Aluminij Mostar

Coordinates: 43°16′40″N 17°49′20″E / 43.27778°N 17.82222°E / 43.27778; 17.82222

Aluminij Mostar
Joint-stock company
Industry Metals
Founded 1975 (1975)
Headquarters Baćevići bb, Mostar, Bosnia and Herzegovina
Key people
 Dražen Pandža (Director)
Production output
 106,500 tons of aluminium (2016[1])
Owner Government of Bosnia and Herzegovina (43.99%)
Government of Croatia (12.00%)
Other minors
Number of employees
 900 (2018[2])
Website www.aluminij.ba

Aluminij d.d. Mostar is a Bosnian aluminium manufacturing company with headquarters in Mostar, Bosnia and Herzegovina. It is one of the largest regional producers of aluminium, with sales of 106,500 tons of aluminium in 2016.[1] In relation to the current manufacturing capacity it generates an annual export of more than 150 million euros.

History

Aluminij was established in 1975 in Mostar. It soon emerged as one of the largest aluminium manufacturing companies in former Yugoslavia.

Company's facilities were largely destroyed during the 1992–1995 war in Bosnia and Herzegovina and were later rebuilt.[3]

As of 2007, the company was owned 44% by the government, 44% by workers and former workers and 12% by the Croatian Privatization Fund.[4] The government's and workers' shares are to be sold to international investors.[5]

Amnesty International alleges that, during the civil war, the company "...pursued a policy of ethnic discrimination, the effects of which continue to be felt, and elements of which continue to be practised" leading the company to "...become a company with an overwhelmingly ethnic Croat workforce".[6]

Aluminij strenuously deny this allegation, saying "Aluminij d.d. Mostar is one of rare companies in Bosnia and Herzegovina which has worked in accordance to the laws and which has completely implemented the same".[7]

Mostar area alone receives an income of 40 million euros annually from Aluminij. That kind of development trend enabled investments in cultural institutions, among which are: the construction of the little scene of the Croatian National Theatre in Mostar and Aluminij Gallery.[8] (one of the most important for the city of Mostar and wider region).

Partnerships

The partners with which the Aluminij does business are renowned global companies, from which the most important are: Venture Coke Company L.L.C. (Venco-Conoco joint Venture) from the USA, Glencore International AG from Switzerland, Debis International trading GmbH, Daimler-Chrysler, Hydro ASA from Norway, Fiat from Italy, and TLM-Šibenik from Croatia.[9]

References

  1. 1 2 S., K. (18 October 2017). "Aluminij Mostar ponovo preživljava teške dane?". radiosarajevo.ba (in Bosnian). Retrieved 14 October 2018.
  2. ↑ "Aluminij danas". aluminij.ba (in Bosnian). Retrieved 14 October 2018.
  3. ↑ VAW-technologie puts Aluminij Mostar on top: state-of-the-art reduction plant will result from modernisation project. Aluminium International Today (Jan-Feb 2002 issue), quoted in AllBusiness.com, accessed 16 April 2007
  4. ↑ Deloitte report into privatization of company 2006, page 2, accessed 16 April 2007
  5. ↑ PUBLIC INVITATION FOR ALUMINIJ D.D. MOSTAR WILL BE ANNOUNCED ON 5.3.2007., Privatizacija u Federaciji BiH, dated 28 February 2007, accessed 16 April 2007
  6. ↑ Letter following up the Amnesty International report "Bosnia and Herzegovina - Behind closed gates: ethnic discrimination in employment" 26 May 2006, quoted by the Business & Human Rights Resource Centre, accessed 16 April 2007
  7. ↑ Letter following up the Amnesty International report "Bosnia and Herzegovina - Behind closed gates: ethnic discrimination in employment" 6 February 2006, quoted by the Business & Human Rights Resource Centre, accessed 16 April 2007
  8. ↑ Aluminij website Archived 2007-04-30 at the Wayback Machine., accessed 16 April 2007
  9. ↑ Aluminij website Archived 2010-10-13 at the Wayback Machine., accessed 16 April 2007
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