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MYTILINEOS GROUP
SUSTAINABILITY REPORT 2011
10
1990
Establishment of MYTILINEOS S.A.
1995
MYTILINEOS S.A. is listed on the Athens Stock Exchange.
1996
Strategic agreements for commercial cooperation with leading metallurgy groups in the Balkan region.
1998
1. Acquisition of a majority stake in METKA S.A., the largest metal construction plant in Greece.
2. Acquisition of the zinc and lead processing metallurgy plant SOMETRA S.A. in Romania.
1999
Acquisition of a 30% stake in the zinc processing company Hellenic Copper Mines Ltd. in Cyprus.
2000
Acquisition of a 43% stake in State-owned ELVO S.A. through privatisation, and takeover of the company’s management.
2002
Establishment of MYTILINEOS Power Generation and Supply S.A. & MYTILINEOS Hellenic Wind Power S.A.
2005
Acquisition of 53% of ALUMINIUM OF GREECE S.A., one the largest fully vertically integrated alumina and aluminium producers
in Europe.
2006
Acquisition of SPRIDER ENERGY S.A. and DELTA PROJECT S.A., active in the development, construction and operation of hydropower
plants and wind farms.
2007
1. Strategic partnership with Endesa.
2. Establishment of Endesa Hellas, which aims to play a key part in the Greek energy market, along with its selective expansion
in SE Europe.
3. Completion of the triple merger by absorption of ALUMINIUM OF GREECE S.A. and DELTA PROJECT S.A. with MYTILINEOS Group.
2008
1. Signature of a Strategic agreement with Motor Oil in the energy sector for the construction and operation of a commercial power plant (IPP).
2. Cogeneration plant enters into trial operation. This 334 MW plant is the first thermal plant of MYTILINEOS Group to be connected
to the National grid.
2009
The MOTOR OIL and MYTLINEOS Groups announce the establishment of a joint company for the import and trading of Natural Gas
in all its forms (LNG, CNG etc.).
2010
1. Establishment and operation of M&M GAS S.A., the joint company which resulted from the Group’s strategic alliance with MOTOR OIL.
It is the first private-sector company to enter the market for trading and supply of natural gas in Greece, thus marking the effective
derugulation of the market for natural gas.
2. Establishment of Power Projects, a subsidiary of METKA S.A. in Turkey.
3. METKA S.A. wins the contract for construction of Syria’s largest power plant, with a capacity of 724 MW.
2011
1. METKA S.A. wins the contract for construction of a 1250 MW thermal power plant in Iraq.
2. ALUMINIUM S.A. signs a preliminary agreement for the gradual acquisition of the S&B bauxite operations in Greece.
3. The 444 MW power plant of PROTERGIA S.A. in Ag. Nikolaos (Viotia) enters into commercial operation.
MYTILINEOS Group – Business & Social / Environmental Development
Business Development Μilestones
