Impol Seval

{{Infobox company

| name = Impol Seval

| logo = Impol Seval logo.png

| logo_caption = Official logo

| image =

| image_caption A =

| trading_name =

| native_name = Импол Севал

| native_name_lang = sr

| romanized_name =

| former_name =

| former type =

| type = Joint-stock company

| traded_as = BELEX: [http://www.belex.rs/trgovanje/hartija/dnevni/IMPL IMPL]

| industry = Metals

| genre =

| fate =

| predecessor =

| successor =

| foundation = {{Start date and age|1991|01|17|df=yes}}

| founder =

| defunct =

| location_city = Prvomajska bb, Sevojno, Užice

| location_country = Serbia

| locations =

| area_served = Worldwide

| key_people = Ninko Tešić {{small|(General director)}}
Sanja Bosiljčić {{small|(Executive director)}}
Budimir Bulatović {{small|(Executive director)}}

| products = Aluminium
Aluminium alloys

| brands =

| production = 60,000 tonnes of aluminium {{small|(2017)}}{{cite news |last1=Djukanovic |first1=Goran |title=A Closer Look at Slovenia's Impol Group |url=https://aluminiuminsider.com/a-closer-look-at-slovenias-impol-group/ |accessdate=14 October 2018 |work=aluminiuminsider.com |date=11 May 2018}}

| services =

| revenue = {{decrease}} €105.94 million {{small|(2018)}}{{cite web|title=БИЛАНС УСПЕХА (2018) - Impol Seval|url=http://pretraga3.apr.gov.rs/docRepo/download?xbcd=7100071568416&xrnd=D3FC8887F4D6042E32774EC9F42262E1EAE788E8|website=apr.gov.rs|accessdate=29 June 2019|language=Serbian}}

| operating_income =

| net_income = {{increase}} €7.58 million {{small|(2018)}}

| aum =

| assets = {{increase}} €106.65 million {{small|(2018)}}{{cite web|title=БИЛАНС СТАЊА (2018) - Impol Seval|url=http://pretraga3.apr.gov.rs/docRepo/download?xbcd=7100071568409&xrnd=E93BA61DE2D84E2692239C878E5025DB6BE65CF7|website=apr.gov.rs|accessdate=29 June 2019|language=Serbian}}

| equity = {{increase}} €53.81 million {{small|(2018)}}

| owner = IMPOL d.o.o. {{small|(70.00%)}}
Akcionarski Fond {{small|(15.00%)}}
Other minority shareholders

| num_employees = 534 {{small|(2018)}}

| parent =

| divisions =

| subsid = Subsidiaries

| homepage = {{URL|http://www.impol.rs/}}

| footnotes = {{small|Business ID: 07606265
Tax ID: 101500886}} {{cite web|title=Основни подаци о привредном друштву|url=http://pretraga2.apr.gov.rs/EnterprisePublicSearch/details/EnterpriseBusinessName/1025604?code=DAE4A7440E7DF0AD2F6D0E072FEBD2D16F187787|website=apr.gov.rs|publisher=Serbian Business Registers Agency|accessdate=28 February 2018|language=Serbian}}

| intl =

| bodystyle =

}}

Impol Seval ({{langx|sr|Импол Севал}}) is a Serbian aluminium manufacturing company headquartered in Sevojno, Užice, Serbia.

History

File:Zlatibor District IMG 9714 uzice-sevojno impol seval aluminium mill.JPG

From 1950 to 1989, the company operated as part of SOUR Valjaonica Sevojno.{{cite web|title=ISTORIJAT|url=http://www.impol.rs/o-nama/istorijat|website=impol.rs|accessdate=28 January 2018|language=Serbian}} SOUR Valjaonica Sevojno was the largest copper manufacturer in the former Yugoslavia, while the aluminum production was secondary activity of the company. In 1990, it was reorganized and operated as Valjaonica bakra i aluminijuma Sevojno.

In 1991, the two mills were split from the company. The aluminum mill has operated since 17 January 1991 as independent aluminum mill Valjaonica Aluminijuma Sevojno. The other split company was the copper mill Valjaonica Bakra Sevojno. As of 2001, the company had 1,123 employees and production output of 9,159 tonnes of aluminum products.{{cite news|last1=V.|first1=R.|title=Retki primeri uspeha|url=http://www.vreme.com/cms/view.php?id=1244133|accessdate=28 January 2018|work=vreme.com|date=13 November 2014|language=Serbian}}

In October 2002, the Government of Serbia sold 70% of shares of the company to the Slovenian aluminum company IMPOL d.d. Slovenska Bistrica for a sum of 6.5 million dollars, with the obligation to invest 14.6 million dollars in production facilities. By 2007, the production output increased seven times, amounting to 64,000 tonnes of aluminum products.

In 2017, Impol Seval delivered 280 tonnes of aluminum for the roof reconstruction of the Russian biggest Luzhniki Stadium, for the needs of 2018 FIFA World Cup.{{cite news|last1=Vlahović|first1=Branko|title="Lužniki" pod srpskim aluminijumom!|url=http://www.novosti.rs/vesti/naslovna/ekonomija/aktuelno.239.html:703939-Luzniki-pod-srpskim-aluminijumom|accessdate=28 January 2018|work=novosti.rs|date=1 January 2018|language=Serbian}} In November 2017, the president of IMPOL d.d. Jernej Cokl, stated that around 89 million euros has been invested in Impol Seval facilities over 15 years.{{cite news|last1=L.|first1=V.|title=Predsednik kompanije "Impol": Srbija nam nikada nije dala ni dinara subvencija, a Sloveniji izdvajaju ZNAČAJAN NOVAC za to|url=https://www.blic.rs/vesti/ekonomija/predsednik-kompanije-impol-srbija-nam-nikada-nije-dala-ni-dinara-subvencija-a/5fxmr3z|accessdate=28 January 2018|work=blic.rs/|date=29 November 2017|language=Serbian}}

Market and financial data

As of 8 March 2019, Impol Seval has a market capitalization of 23.95 million euros.{{cite web|title=IMPL - Impol Seval a.d., Sevojno - 08.03.2019.|url=http://www.belex.rs/eng/trgovanje/hartija/dnevni/IMPL|work=belex.rs|accessdate=8 March 2019}}