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MYTILINEOS GROUP
SUSTAINABILITY REPORT 2011 |63
ALUMINIUM S.A.
ALUMINIUM S.A. was established in 1960 as “ALUMINIUM OF GREECE S.A.” and today is Europe’s most modern vertically integrated alumina and aluminium
production and trading plant. With an annual output capacity reaching 810,000 tons of alumina, 165,000 tons of primary-cast aluminium (electrolysis) and
170,000 tons of finished aluminium (end-product), ALUMINIUM S.A. is the largest alumina and aluminium producer in SE Europe. Its facilities occupy a total
area of around 7,000,000 sq.m. (700 hectares) and are located in Agios Nikolaos, on the coast of Distomon, Viotia.
Key financial figures
The viable operation and the business growth of ALUMINIUM S.A. are key priorities for MYTILINEOS Group. To this end, the Company has designed the “FUTURE”
programme, which addresses ten key measures and strategic decisions aimed at securing and improving the competitiveness of the Metallurgy sector for the
next 20 years. The programme is already under implementation and is scheduled for completion at the end of 2013.
Economic Value Table
2009
2010
2011
Turnover (€)
427,348,360
476,918,267
520,117,016
Economic value created
427,348,360
476,918,267
520,117,016
Operating costs (€)
376,272,921
439.571.979
514.472.642
Employee salaries and benefits (€)
58,827,824
51.917.102
55.144.721
Payment of income tax & other taxes (€)
535,748
-2.915.140
6.499.085
Payments to capital providers (€)
0
0
0
Investments in local communities (€)
267,600
373.800
0
Economic value distributed
435,904,093
488,947,741
576,116,448
Economic value distributed
102.0%
102.5%
110.7%
Economic value retained
-2.0%
-2.5%
-10.7%
