Vassiliko Cement Works Ltd was established in 1963, as a Public Company, on the initiative of Hellenic Mining Company. Vassiliko was chosen as the best possible location for the erection of the plant in view of the abundance of raw materials of excellent quality and the proximity to the sea.

The Company strategy is in short the continuing strengthening of its competitiveness, and its sustainable development program.

A fundamental aim of the company is the continually study of new technologies and the introduction, in controlled stages, of proven and reliable processes, which serve the Company’s quality requirements and financial targets.

The equipment for the protection of Environment, Health and Safety has been upgraded in all areas of the activity of the Company. The degree of training and education of the personnel of the Company has been improved and put on a continuous systematic basis. The Company is nowadays compared favourably with most European Cement Plants.

Within the framework of our continuous improvement policy our Company has given special attention to the field of Environment which has been considerably upgraded during the last years. The protection of Environment in all phases of production constitutes a priority.

Additionally, our Company, since 1997, applies a new policy of contribution to the development of the neighbouring communities giving special emphasis to the Environmental matters especially those related with ecology.

The Company participates since 2001 with 30% in Pyrga Quarries Ltd, in collaboration with the Ioannou & Paraskevaides Group for the production of aggregates.

In 2004, Vassiliko Cement Works Ltd, building materials division participates with 51% in the ready mix concrete Company A.E.S. Atlas Beton Ltd located in the northern Paphos district at Drousia area. This Company is newly formed with brand new and modern production equipment and owns a fleet of 10 truck-mixers and 3 pumps for best service of the customer. The Company, with over 120.000m³ annual capacity, is focused to the customer needs and the quality assurance continuing the tradition of Vassiliko Cement Works.

Vassiliko Cement Works has, a long time ago, considered quality as an indispensable condition for its success in the coming years, as well as for the customer’s satisfaction. The Company’s commitment to continuous improvement and technical upgrading has resulted in the development and implementation of a management and quality system.