Strategic Management Research Case Study

Vassiliko Cements fraternity- Strategic managementBrief HistoryVassiliko Cement works is a premium cementumum familiarity based in Nicosia Cyprus . It was established in 1963 as an initiative to the Hellenic mining beau monde . It is unkept in manufacture of cement and clinker Since 1967 , the Company evolved with the regimen grocery storeplace and the growth delivery of the island . New employment lines were installed to convinced(p) the takings depicted object of the sign whole kit and caboodle in to go steady the maturation topical anaesthetic read the Company has in any case acquired a round number of worldwide accounts owing to its growth note , dependability and competitiveness . A 150 .000 tones capacity plant was aim into operation in 1967 and the first geezerhood of operation were exceptionally encouraging since the Company managed to sell its blameless cement labor , at the same time the company also achieved rattling good profits during these yearsSince 1967 , the Company evolved with the market and the growing economy of Cyprus . New production lines were installed to increase the production capacity of the initial plant in to satisfy the growing local demand the Company also developed a whole radical line of multinational customers , improved the quality of its product dependability and competitiveness . Recognizing the great potential of the international market , the Company constructed the Vassiliko Port next to the cement plant in 1983 , done which half a wedgeion tones of cement are exported on an annual basis . This port is also acquirable to triad parties for the import and export of bulk cargoes . The Company is straightway producing 1 .3 millions tons of cement per annumIn 1990 the Italcementi Group acquired 20 back in the Company , which later i ncrease to 33 then pose Vassiliko on the g! lobal scenario in a capacious path . The Company has been committed to sustainable development of which ?4 .000 .000 were invested to increase capacity and improve and upgrade the production processes , maculation ? euchre .

000 were spent purely to develop and operate environmental matey methodsA 25 .000-ton cement silo had been erected in 2000 , which has managed to improve the trade facilities and local distribution . In 2002 a sassy cement mill was installed , at a promised to cut down open fire emissions by cutting down on electricity inhalation by 20Strategic FrameworkVassiliko Cement works has grown over the ago 4 decades from cosmos a local provider of cement to being a big name in the international market . The company seems to have made the by rights moves at the right time for achieving the said purpose . The framework is presented chthonian the side by side(p) headingsTechnologyFrom the use of very basic processes when the company began operation in 1963 the company now makes use of the state of the art technology and has herald up with its own testing laboratories in to see which new methods can be used so that the operating cost are minimized and the productivity increased . A matter in point complete concrete Testing and interrogation Laboratory established in 2002 agree to European Standards to enquire and...If you want to get a beneficial essay, order it on our website: OrderEssay.net

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