ElvalHalcor: Circular Economy as a Sustainability Strategy

Angelos Yazitzoglou, Deputy Chief Financial Officer at ElvalHalcor, emphasized at the 6th OT FORUM that the circular economy is a key strategy for long-term sustainability and growth, going beyond simple environmental responsibility.

ElvalHalcor operates in over 90 countries, exporting over 90% of its production and is the second largest industry in Europe in aluminum rolling. In the last 10 years, it has invested over €1 billion in technologies and recyclable materials.

Mr. Yazitzoglou referred to the high energy costs in Greece as a challenge to the company's competitiveness. According to a study by IOBE, ElvalHalcor's contribution to GDP is €1 billion, while its exports account for 71% of the sector's total exports. The company creates €740 million in social product and supports 18,000 jobs.