Executive summary 4

Market overview 5

Construction materials market expected to increase by 5-7% y/y in 2015 5

Construction materials output returns to y/y growth in Q4/2014 5

Producers' prices decline for fifth consecutive quarter in Q4/2014 6

Foreign trade with construction materials grows y/y in 2014 7

Construction works index up marginally y/y in Q4, full year performance remains negative y/y 8

Number of residential permits rises 3% y/y in Q1/2015 10

Number of finished dwellings down y/y in Q4/2014, after third consecutive quarters of increase 10

Value added by construction forecasted to return on upward path beginning with 2015 11

Cement, concrete 12

Cement market up y/y in volume terms in 2014 12

Irish CRH to acquire Holcim, Lafarge assets 13

Holcim's cement sales up 7.8% y/y in 2014 13

Lafarge reports increase of cement sales volume, backed by higher demand 13

Ceramic bricks, tiles 14

Masonry market forecasted to grow by 5% y/y in 2015, driven by dynamic residential construction works 14

Brick maker Ceramica SA rebrands as Brikston Construction Solutions 14

Cemacon reports higher sales volume, value in Q1/2015 14

Macon Deva's turnover rises 10% y/y in 2014 14

Thermal insulation, finishing materials 15

Mineral wool market records mixed performance in 2014 15

Expanded polystyrene market stagnant y/y in 2014 15

AdePlast's turnover surges 25% y/y in Q1/2015 15

Policolor to invest EUR6.4mn in construction of new plant in Bucharest 15

Construction material, DIY retailers 16

Dedeman targets 8% y/y advance of sales in 2015 16

Praktiker plans to expand chain to 45 stores in two years 16

Kingfisher scraps plans to acquire Mr. Bricolage stores 16