ALUMIL ALUMINIUM INDUSTRY S.A.
Press Release
Alumil Milonas administration announces with content a new strategic, exclusive agreement with "Biosar Energy S.A.", member of the Elliniki Technodomiki TEB - Aktor Group, for the assembly of aluminium mounting structures for photovoltaic (PV) modules.
Biosar, designs, constructs and operates electric power stations exploiting renewable energy sources, like wind parks, PV parks, hydroelectric stations and hybrid systems. It also provides related services (research, construction, operation, management and maintenance) for PV parks and guaranteed high performance related equipment.
The largest Hellenic aluminium extrusion Group is the exclusive Biosar supplier of aluminium systems from special aluminium alloys, to construct frames for the assembly of aluminium mounting structures for PV modules. The contract relates to hundreds of specially processed profiles tons per annum.
Catalysts for the cooperation stood the Alumil Group impressive production capacity, the second-to-none quality and complexity of the profiles produced, in tandem with the sound cooperation of both groups' specialised staff. The agreement further allows Biosar to provide with mounting structures PV Parks of tens of MW per year, driving the way towards a leading market share. The strategic agreement arrived as a result of the excellent existing cooperation between the two Groups.
ALUMIL is ranked among the largest aluminium extrusion and profiles production private European group (No 1 in Greece since 2000) establishing production sites, large sales networks and warehouses for products targeting architectural & industrial use, shipbuilding, transportation, etc. With 26 subsidiaries, 20 of which are spread throughout Europe, Africa and the Middle East, ALUMIL offers production sites in four Hellenic industrial areas, Romania, Bulgaria, Serbia, Bosnia and Albania. ALUMIL has successfully infiltrated into 45 markets in Europe, the Balkans, the M. East and in the U.S.A. A significant competitive advantage remains its widespread sales network in Greece and in every client-country. Parent company was founded in 1988 and since 1998 is listed in the Athens Stock Exchange. Included eight times in GrowthPlus' Europe?s 500, ALUMIL's Group sales surpassed 243 m. euros in 2006, while EBITDA exceeded 39.5 m. euros.
(Symbols: Athens Stock Exchange: ΑΛΜΥ, Reuters: ALMr.AT, Bloomberg: ALMY GA, Telerate (Bloomberg): GR;ALMY).
Biosar, designs, constructs and operates electric power stations exploiting renewable energy sources, like wind parks, PV parks, hydroelectric stations and hybrid systems. It also provides related services (research, construction, operation, management and maintenance) for PV parks and guaranteed high performance related equipment.
The largest Hellenic aluminium extrusion Group is the exclusive Biosar supplier of aluminium systems from special aluminium alloys, to construct frames for the assembly of aluminium mounting structures for PV modules. The contract relates to hundreds of specially processed profiles tons per annum.
Catalysts for the cooperation stood the Alumil Group impressive production capacity, the second-to-none quality and complexity of the profiles produced, in tandem with the sound cooperation of both groups' specialised staff. The agreement further allows Biosar to provide with mounting structures PV Parks of tens of MW per year, driving the way towards a leading market share. The strategic agreement arrived as a result of the excellent existing cooperation between the two Groups.
ALUMIL is ranked among the largest aluminium extrusion and profiles production private European group (No 1 in Greece since 2000) establishing production sites, large sales networks and warehouses for products targeting architectural & industrial use, shipbuilding, transportation, etc. With 26 subsidiaries, 20 of which are spread throughout Europe, Africa and the Middle East, ALUMIL offers production sites in four Hellenic industrial areas, Romania, Bulgaria, Serbia, Bosnia and Albania. ALUMIL has successfully infiltrated into 45 markets in Europe, the Balkans, the M. East and in the U.S.A. A significant competitive advantage remains its widespread sales network in Greece and in every client-country. Parent company was founded in 1988 and since 1998 is listed in the Athens Stock Exchange. Included eight times in GrowthPlus' Europe?s 500, ALUMIL's Group sales surpassed 243 m. euros in 2006, while EBITDA exceeded 39.5 m. euros.
(Symbols: Athens Stock Exchange: ΑΛΜΥ, Reuters: ALMr.AT, Bloomberg: ALMY GA, Telerate (Bloomberg): GR;ALMY).