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MYTILINEOS GROUP
SUSTAINABILITY REPORT 2011 |7
Since 1990, MYTILINEOS Group has been one
of the key pillars of Greek industry, thanks to a
dynamic portfolio of activities in the sectors of
Metallurgy, Energy and EPC Projects. A symbol of
healthy and competitive Greek entrepreneurship,
the Group evolved from a family-run metallurgy
business founded in 1908.
Investing consistently in the potential of the Greek
market, the Group’s holding company, MYTILINEOS
HOLDINGS S.A., was established in 1990 and
proceeded to a series of strategic acquisitions
and mergers in several key and rapidly growing
heavy industry sectors in Greece.
In 1995, the Company was listed on the Athens
Exchange and its share became a constituent of
the FTSE-20 large-capitalisation index. Today,
with commitment to its vision and following a
disciplined business strategy, MYTILINEOS Group
counteracts the negative effects of the domestic
crisis and posts significant growth, which is backed
by record-high business volumes and figures.
• In 2011, MYTILINEOS Group posted a
consolidated turnover of €1.57 billion.
• Through its subsidiary METKA S.A., active in
the EPC Projects sector, the Group achieves a
spectacular penetration in foreign markets that
accounts for 92% of its portfolio of projects.
• With its long-term investment plan, the Group
strengthens the traditionally strong Greek
metallurgical industry and secures the current
and future activities of ALUMINIUM S.A. as
the largest vertically integrated alumina and
aluminium producer in the EU.
• With the energy assets portfolio of its subsidiaries
PROTERGIA S.A., M&M GAS S.A. and KORINTHOS
POWER S.A., MYTILINEOS Group remains Greece’s
largest independent energy producer.
In the face of the adverse conditions created
by the crisis in Greece, MYTILINEOS Group is
today assuming more responsibly than ever
before its duty.
…To be a worthy representative of Greek business
excellence, by offering high-quality products and
services that meet the needs of the domestic and
international markets.
…To support with resolve the country’s potential
and its economic recovery, by investing in its
infrastructures and in its human capital.
…To extend its generous support to Greek society.
MYTILINEOS Group ensures more than 2,500
direct and indirect jobs and its social product in
2011 stood at €287 million.
Faithful to the principles of Sustainable Develop-
ment and Corporate Responsibility, with respect
for society, the environment, our people and our
shareholders, in every single step that it takes,
MYTILINEOS Group ensures that entrepreneurship
is inextricably linked to its social and environmental
footprint.
MYTILINEOS
Group Profile
MYTILINEOS Group – Structure
Activity Sectors
Group Companies
Ownership Stake
Company Headquarters
METALLURGY & MINING
ALUMINIUM S.A.
100.00%
Athens, GREECE
DELPHI-DISTOMON S.A.
100.00%
Athens, GREECE
ENERGY
PROTERGIA S.A.
100.00%
Athens, GREECE
M&M GAS S.A.
50.00%
Athens, GREECE
KORINTHOS POWER S.A.
65.00%
Athens, GREECE
EPC PROJECTS
METKA S.A.
56.19%
Athens, GREECE
