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Alcomet AD

ISIN: BG11ALSUAT14 | Ticker: ALCM

About Alcomet AD

Company Description

Alcomet AD is a Bulgarian leader in the production of flat-rolled and extruded aluminium products, with over 40 years history. The plant incorporates the entire downstream production cycle from billetand coil-casting through extrusion and cold-rolling to prefabricated components on a single manufacturing site in Shumen, Bulgaria. Its production facilities equipped with high-end technological solutions have a total capacity of 100 thousand tons per year.

For the last 20 years, Alcomet has invested over 130 mln. EUR in equipment modernization, sustainable manufacturing processes, focusing on the reduction of carbon emissions and improved recycling rates. The most extensive investment programme to date completed in 2020 and involved major capacity expansion in both main production divisions through the acquisition of a new 25 MN HybrEx® extrusion press and 6-high cold-rolling mill.

Year founded

1981

Served area

Worldwide

Headquarters

Shumen, II Industrial Zone, 9700 Shumen – Bulgaria

Shareholder information

Shares outstanding

17,952,959

IPO

Feb. 6, 1998

Stock exchange(s)

Bulgarian Stock Exchange

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