ETEM Logo
ETEM Logo
Close
7.5.2019

THE EUROPEAN COMMISSION AND TURKEY APPROVED THE AGREEMENT BETWEEN ΕTEM BULGARIA AND GESTAMP GROUP

See more

On January 10, 2019, Viohalco announced the conclusion of an Investment Agreement between its wholly owned subsidiary Εtem Bulgaria SA (‘Etem Bulgaria’) and Gestamp Group for the establishment of two joint ventures which will focus on the extrusion and processing of aluminum profiles for the automotive industry. Having received approvals from the competent European (European Commission) and Turkish competition authorities, Etem Bulgaria and Gestamp North Europe Services, S.Lclosed on April 24, 2019, the transaction contemplated in the said Investment Agreement.

Viohalco is the Belgium based holding company of a number of leading metal processing companies in Europe. It is listed on Euronext Brussels (VIO) and the Athens Stock Exchange (BIO). Viohalco’s subsidiaries specialize in the manufacture of aluminium, copper, cables, steel and steel pipes products, and are committed to the sustainable development of quality, innovative and value-added products and solutions for a dynamic global client base. With production facilities in Greece, Bulgaria, Romania, Russia, North Macedonia, Turkey, the Netherlands, and the United Kingdom, Viohalco companies collectively generate annual revenue of EUR 4.4billion. Viohalco’s portfolio includes a dedicated technology and R&D segment, as well as recycling activities and waste management services. In addition, Viohalco and its companies own real estate investment properties, mainly in Greece, which generate additional income through their commercial development.

See all news

Other News

21.11.2019

ETEM INCLUDES HYLINE SYSTEMS IN ITS PORTFOLIO

The company will be the exclusive representative of the brand for Southeast Europe
Read more
21.11.2019

FIFTH INTERNATIONAL FACADE CONFERENCE OF ETEM GATHERED THE WORLD-KNOWN NAMES OF ARCHITECTURE

On November 16-th this year ETEM once again gathered world-renowned names in the architecture of the International Facade Engineering Conference.
Read more
19.10.2019

ETEM RECEIVES SEVERAL AWARDS IN PRESTIGIOUS FORUM MANUFACTURING EXCELLENCE AWARDS IN ATHENS

More than 250 companies from different industries participated in the competition.
Read more
12.9.2019

COMING SOON: THE FIFTH ETEM INTERNATIONAL CONFERENCE ON FAÇADE ENGINEERING

Digitization and automation in architecture will be among the highlights of the program
Read more