The company ELVALHALCOR proceeded to the signing of two bond loans. According to an announcement issued, the first bond loan was signed with Piraeus Bank and amounts to 20 million euros, while the second was signed with Eurobank and amounts to 15 million euros. The announcement in detail: The “ELVALHALCOR HELLENIC COPPER AND ALUMINUM INDUSTRY […]
Tag: ELVALHALCOR
ELVALHALCOR: Agreements for two bond loans amounting to 35 million euros
The company ELVALHALCOR proceeded to the signing of two bond loans. According to an announcement issued, the first bond loan was signed with Piraeus Bank and amounts to 20 million euros, while the second was signed with Eurobank and amounts to 15 million euros. The announcement in detail: The “ELVALHALCOR HELLENIC COPPER AND ALUMINUM INDUSTRY […]
ELVALHALCOR: OK from the General Assembly. in a dividend distribution of € 0.03 per share
The Ordinary General Meeting of the Shareholders of ELVALHALCOR was held today. As announced by the listed company, 23 shareholders, in person or through a representative, were present, holders of 322,717,460 shares out of a total of 375,241,586 shares of the Company, ie 86.00% of the total shares and votes. In the context of the […]
EIB-Elval: New € 75 million financing agreement focusing on sustainable development
The European Investment Bank has approved a ten-year loan of € 75 million to Elval, ElvalHalcor’s aluminum rolling stock, financing 50% of its new investment. The first phase of ElvalHalcor’s five-year investment program with the aim of gradually increasing its total production capacity in aluminum rolled products to over 500,000 tons per year was completed […]
ElvalHalcor: Signing of a loan agreement of 75 million euros with the EIB
ElvalHalcor has signed a loan agreement of 75 million euros with the European Investment Bank, lasting up to 10 years. The funds will be used to finance current investment needs at the company’s facilities in Oinofyta. In detail, the company notes: “ELVALHALCOR HELLENIC COPPER AND ALUMINUM INDUSTRY SOCIETE ANONYME” (hereinafter “ELVALHALCOR”) announces, in accordance with […]
ELVALHALCOR: Historic sales record ‘overcomes’ energy crisis
By Harry Floudopoulos The announcement of the results of ELVALHALCOR for 2021 was characterized by the historically high sales of the company, at 2.883 billion. euros (+ 42.1%), but also the significant increase in sales volume (16.3%). According to company sources, the main factor that brought the positive results was the significant increase in demand, […]
ELVALHALCOR: How were the funds raised from the issuance of the Code issued?
Information on the allocation of the funds raised from the issuance of the Joint Bond Loan amounting to 250,000,000 euros for the period from 17.11.2021 until 31.12.2021 is given by ELVALHALCOR with an announcement. As the listed company points out, part of the raised funds was allocated from 17.11.2021 until 31.12.2021 as follows: 1) Regarding […]
ElvalHalcor: Profits after taxes in 2021 at 111.7 million euros – Sales at historically high
ElvalHalcor’s sales hit a record high in 2021. The uptrend, which began in the last quarter of 2020, was maintained throughout 2021 with a particularly strong recovery in the construction, automotive and transport markets. which had lagged behind in previous use, mainly affecting the aluminum industry. Thus, sales volumes increased by 16.3%, driven mainly by […]
How will ELVALHALCOR be connected with OSE
By Eleni Botas A project that has been discussed for many years, since the company settled in the area, is expected to be implemented in the near future. This is the operational connection of the ELVALHALCOR facilities in Oinofyta with the Oinoi Railway Station and the Railway Network of OSE. The relevant Environmental Impact Study […]
ElvalHalcor: Paid internship programs
Elval, ElvalHalcor’s Aluminum Rolling Division, has created the “Engineers of Tomorrow” program, which gives new polytechnics graduates the opportunity to start their careers at their factory today as part of a 12-month paid internship. According to the company, through a meritocratic and inviolable selection process, 12 young engineers from today and for the next 12 […]