9
S U S TA I NAB I L I T Y R E PORT 2 0 1 2
Starting with the acquisition of
ALUMINIUM OF GREECE S.A. in 2005,
which marked a major turning point in
its evolution, the Group gave top pri-
ority to the efforts to develop and en-
hance the competitiveness of its met-
allurgy branch, and has since evolved
into one of the sector’s strongest
players in SE Europe. ALUMINIUM S.A.
and its subsidiary DELPHI-
DISTOMON S.A. are today a key driv-
ing force for the growth of the Greek
economy and for the development of
the Greek periphery. From 1960 to this
day, ALUMINIUM S.A. remains a strong
pillar of Greek industry, with an annual
production capacity that exceeds
170,000 tons of aluminium and
810,000 tons of alumina. The Com-
pany is today the largest vertically in-
tegrated alumina and aluminium pro-
ducer in Europe, and its industrial
complex in Ag. Nikolaos (Viotia) applies
production and trading practices on a
par with those of the world’s top met-
allurgical industries. In addition, 2012
saw the launch of the company’s
“MELLON” competitiveness-improve-
ment programme, designed to safe-
guard ALUMINIUM S.A. from the chal-
lenges stemming from Greece’s deep
recession and to improve the com-
petitiveness of the Group’s Metallur-
gy Sector for the next twenty years.
DELPHI-DISTOMON S.A.
DELPHI-DISTOMON S.A. is the second
largest bauxite producer in Greece and
in Europe, with an annual production
of 650,000 tons. The company’s mines,
which supply bauxite to ALUMINIUM
S.A., are located in the Amfissa region
and employ around 100 people.
Established in 1962, METKA S.A. is to-
day Greece’s top EPC (Engineering-
Procurement-Construction) contrac-
tor, undertaking implementation of
turn-key projects from design and
procurement through to construction
and commissioning. The Company
specialises in the construction of pow-
er plants (combined-cycle, conven-
tional thermal and hydropower) and
has achieved significant penetration in
developing markets abroad, with proj-
ects currently under way in Europe,
Turkey, the Middle East and North
Africa. METKA S.A. competes on an
equal footing with global EPC giants,
as it has been established as one of the
strongest players in the market for EPC
projects in Europe and beyond, as well
as one of the leading Greek exporting
companies. The Company has been
listed on the Athens Exchange since
1973 and its share is today a con-
stituent of the FTSE-ASE/25 Large
Cap index. In parallel, its strong in-
dustrial production base allows it to
manufacture custom mechanical parts
and to have a strong presence as a spe-
cialist contractor for Infrastructure
and Defence projects. Finally, the 7th
Class Contractor’s Certificate obtained
by METKA S.A. has expanded the op-
portunities for its participation in a
broad range of public works in the
Greek market.
Activity sectors
METALLURGY
and MINING
EPC PROJECTS
MYTILINEOS Group - Structure
ACTIVITY
SECTORS
GROUP
COMPANIES
OWNERSHIP
STAKE
COMPANY
HEADQUARTERS
METALLURGY &
MINING
ALUMINIUM S.A.
DELPHI-DISTOMON S.A.
100.00%
100.00%
Athens, GREECE
Athens, GREECE
ENERGY
PROTERGIA S.A.
X
M&M GAS Co S.A.
KORINTHOS POWER S.A.
100.00%
50.00%
65.00%
Athens, GREECE
Athens, GREECE
Athens, GREECE
EPC PROJECTS
METKA S.A.
56.19%
Athens, GREECE
