of a cement factory in the municipality of Kruja, 30 kilometres north of the capital Tirana. The investor, Antea Cement, a subsidiary of Greeces TITAN Cement Group, completed the construction of the plant and started production in January 2010. The plant is the second in close vicinity to and the third located in the municipality of Kruja. The project features Chinese technology with equipment from the manufacturer and contractor CBMI Construction Co. Ltd., which required bringing up to 700 Chinese workers to the site. The plant's capacity of 1.5 million tonnes annually is intended to be primarily exported to Kosovo and Montenegro and to be only partially used domestically.