Halyvourgiki Hellenic Steel Industry S.A.
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|
| Anonymi Etairia | |
| Traded as | : |
| Industry | Metals, manufacturing |
| Predecessor | Angelopoulos Family |
| Founded | 1925 |
| Headquarters | Athens, Greece |
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Key people
|
Giorgos Angelopoulos (Executive Chairman) Panagiotis Angelopoulos (Executive Vice Chairman) |
| Products |
Construction Copper Aluminium Steel |
| Revenue |
 €1.958 billion (2013)
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| Total assets |
€1.560 billion (end 2013)
|
| Total equity |
€1.033 billion (end 2013)
|
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Number of employees
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2.910 (end 2013)
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| 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. Its huge, brightly colored facilities have almost become a landmark of the Elefsina area.
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.
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Wikipedia