LSR Group supplies bricks to the EU

LSR Group supplies bricks to the EU

LSR Group (LSE: LSRG; MOEX: LSRG) sent the batch of bricks to Finland in April, 2015 and is planning to increase the export volume. The Company is going to supply bricks to the Baltic countries in the nearest future.

Russian clinker is at least 50% cheaper than the foreign analogues in the Russian market, and even considering the logistics costs, the company's products will be competitive in the EU. Last year LSR Group began to supply brick products to Belarus and Kazakhstan. The large batches of clinker products and porous blocks are being exported to Kazakhstan for certain construction projects in Astana.

The total amount of export deliveries within the first half of the year is going to be about 10 million standard bricks.

For more information please contact:LSR Group Press ServiceE-mail: [email protected]