ElvalHalcor combines innovation, economic growth, and responsible practices to reinforce sustainability. Our achievements reflect a dedication to driving meaningful impact, fostering a sustainable future.
Gain deeper insights into ElvalHalcor’s economic footprint and sustainable growth through the latest IOBE study. Explore the full report to learn more.
ElvalHalcor operates across the aluminium and copper segments through its aluminium rolling division (Elval) and its copper and alloys extrusion division (Halcor), and its subsidiaries. To address global challenges such as climate change, energy conservation and the circular economy, we leverage the unique properties of aluminium and copper to deliver sustainable, technologically advanced solutions and high-quality products.
production facilities with capabilities to produce wide coils and long slabs
aluminium rolling plant in Europe (in hot rolling capacity)*
in Greece
of turnover from sales abroad, reaching over 90 countries
Invested in equipment and R&D for capacity expansion and quality improvement over the last 10 years.
production facilities for copper, copper alloys and titanium zinc products.
across 4 countries
copper tubes producer in
ΕΜΕΑ (by volume) *
*Based on Cu2 Consulting estimates
producer of rolled and extruded copper products,
on track to become Europe’s No. 2
Our vision is to set the standard in the global market, offering products and solutions distinguished for their quality, reliability, competitiveness and innovation. By anticipating evolving customer demands, we consistently develop diverse and competitive solutions based on advanced technologies. Our overarching goal is to operate sustainably and responsibly, serving as a trusted business partner and creating value for all stakeholders.
Our mission is to deliver high quality and innovative aluminium and copper products that provide optimal value for our customers while increasing our market share. This mission is underpinned by our state-of-the-art technology, ongoing investments in research and development, and the expertise of our dedicated team. Sustainability is central to our growth, as we bring together people, the environment, innovation, and society in every part of our business.
We are driven by a clear purpose: to contribute to a more sustainable future for all. Our values are closely aligned to our mission, supporting our corporate culture and guiding every aspect of our work.
Our strategy centres on sustainable growth and value creation through a commitment to quality, innovation, and responsible practices. By investing in advanced production facilities, expanding into growing markets, and fostering strong customer relationships, we deliver innovative aluminium and copper solutions while prioritising long-term benefits for all stakeholders.
Elval’s aluminium is the material of choice for the new LNG fast ferry “Mercedes Pinto”
Establishment of the HALCOR NTT joint venture
Elval provides the flat rolled aluminium for the pioneering LNG-powered, high-speed catamaran, Margarita Salas.
Establishment of the NedΖink Holdings B.V. joint venture.
Major Investments Completed: The second phase of the major investment plan of the aluminium rolling division was completed, and the new lacquering line began operations.
Successful Press Revamp: The 40MN SMS press revamp, utilising advanced extrusion technology, was successfully completed on schedule in collaboration with SMS Group.
The new six-high cold rolling mill at the Elval factory in Oinofyta began operations.
ASI Chain of Custody Certification: ElvalHalcor became the first Greek manufacturer to certify its cast house, rolling, coil coating and finishing operations to the Aluminium Stewardship Initiative (ASI) Chain of Custody.
Order a new lacquering line while implementing the second phase of the major investment plan of the aluminium rolling division.
Issue of a 7-year ordinary bond loan on the Athens Stock Exchange worth EUR 250 million.
Merger by absorption of wholly owned subsidiary Fitco.
TANDEM Hot Finishing Mill: In June 2020, the new four-stand TANDEM hot finishing mill successfully initiated operations.
Elval - ASI Performance Standard: Elval was certified under the ASI Performance Standard in July.
ElvalHalcor Listed on ASE: In February 2018, ElvalHalcor shares commenced trading on the Athens Stock Exchange.
Epirus Metalworks Industry S.A. Acquisition: In April, ElvalHalcor’s copper tubes division acquired the assets of Epirus Metalworks Industry S.A. to re-activate the plant’s production capabilities and expand its international commercial network.
NedZink B.V. Acquisition: In May, after securing regulatory approval, ElvalHalcor’s copper tubes division acquired 50% of Netherlands-based NedZink B.V., entering a joint venture with Koramic to develop titanium zinc production.
In December, the merger by absorption of Elval by Halcor was completed, with Halcor being renamed ElvalHalcor Hellenic Copper and Aluminium Industry S.A. (ElvalHalcor).
Symetal Spin-Off Completed: The spin-off of the aluminium foil sector (now under Symetal S.A.) completed the internal restructuring initiated in 2015.
Elval Innovation Award: Elval won the top innovation prize for its product Elval Grain at the 3rd Applied Research and Innovation Competition ‘Greece Innovates!’
Halcor among the Leaders in Europe: Halcor gained a leading position among European copper tubes manufacturers.
Profitability Turnaround Achieved: The Group’s profitability turned around.
Halcor Joins Cenergy Holdings: Halcor became a 25% shareholder in Cenergy Holdings following its cross-border merger by absorption of Corinth Pipeworks Holdings S.A. and Hellenic Cables S.A.
International Trade Investment: Halcor participated in the share capital increase of International Trade S.A.
Sofia Med Partnership: A cooperation agreement was signed between Sofia Med and Dowa Metaltech for know-how and technology transfer.
Spin-Off & New Ventures: The spin-off of the aluminium rolling sector from Elval was absorbed by Symetal, which was later renamed Elval Hellenic Aluminium Industry S.A.
Reynolds Cuivre Formed: Halcor acquired the commercial activities and distribution network of Reynolds European’s copper segment in France, forming Reynolds Cuivre SA.
HC Isitma Founded: Halcor cooperated with Turkish company Cantas A.S. to found HC Isitma.
UACJ Partnership Continued: Furukawa-Sky Aluminium, Japan's largest rolled aluminium products producer, merged with Sumitomo Light Metal industries to form UACJ Corporation,continuing Elval’s strategic co-operation.
New Facility Completed: The construction of a new facility to increase the production capacity of long aluminium slabs at the Elval plant was completed.
Recycling Furnace Operational: A new melting furnace for aluminium scrap recycling began operations.
Bridgnorth Expansion Launched: A new investment plan was launched to enhance the production capacity of Bridgnorth Aluminium.
ISO Certification Achieved: The automotive industry standardisation procedure according to ISO TS 16949:2009 was successfully completed.
Fulgor Fully Integrated: Fulgor’s operations were fully integrated into the Group, and a restructuring of its product portfolio was launched.
Soussaki Plan Began: An investment plan began at the Company’s plant in Soussaki (Corinth).
Talos Tubes Launched: Talos® Plated and Talos® Geotherm copper tubes were launched in the market.
Sofia Med Investment: An investment plan was launched by Sofia Med to strengthen the production of value-added products.
Fulgor Milestone Completed: The major investment in Fulgor was completed, positioning the Group among the few manufacturers of high-voltage submarine cables worldwide.
OHSAS Certification Achieved: Elval's Occupational Health and Safety Management System was certified according to OHSAS 18801:2007.
Tension Leveller Operational: The new 2.5m wide tension levelling machine started operations.
Fulgor Integration: Fulgor was integrated into the Hellenic Cables Group, thus strengthening its position in terms of know-how and production capacity in the submarine and high voltage cables sector.
Production Capacity Expanded: The annual production capacity of the Oinofyta plant increased to 240,000 tons following an extensive investment plan. The group also began distributing Elval Grain aluminium sheets for use in refrigerator truck flooring.
Investment Plan Completed: The Group completed a10-year extensive investment plan to enhance it’s production base’s competitiveness.
Fitco Production Capabilities Expanded
Fitco incorporated Halcor’s brass bars and tubes manufacturing branch into its production process.
Elval’s strategic cooperation with Furukawa-Sky Aluminium was further strengthened through the latter’s acquisition of 25% of Bridgnorth Aluminium’s share capital.
Hellenic Cables (Halcor subsidiary) launched a new production process for 400 kV High and Extra high voltage cables.
Afsel was established in cooperation with Japanese company Furukawa-Sky Aluminium, focusing on promoting products for automotive heat exchangers.
Titan-Zinc Production Began: The Halcor plant in Tavros began manufacturing titan-zinc rolled products.
Cusmart® tubes Launched: The new pioneering Cusmart® tubes were launched in the market.
A new melting – cast house unit for producing 9m long slabs began operation at the Elval plant in Oinofyta.
Litho Unit Acquisition: The Lawson Mardon Star (Litho unit) was acquired by Bridgnorth Aluminium in the UK.
New Cold Mill Installation : A new cold mill for coils with a width of up to 2.5m was installed at the Elval plant in Oinofyta.
Etem New Storage Facilities: New storage facilities were constructed for Εtem at Magoula.
Hellenic Cables Acquisition: Halcor acquired a majority stake in Hellenic Cables.
Copper and Brass Production Enhanced : Sofia Med acquired the fixed assets of Kozm and the manufacturing of rolled copper and brass products was transferred to the Sofia Med plant. An extensive investment plan began to restructure and upgrade the Group’s industrial premises.
New Lacquering Line & Foil Cold Mill: A new lacquering line was installed and a new foil cold mill for coils with a width of up to 2m began operation at the Elval plant in Oinofyta.
Icme Ecab Integration: Icme Ecab was integrated into the Hellenic Cables Group, based in Romania, mainly producing of cables, plastic and rubber compounds.
A continuous casting unit was installed at the Elval plant in Oinofyta.
Vector merged with Halcor and was renamed Halcor S.A.
Halcor acquired a 4.99% holding in Hellenic Cables S.A., which is also listed on the Athens Stock Exchange.
Elval was listed on the Athens Stock Exchange.
Vector’s shares were also listed on the Athens Stock Exchange.
Etem listed on ASE : Εtem was listed on the Athens Stock Exchange.
Steelmet Incorporation: Steelmet was incorporated in Sofia, Bulgaria.
A new single stand, 2.5m width, hot mill began operation at the Elval plant in Oinofyta.
Halcor provided Vector with its rolling equipment, allowing it to begin operations in the copper and other alloy rolling, extrusion and cutting sectors.
Εtem’s metal foundry began operations at Saint Thomas.
The rolling and extrusion branches of Viem were integrated into Halcor, along with Viohalco’s experience in the sector.
Halcor was incorporated and production of billets and slabs began at the Oinofyta plant.
The rolling plant at the Elval plant in Oinofyta began operations.
Elval was incorporated, absorbing Viohalco’s aluminium segment.
Εtem was incorporated, with facilities in the industrial area of Magoula (Attica).
Hellenic Copper Industry began operations and launched production at Viohalco’s newly established industrial plants in Tavros (Attica).
ElvalHalcor's strategy combines innovation, sustainability, and market focus to deliver value in aluminium and copper processing. By optimising production capacity, leveraging advanced technologies, and maintaining minimal exposure to commodity price fluctuations, the company drives long-term growth while aligning with global trends like the circular economy and sustainability.
