rope. Its plant in Ag. Nikolaos, Viotia, employs
1,100 people directly and more than 400 indirectly,
and applies production and commercial process-
es on a par with those of the world’s top metal-
lurgical industries.
2012 saw the launch of the “MELLON” competi-
tiveness enhancement programme, whose aim is
to safeguard ALUMINIUM against the challenges
stemming from Greece’s deep recession and to
improve the competitiveness of the Group’s Met-
allurgical 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 Compa-
ny’s plants, which supply bauxite to ALUMINIUM
S.A., are located in the Amfissa region and employ
some 100 people.
ENERGY
In the last ten years, MYTILINEOS Group has
evolved into the dominant independent energy
producer in Greece, by carrying out an investment
plan that totalled €1 billion in value and by leading
the deregulation of the energy market – a market
that opens up opportunities for the Greek econo-
my and for Greek businesses.
By leveraging the synergies with METKA and M&M
Gas, the Group today has in place a broad range of
activities in the energy sector, from the construc-
tion of power plants to the supply of natural gas
and the injection of the electricity produced into
the Transmission Network.
The Group is managing a rapidly growing portfolio
of energy assets, which in 2012 reached 1,200 MW
from thermal plants, as well as more than 50 MW
from energy assets in the sector of Renewable En-
ergy Sources (RES).
PROTERGIA S.A. is the flagship company of MY-
TILINEOS Group in the Energy Sector, bringing
under the same roof the management of all the
energy assets and activities of the Group. The
goals of the Company are to build and maintain a
dynamic and diversified portfolio of energy assets,
to develop business activities in the wholesale
and retail electricity markets, to participate in the
market for CO2 emissions trading, and to expand
to the energy markets of neighbouring countries.
2012 was the first year during which all three ther-
mal power plants managed by PROTERGIA were
in full operation. As a result, the Group’s Energy
Sector is now on a par with its other business
activity sectors and represents the third pillar on
which the Group’s prospects for improved finan-
cial performance rely.
M&M GAS Co S.A. was established by MYTILI-
NEOS Group and MOTOR OIL Group in 2010, and
is active in the supply and trading of natural gas
(liquefied or non-liquefied). The Company seeks to
meet the needs of the two Groups in natural gas
under competitive terms and to market natural
gas to third parties. Its establishment has paved
the way for the deregulation of the domestic mar-
ket for natural gas, as M&M GAS was the very first
company in Greece to import a private liquefied
natural gas cargo (LNG).
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