Eurocement Group produced 22.5Mt of cement last year. The Ukrainian enterprises of the Holding produced 2.8Mt of cement.  Last year it was approved and started the realisation of technical re-equipment program for 2005-2008 with a total budget of US$560m for its Russian factories. It is also planned to spend US$28m to modernise its Ukrainian works. The program is aimed to increase total production capacity by 6.7Mt by 2008 and by 9Mt by 2010.