Halyvourgiki Hellenic Steel Industry S.A.
 | |
| Anonymi Etairia | |
| Traded as | Athex: XALY |
| Industry | Metals, manufacturing |
| Predecessor | Angelopoulos Family |
| Founded | 1925 |
| Headquarters | Athens, Greece |
Key people |
Giorgos Angelopoulos (Executive Chairman) Panagiotis Angelopoulos (Executive Vice Chairman) |
| Products |
Construction Copper Aluminium Steel |
| Revenue |
 €1.958 billion (2013)[1] |
| Total assets |
€1.560 billion (end 2013)[1] |
| Total equity |
€1.033 billion (end 2013)[1] |
Number of employees |
2.910 (end 2013)[1] |
| Website |
www |
Halyvourgiki Hellenic Steel Industry S.A. (Greek: Χαλυβουργική–Ελληνική Βιομηχανία Χαλκού Α.Ε.) has historically been one of the main steel producers in Greece, and the second largest after Viohalko.[2] Its huge, brightly colored facilities have almost become a landmark of the Elefsina area.
History
Halyvourgiki Hellenic Steel Industry S.A. effectively started business in 1925, as a trading company. It moved into wire production in 1932, and steel production in 1938.
Production was modernized and expanded after World War II, with the company moving production into a new factory in Elefsina, in 1953. The following years were its "golden age", as a construction boom connected with the Greek economic miracle lead to a huge increase in demand for steel.
Halyvourgiki faced serious economic problems during the economic crisis of the late 1980s and early 1990s in Greece, but managed to survive following a modernization program, which involved adding new products and technologies to the company.
References
- 1 2 3 4 "Financial Information 2010" (PDF). Viohalco. Retrieved 5 May 2010.
- ↑ Η Ελληνική Χαλυβουργία γιγαντώθηκε Kathimerini newspaper, 5 December 2006.
External links
- Official website (in English)
- Official company website (in Greek)