Registered office:
Kolkáreň 35, 976 81 Podbrezová

IČO(Company identity number):
31562141

Securities data

Share capital:
2 384 135 000,- Sk

ISIN:
CS0005056456

Nominal value
1 000,- Sk

Železiarne Podbrezová., a.s.

Description of the company

The company is the sole producer of steel tubes in Slovakia and, at the same time, one of the most important ones in eastern Europe. It holds a dominant position in the hot-rolled seamless tubes market. It exports around 75% of output, especially to the Czech Republic, EU countries, eastern Europe, as well as the Middle and Far East. In terms of sales, it takes third place among metallurgical enterprises in Slovakia. It employs around 4,100 people.

Year 1996 1997
Turnover 3.0 bill. Sk 3.6 bill. SK
Profit 20 mil Sk 30 mil Sk

Acquisition

The acquisition took place from June to July 1996 by buying shares from domestic investors. We carried it out on our own account, with some funding from external sources. Subsequently, we sold our stake to the final customer. We managed to buy a 0.4% participation in the share capital. The acquisition volume totalled 52 million SKK.