Items filtered by date: Monday, 09 December 2024

Cyprus: The Pancypriot Ready-Mix Concrete Producers and Distributors Association (PSKPÉS) dissolved on 2 December 2024, as workers began to return to work following a two-month strike. The Cyprus Mail newspaper has reported that 480 (86%) of 560 ready-mix concrete workers have now signed deals with employers. 25 companies have signed, out of a total 35 affected. This follows the failure of the PSKPÉS to produce a collective agreement with unions.

Union representative Stelios Efstratiou said "Next steps wherever employers have failed to sign are still to be determined."

India: Market research company Exactitude Consultancy has forecast that the ready-mix concrete market in India will increase at a composite annual growth rate (CAGR) of 9% between 2024 and 2030. It noted that this will result in a total market value of US$1.54tn. This is more than double its size one decade previously in 2020, of US$725bn.