Impol Seval

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

Impol Seval
Native name
Импол Севал
TypeJoint-stock company
BELEX: IMPL
IndustryMetals
Founded17 January 1991 (1991-01-17)
Headquarters
Prvomajska bb, Sevojno, Užice
,
Serbia
Area served
Worldwide
Key people
Ninko Tešić (General director)
Sanja Bosiljčić (Executive director)
Budimir Bulatović (Executive director)
ProductsAluminium
Aluminium alloys
Production output
60,000 tonnes of aluminium (2017)[1]
Revenue €105.94 million (2018)[2]
€7.58 million (2018)[2]
Total assets €106.65 million (2018)[3]
Total equity €53.81 million (2018)[3]
OwnerIMPOL d.o.o. (70.00%)
Akcionarski Fond (15.00%)
Other minority shareholders
Number of employees
534 (2018)
SubsidiariesSubsidiaries
Websitewww.impol.rs
Footnotes / references
Business ID: 07606265
Tax ID: 101500886 [4]

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 8 March 2019, Impol Seval has a market capitalization of 23.95 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. "БИЛАНС УСПЕХА (2018) - Impol Seval". apr.gov.rs (in Serbian). Retrieved 29 June 2019.
  3. "БИЛАНС СТАЊА (2018) - Impol Seval". apr.gov.rs (in Serbian). Retrieved 29 June 2019.
  4. "Основни подаци о привредном друштву". apr.gov.rs (in Serbian). Serbian Business Registers Agency. Retrieved 28 February 2018.
  5. "ISTORIJAT". impol.rs (in Serbian). Retrieved 28 January 2018.
  6. 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 - 08.03.2019". belex.rs. Retrieved 8 March 2019.
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