ALUMIL ALUMINIUM INDUSTRY S.A.
Another benchmark project for the listed group: ALUMIL top architectural profile series were chosen for the impressive "Park Rotana" in Abu Dhabi, U.A.E.
ALUMIL administration - confirming today's relative press releases - announces the undertaking of another remarkable project, expanding the range of Group's most complex and impressive projects in the wider Gulf Area.
A new mixed complex is created in the Emirate of Abu Dhabi, the "PARK ROTANA Mixed Use Development Area", totaling a budget $ 169.4 m.
The impressive project consists of four ten-store buildings, which include: a five-star Rotana Hotel - 280 rooms capacity - two buildings for 342 apartments, a large building for 46 offices, while an extensive mall will be based on the lower flours.
"AL MADA TOURISM INVESTMENT Co. LLC." is the owner of the project and "TERNA S.A." the construction Group. ALUMIL subsidiary in the Golf Area "ALUMIL GULF FZC", undertook the entire project, to provide PARK ROTANA with ALUMIL's systems, in cooperation with local aluminium manufacturers. The following top series were chosen:
- M14000 Deluxe - for sliding windows/doors
- M15000 Prestige - for hinged windows/doors
- M6 Solar Standard Alutherm - for curtainwalls
- M5600 Solar Protection - for shading systems
It is clearly a landmark project, rendering the Hellenic Group a major player in the wider area. ALUMIL GULF also participates in numerous projects in Bahrain, Qatar, Kuwait, Saudi Arabia, Jordan, Lebanon and more, apart from U.A.E.
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).
For more information and photo material:
Apostolos Papadopoulos-Almeida | Group Investor Relations & Research - Head
Tel: +30 2341079480 | Fax: +30 2341071988 | Investors@Alumil.com Kilkis Industrial Area | 61100 Kilkis | Greece | www.alumil.com
A new mixed complex is created in the Emirate of Abu Dhabi, the "PARK ROTANA Mixed Use Development Area", totaling a budget $ 169.4 m.
The impressive project consists of four ten-store buildings, which include: a five-star Rotana Hotel - 280 rooms capacity - two buildings for 342 apartments, a large building for 46 offices, while an extensive mall will be based on the lower flours.
"AL MADA TOURISM INVESTMENT Co. LLC." is the owner of the project and "TERNA S.A." the construction Group. ALUMIL subsidiary in the Golf Area "ALUMIL GULF FZC", undertook the entire project, to provide PARK ROTANA with ALUMIL's systems, in cooperation with local aluminium manufacturers. The following top series were chosen:
- M14000 Deluxe - for sliding windows/doors
- M15000 Prestige - for hinged windows/doors
- M6 Solar Standard Alutherm - for curtainwalls
- M5600 Solar Protection - for shading systems
It is clearly a landmark project, rendering the Hellenic Group a major player in the wider area. ALUMIL GULF also participates in numerous projects in Bahrain, Qatar, Kuwait, Saudi Arabia, Jordan, Lebanon and more, apart from U.A.E.
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).
For more information and photo material:
Apostolos Papadopoulos-Almeida | Group Investor Relations & Research - Head
Tel: +30 2341079480 | Fax: +30 2341071988 | Investors@Alumil.com Kilkis Industrial Area | 61100 Kilkis | Greece | www.alumil.com