Workforce
As of December 2018, the group employed 3,083 people. It follows a performance-based policy in which it encourages a high-performance culture and rewards people based on their performance. In 2018, the company also developed the concept of the Cementir Academy to develop and update skills, integrate know-hows and preserve as well as spread knowledge in the organisation.
Pension ratio
The company’s pension ratio lies at about 3%, whereas the industry average lies at about 7%, underlining that the risk is more controlled at Cementir.
PBO/EV
The PBO/EV ratio of the company lies at about 3%, whereas the industry average lies at about 19%. This underlines the fact that the company’s valuation is less sensitive to actuarial assumptions than its cement peers.
