Imerys Bauxites’ operations will merge with Mytilineos’ wholly-owned subsidiary, Delphi Distomon, as part of the Metallurgy Sector’s ongoing vertical integration. This move establishes the largest bauxite producer in Europe, significantly increasing the production capacity to 1.2 million tons annually – a European record and one of the largest globally. This strategic merger ensures a stable, […]
Athens-listed Mytilineos has secured a share in the implementation of one of the most complex and emblematic power interconnection projects in Europe.
Helleniq Energy Holdings on Monday announced it has reached a binding agreement to buy a portfolio of solar power projects, with total power of 211 megawatts, from Mytilineos Energy & Metals through its subsidiary Helleniq Renewables for an undisclosed sum.
Mytilineos on Thursday reported its best ever performance in a first quarter, with net profit after minorities soaring 113% to 143 million euros, earnings per share jumping 109% to €1.04 and EBITDA rising 72% to €225 million, while turnover rose 30% to €1.358 billion. Net debt, on an adjusted basis, stood at €948 million.
