Type | Aktiengesellschaft |
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Traded as | FWB: NDA |
Industry | Metallurgy |
Predecessor | Norddeutsche Affinerie, Cumerio |
Founded | 17 December 2008 |
Headquarters | Hamburg, Germany |
Number of locations | Germany, Belgium, Bulgaria, Italy, Switzerland, Great Britain and Slovakia |
Area served | Europe |
Key people | Bernd Drouven (CEO and Chairman of the management board), Ernst Wortberg (Chairman of the supervisory board) |
Products | Copper extraction, recycling of copper and precious metals, manufactured copper products |
Revenue | €9.865 billion (2009/2010)[1] |
Operating income | €475.1 million (2009/2010)[1] |
Profit | €324.2 million (2009/2010)[1] |
Total assets | €3.410 billion (September 2010)[1] |
Total equity | €1.310 billion (September 2010)[1] |
Employees | 4,830 (September 2010)[1] |
Website | www.aurubis.com |
Aurubis AG (FWB: NDA) is the largest copper producer in Europe.[2] The company is headquartered in Hamburg, Germany.
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In 1866 Norddeutsche Affinerie was incorporated as a stock company. Aurubis was founded on 17 December 2008, after the buy-out of Cumerio by Norddeutsche Affinerie.[3] In March 2009, the General Meeting of Norddeutsche Affinerie renamed the company to Aurubis.[4]
Aurubis is the global leader in copper recycling. It produces some 1 Mt/y of copper cathodes and more than 1.2 Mt/y of copper products per year. It has about 4,800 employees at 12 production sites in seven European countries (Germany, Belgium, Bulgaria, Italy, Switzerland, Great Britain and Slovakia).
Aurubis produces copper cathodes from copper concentrates, copper scrap and other recycled raw materials. These are processed into continuous cast wire rod and shapes, rolled products as well as specialty wire made of copper and copper alloys. Precious metals and a series of other products, such as sulphuric acid and iron silicate are also produced.