Lafarge, the global cement producer, has announced plans to cut costs by 1.3 billion euros over the next four years. <br /><br />The group is carrying debts of 12.4 billion euros and is looking to reduce the burden to 10 billion.<br /><br />Lafarge hopes to save 400 million this year alone.<br />The cement market is relatively solid with Lafarge picking up business in the emerging markets.<br />http://www.euronews.net/
