Italcementi Group entered the Bulgarian market in 1998 through the acquisition of Devnya Cement, a company with a production facility situated near Varna, the largest port in the country.
A second acquisition was completed at the beginning of 1999, when the Group acquired control of Vulkan Cement, a company with a production plant located near Dimitrovgrad, in the south east of Bulgaria.

Italcementi Group is one of the largest cement producers in Bulgaria with more than 400 company employees.

Italcementi Group presented to the authorities a new investment plan for the revamping of the Devnya cement plants, which is expected to start operation by the end 2011 (max beginning 2012). With more than 250 million Euro committed, the project represents one of the largest private-sector investments in Bulgaria for the past 20 years. The project, which entails replacing the wet-process kilns with a dry-process production line, will enable the company to cut operating costs substantially, especially its energy bills, and will allow Italcementi Group to introduce the BAT into cement production at Devnya, thus improving the plant’s industrial, environmental and safety standards.
The new plant will have a yearly production capacity of 2.7 Mt.