The Company is today the largest vertically integrat-
ed alumina and aluminium producer in Europe. Its
plant in Ag. Nikolaos, Viotia, employs 1,100 people
directly and more than 400 indirectly, and applies
production and commercial processes on a par with
those of the world’s top metallurgical industries.
2013 saw the completion of the two-year long
“MELLON” competitiveness enhancement pro-
gramme, which shielded ALUMINIUM against the
challenges stemming from Greece’s deep reces-
sion, reducing its annual costs by $145 million and
strengthening the competitiveness of the Group’s
Metallurgical Sector at the global level.
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 Com-
pany’s sites, which supply bauxite to ALUMINIUM
S.A., are located in the Amfissa region and employ
some 100 people.
ΕΝΕRGY
In the last ten years, MYTILINEOS Group has
evolved into the dominant independent energy
producer in Greece, carrying out an investment
plan that totalled €1 billion in value and 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 manag-
ing a rapidly growing portfolio of energy assets,
which in 2013 reached 1,200 MW from thermal
plants and more than 50 MW from energy assets
in the sector of Renewable Energy Sources (RES).
By the end of 2015, the Group will also have de-
veloped an additional 130 MW, representing an in-
vestment of €190 million, with more than 700 MW
in various stages of development.
PROTERGIA S.A. is the flagship company of MYTILI-
NEOS Group in the Energy Sector, bringing under
the same roof the management of all the energy
assets and activities of the Group. The objectives of
the Company are to build and maintain a dynamic
and diversified portfolio of energy assets, to de-
velop 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.
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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