Impol Seval

Coordinates: 43°50′24.7″N 19°53′13.6″E / 43.840194°N 19.887111°E / 43.840194; 19.887111

Impol Seval
Native name
 Импол Севал
Joint-stock company
Traded as BELEX: IMPL
Industry Metals
Founded 17 January 1991 (1991-01-17)
Headquarters Sevojno, Užice, Serbia
Area served
 Worldwide
Key people
 Ninko Tešić (General director)
Sanja Bosiljčić (Executive director)
Budimir Bulatović (Executive director)
Products Aluminium
Aluminium alloys
Production output
 60,000 tones of aluminium (2017)[1]
Revenue Increase €127.63 million (2017)[2]
Decrease €6.40 million (2017)[2]
Total assets Increase €92.96 million (2017)[3]
Total equity Increase €46.48 million (2017)[3]
Owner IMPOL d.o.o. (70.00%)
Akcionarski Fond (15.00%)
Other minority shareholders
Number of employees
 675 (2017)
Subsidiaries Subsidiaries
Website www.impol.rs
Footnotes / references
Business ID: 07606265
Tax ID: 101500886 [4]

Impol Seval (Serbian: Импол Севал) is a Serbian aluminium manufacturing company headquartered in Sevojno, Užice, Serbia.

History

Impol Seval facility as seen from street.

From 1950 to 1989, the company operated as part of "SOUR Valjaonica Sevojno".[5] "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.[5]

In 1991, it was split from the company and operated since 17 January 1991 as independent aluminum mill "Valjaonica Aluminijuma" Sevojno.[5] The other split company was copper mill "Valjaonica bakra" Sevojno. As of 2001, the company had 1,123 employees and production output of 9,159 tonnes of aluminum products.[6]

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.[6] By 2007, the production output increased seven times, amounting to 64,000 tonnes of aluminum products.[6]

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.[7] 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.[8]

Market and financial data

As of 26 January 2018, Impol Seval has a market capitalization of 26.61 million euros.[9]

Subsidiaries

This is a list of companies that operate as subsidiary of Impol Seval:

  • Impol Seval Tehnika d.o.o.
  • Impol Seval Final d.o.o.
  • Impol Seval PKC d.o.o.
  • Impol Seval President d.o.o.

See also

References

  1. ↑ Djukanovic, Goran (11 May 2018). "A Closer Look at Slovenia's Impol Group". aluminiuminsider.com. Retrieved 14 October 2018.
  2. 1 2 "БИЛАНС УСПЕХА (2017) - Impol Seval". apr.gov.rs (in Serbian). Retrieved 26 July 2018.
  3. 1 2 "БИЛАНС СТАЊА (2017) - Impol Seval". apr.gov.rs (in Serbian). Retrieved 26 July 2018.
  4. ↑ "Основни подаци о привредном друштву". apr.gov.rs (in Serbian). Serbian Business Registers Agency. Retrieved 28 February 2018.
  5. 1 2 3 "ISTORIJAT". impol.rs (in Serbian). Retrieved 28 January 2018.
  6. 1 2 3 V., R. (13 November 2014). "Retki primeri uspeha". vreme.com (in Serbian). Retrieved 28 January 2018.
  7. ↑ Vlahović, Branko (1 January 2018). ""Lužniki" pod srpskim aluminijumom!". novosti.rs (in Serbian). Retrieved 28 January 2018.
  8. ↑ L., V. (29 November 2017). "Predsednik kompanije "Impol": Srbija nam nikada nije dala ni dinara subvencija, a Sloveniji izdvajaju ZNAČAJAN NOVAC za to". blic.rs/ (in Serbian). Retrieved 28 January 2018.
  9. ↑ "IMPL - Impol Seval a.d. , Sevojno - 26.01.2018". belex.rs. Retrieved 28 January 2018.
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