With this letter, we would like to inform you regarding the upcoming new structure of HALCOR, namely, the merger by absorption of "FITCO S.A." by the Copper Tubes division of ELVALHALCOR. Specifically, we announce that the Boards of Directors of the companies "ELVALHALCOR" and its 100% subsidiary, non-listed company "FITCO METAL WORKS SINGLE MEMBER S.A.” as per their decisions, on 14/5/2021, decided the commencement of preparatory activities for the merger by absorption of “FITCO” by "ELVALHALCOR".
ElvalHalcor was distinguished as the Export Leader 2021 during the "An exports-oriented Greece - Export Leaders 2021" forum held online on Tuesday, February 2, 2021, in an event dedicated to the Greek economy and entrepreneurship, organised by New Times Publishing which for yet another year raised awareness and awarded our country's companies/Export Leaders.
ElvalHalcor’s double distinction at "Business Awards Hrima" 1st place in the “Globalization” award category and 2nd place “Best International Activities Company”
ElvalHalcor received 1st place in the “Globalization” award category and the 2nd award ‘’Best International Activities Company” at the “Business Awards Hrima 2020”. "Business Awards Hrima" are recognized by the business and investment community as a renowned institution of annual evaluation for the listed companies on the Athens Stock Exchange. For the 18th consecutive year, the investment community, readers of the financial-investment ‘’Hrima’’ magazine, as well as visitors of the business-financial portal, banks.com.gr, highlighted and rewarded companies that contribute effectively to the growth of the national economy, employment and the Greek capital market.
ElvalHalcor was recognised for another consecutive year as a “True Leader”, in the framework of this established ICAP event. This year, according to ICAP’s standards for inclusion in the True Leaders of Greece ranking, out of a total of 31,000 companies in Greece, ElvalHalcor and 86 more companies succeeded in achieving the distinction as leaders of the Greek economy – ‘’True Leaders’’. The “True Leader” event, recognizes and awards those companies and groups which combine four objective and measurable criteria, i.e. solid financial results, investment in human resources, leading position in the relevant business sector and a high credit rating.
ElvalHalcor joins the group of companies included in “The Most Sustainable Companies in Greece 2020”
For the 4th consecutive year, ΕlvalHalcor joins “The Most Sustainable Companies in Greece”. Together with 24 other companies, ElvalHalcor was evaluated, based on its performance in the “Sustainability Performance Directory” and ranked in "The Most Sustainable Companies in Greece" group of companies for the year 2020. The 25, in total, companies which make up “The Most Sustainable Companies in Greece” for 2020, received their distinction at the annual event that is part of the “Sustainable Greece 2020” initiative which was held on Monday, December 7, hosted by the QualityNet Foundation. These 25 companies have adopted a holistic approach to Sustainability issues, operate as examples of good business practice and play an important role in shaping a new growth model that is directly related to Greek companies’ competitiveness and in terms of attracting investments.
Elval is the first Greek manufacturer to certify its casthouse, rolling, coil coating and finishing operations to the Aluminium Stewardship Initiative (ASI) Performance Standard
Elval, aluminium rolling division of ElvalHalcor announces the certification of its production facilities at Oinofyta, Greece to the ASI Performance Standard. The certification audit was conducted by DNV GL and it covered all the policies, procedures, infrastructure and practices that are in place against the criteria of the standard.
ElvalHalcor received the Business Excellence Award at the "Diamonds of the Greek Economy 2020" award ceremony, held on July 15, 2020, at the Hilton Athens Hotel. The event was organized by New Times Publishing, awarding "diamond" companies from the entire Greek business spectrum, in the presence of representatives of the State, the country's leading business entities and business executives.
Presentation event of the TANDEM four stand aluminum hot finishing mill held in the presence of the Prime Minister The new strategic investment that places ELVAL at the top of the global aluminum rolling industry
In the presence of the Prime Minister Mr. Kyriakos Mitsotakis, a presentation event was held for the new innovative four stand TANDEM aluminum hot rolling mill on Wednesday, July 15, at ELVAL’s premises in Oinofyta. This new strategic investment of ELVAL (the aluminum rolling division of ELVALHALCOR) in the most modern hot rolling mechanical equipment in the world today, places the Greek aluminum industry at the very forefront of the industry globally.
The MICHAEL N. STASSINOPOULOS - VIOHALCO PUBLIC BENEFIT FOUNDATION is donating EUR 650,000 for hospital equipment and disposable medical products and consumables to deal with the spread of the COVID-19 pandemic
This amount, collected from VIOHALCO's subsidiaries, represents the first part of the Foundation's contribution towards the fight against COVID-19. This decision of the Board of Directors of the MICHAEL N. STASSINOPOULOS - VIOHALCO PUBLIC BENEFIT FOUNDATION was made after consultation with the competent authorities, in order to strengthen and support the Greek National Health System and cover specific needs. VIOHALCO'S subsidiaries contributed to the donation of EUR 650,000 with the following amounts: ELVALHALCOR S.A. EUR 400,000, HELLENIC CABLES S.A. EUR 160,000 and CORINTH PIPEWORKS S.A. EUR 90,000. Through this donation, the Foundation is expressing its desire to stand by the patients, doctors, nurses and general staff of our country’s hospitals who are all being greatly tested during this difficult period we are going through.
Copper Value Chain.HALCOR’s vertical integration with production lines that include stages of casting, extruding, processing and foam production, enable us a robust undistracted and continuous business operation. Adding to this, our procurement department is in close contact with all our suppliers, ensuring our supply chain continuity. HALCOR has already initiated a Covid-19 Protocol that prevents any disruption in our manufacturing process by taking the following measures:Ordering raw materials with a long term stock coverage thus, stabilizing our production.Cooperating closely with our suppliers thus, enabling flexibility on the fluctuations of demand. This action in combination with the already long-lasting and established relationship with our key suppliers has offered us the possibility of an uninterrupted supply chain till now.Maintaining transparency and traceability of our supply chain and enabling alternate sourcing in order to cover possible delays or shortages.