Slovalco
{{More citations needed|date=January 2023}}
{{Infobox company |
name = Slovalco|
type = Private company|
foundation = 1993 |
location = Žiar nad Hronom, Slovakia|
key_people = Milan Veselý, CEO|
num_employees = 490 (2014) |
revenue = 12px US$426 million (2006) |
industry = aluminium |
products = aluminium products, aluminium alloys |
homepage = [http://www.slovalco.sk/web/homepage_ne.nsf/mainFrameset?OpenFrameset http://www.slovalco.sk]
}}
Slovalco is a large Slovak metallurgical company that produced 160,000 tonnes of aluminium and alloys per annum.
In 2022, Slovalco laid off most of its 450 employees, citing high energy costs.{{Cite web |last=a.s |first=Petit Press |title=Vláda nezasiahla, Slovalco končí. Nepomohli mu ani silní majitelia |url=https://index.sme.sk/c/23070712/slovalco-prezili-desatrocia-odstavili-ich-ceny-energii.html |access-date=2023-01-09 |website=index.sme.sk |language=sk}} Instead of concentrating on primary aluminium production, the company re-oriented to remelting with an expected annual output of roughly 75,000 tons.{{Cite web |last=Hlaváčová |first=Michaela |date=2022-08-17 |title=Slovalco ukončí výrobu primárneho hliníka |url=https://spravy.rtvs.sk/2022/08/slovalco-ukonci-vyrobu-primarneho-hlinika/ |access-date=2023-01-09 |website=Správy RTVS |language=sk-SK}} In January 2023, the company shut down the remaining 10 cells, ceasing aluminium production in the city after almost 70 years.{{Cite web |last=Aktuality.sk |title=Výroba hliníka v Žiari nad Hronom sa končí, Slovalco odstavuje posledné pece |url=https://www.aktuality.sk/clanok/gFV2JRE/vyroba-hlinika-v-ziari-nad-hronom-sa-konci-slovalco-odstavuje-posledne-pece/ |access-date=2023-01-09 |website=Aktuality.sk |language=sk}}
History
- December 1985 - approval of project by the ČSSR's government in Prague ;
- March 1986 - know - how contract signed with Hydro Aluminium and start of construction ;
- 1987 - carbon plant is finished
- 1989 - potroom is finished
- 1989 - last year of financing from state centralized sources
- 1992 - construction ceases (65% of project complete)
- April 1993 - negotiation with EBRD
- 7 June 1993 - Slovalco is founded
- July 1994 - Slovalco signs a sovereign guaranteed loan agreement with EBRD
- October 1994 - EBRD and Hydro Aluminium become shareholders
- June–December 1995 - the first 172 cells put into operation
- 1996 - full operation of electrolysis - 112,000 tons produced
- August 2003 - 54 additional reduction cells put into operation - 226 cells in operation
- June 2004 - the millionth tonne of aluminium produced
Ownership
Slovalco is owned 44.7% by a Slovak company called Penta Investments while the remaining 55.3% is owned by Norwegian company Hydro Aluminium part of Norsk Hydro based in Oslo, Norway.
Gallery
References
{{reflist}}
External links
- [https://web.archive.org/web/20070819132555/http://www.slovalco.sk/web/homepage_ne.nsf/mainFrameset?OpenFrameset Home page]
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