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Change of Corporate Name of Biggest Nexe Grupa's Member  – Našicecement d.d. Našice Renamed  NEXE d.d.
July 2, 2020

Change of Corporate Name of Biggest Nexe Grupa's Member – Našicecement d.d. Našice Renamed NEXE d.d.

In early June 2020 General Assembly of Nexe Grupa d.d. and biggest member of Nexe Grupa - Našicecement d.d. were held. General Assembly adopted annual reports of companies, consolidated annual financial report of Nexe Grupa for 2019, decision on use of profit, appointment of auditors for 2020 while Management Board and Supervisory Board were acquitted of further duty to manage and supervise company's management in 2019.

2019 was a very successful business year for Nexe Grupa with consolidated sales revenue of HRK 1.031.716.704 or 7.6% increase compared to 2018. Realized EBITDA was HRK 208.076.635 or 18% more compared to EBITDA in 2018.

One of most important decisions of the General Assembly of Našicecement d.d., the biggest member company in Nexe Grupa, is the decision on amendments to the Articles of Association which changes the name of the company from previous Našicecement d.d. to NEXE d.d.

Nexe Grupa is a regional producer of construction materials with already well-known and market-positioned Nexe brands including- Nexe cement and Nexe concrete- two key products of cement factory from Našice.

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