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Press Release

Amid challenging market conditions, RHI Magnesita continues to increase investment in local communities across over 35 sites worldwide

24. April 2025

Despite ongoing macroeconomic pressure and weak demand across core markets, RHI Magnesita is maintaining its commitment to community development, confirming a €1.64 million investment in 2025 across the five regions where it operates. The focus: long-term impact in education, healthcare, and sustainability – with a growing emphasis on environmental resilience.  

RHI Magnesita’s investments are increasingly targeted, directing funding where it has greatest impact – from rural healthcare to youth development. 

Simone Oremovic, Executive Vice President, People, Projects & Value Chain said:  
“This continued incremental investment reflects our unwavering dedication to making a tangible difference in the communities where we operate. From strengthening healthcare access to expanding education opportunities and pioneering environmental programs, we are working alongside our partners to drive real, positive change.” 

These investments go beyond financial support — they empower people and strengthen local communities. In 2024 alone, RHIM community initiatives provided healthcare access to over 10,000 residents in rural India, created sustainable income for 40 families in Brazil through recycling programs, and supported over 3,000 students in China with environmental education. By investing in education, health, and sustainability, the company is helping individuals and communities build lasting resilience and holistic development. 

 
Doubling Commitment to Environmental Initiatives 
 
In 2025, RHI Magnesita will double its funding for environmental programs, expanding projects in sustainable agriculture, circular economy models, and environmental education. These initiatives integrate social components, such as income generation and skills development, ensuring lasting benefits for local communities. 

 
Investing in Health, Education, and Sustainability 
 
RHI Magnesita’s community investments focus on three core pillars: 

Health & Wellbeing – Supporting hospitals, clinics, and mental health initiatives to enhance healthcare access. 

Education & Youth Development – Ensuring access to quality education, vocational training, and scholarships to empower the next generation. 

Environmental Responsibility – Promoting conservation, waste reduction, and sustainability practices that benefit both communities and ecosystems. 

In addition, the company continues to support cultural heritage preservation and rural transformation, particularly in regions where infrastructure development is needed. 

 
A Growing Legacy of Social Responsibility 
Over the past four years, RHI Magnesita has invested over €4.3 million globally to support initiatives in education, environmental protection, and healthcare, benefiting communities surrounding its operational sites.

Local CSR and community activity teams play a key role in identifying and executing impactful projects, ensuring that investments are tailored to each region’s most pressing needs.

Download our Community Fact Sheet – April 2025, now available with expanded data insights and inspiring success stories from a selection of ongoing community projects.

 

About RHI Magnesita

RHI Magnesita is the leading global supplier of high-grade refractory products, systems and solutions which are critical for high-temperature processes exceeding 1,200°C in a wide range of industries, including steel, cement, non-ferrous metals and glass. With a vertically integrated value chain, from raw materials to refractory products and full performance-based solutions, RHI Magnesita serves customers around the world, with over 20,000 employees in 65 main production sites (including raw material sites), 12 recycling facilities and more than 70 sales offices. RHI Magnesita intends to leverage its leadership in terms of revenue, scale, product portfolio and diversified geographic presence to target strategically those countries and regions benefiting from more dynamic economic growth prospects.

The Group is listed within the Equity Shares (Commercial Companies) category (“ESCC”) of the Official List of the London Stock Exchange (symbol: RHIM) and is a constituent of the FTSE 250 index, with a secondary listing on the Vienna Stock Exchange (Wiener Börse). For more information please visit: www.rhimagnesita.com