Viohalco

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Viohalco S.A.
Société anonyme
Traded as AthexVIO
EuronextVIO
ISIN BE0974271034
Industry Metals, manufacturing
Founded 1937
Headquarters Brussels, Belgium
Key people
Evangelos Moustakas
(CEO)
Nikolaos Stasinopoulos
(Executive chairman)
Products Copper, aluminium and steel components, cables
Revenue Increase3.947 billion (2015)[1]
Decrease€249.97 million (2015)[2]
Profit Decrease€72.20 million (2015)[3]
Total assets Decrease€6.269 billion (2015)[4]
Total equity Decrease€3.118 billion (2015)[5]
Owner Stasinopoulos Family (82.93%)[6]
Number of employees
7,910 (2015)[7]
Website www.viohalco.com

Viohalco S.A. (Greek: Βιοχάλκο Α.Ε.)(Viomichania Chalkou kai Alouminiou Company), a Greek heavy industry corporation, was established in 1937, made its debut on the Athens Stock Exchange in 1947 and is included in the FTSE/Athex Large Cap stock exchange index.[8] The company is composed of tens of different companies active in the metal production, steel and aluminum trade. Its president, Nikos Stasinopoulos, is one of the richest businessmen in Greece. The magnitude of this corporation is visible in the fact that 7 percent of Greek exports are made by it. Viohalco’s overall sales for 2006 came to around 2.5 billion euros, with profits of 298 million euros - a 68 percent increase from the previous year (sales-and-profits from January–September 2006).

Viohalco has heavily invested in Romania, Bulgaria and the UK, and recently achieved a major deal in steel manufacturing with a US-based company.[9] Among the company’s publicly stated plans are the development of operations in Russia and Serbia and the construction of an energy plant in mainland Greece by early 2010. Viohalco is a large land owner in Greece and in the Balkans. There has been talk of the eventual creation of a real estate division or company by Viohalco.

In 2013, Viohalco moved its headquarters from Athens to Brussels. On 22 November 2013 it was listed on Euronext.[10]

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