Alumil administration clarifies the following, related to the information published by the newspapers "KATHIMERINI" on the 20-02-2009, "RIZOSPASTIS" on the 21-02-2009 and "PRIN" on the 22-02-2009.
In particular, it should be noted that the total number employees in ALUKOM S.A. -subsidiary of ALUMIL Group in Komotini- amounts to 99 people, while only part of the company's workforce is on a regular leave (regularly paid and insured), due to the partial decrease in production caused by the reduced demand for industrial profiles destined to Western Europe, since the beginning of the current year. Additionally it should be emphasized that no measures of elastic employment, or any other measure against the -currently in effect- Greek or European labor legislation, are implemented in any of the Groups industrial or commercial facilities.
ALUMIL is ranked among the largest aluminium extrusion and profiles production private European groups (No 1 in Greece since 2000) establishing production sites, large sales networks and warehouses for products targeting architectural & industrial use, shipbuilding, transportation, etc. With 26 subsidiaries, 20 of which are spread throughout Europe, Africa and the Middle East, ALUMIL provides production sites in four Hellenic industrial areas, Romania, Bulgaria, Serbia, Bosnia and Albania. ALUMIL has successfully infiltrated into 45 markets in Europe, the Balkans, the M. East and in the U.S.A. A significant competitive advantage remains its widespread sales network in Greece and in every client-country. Parent company was founded in 1988 and since 1998 is listed in the Athens Stock Exchange. Included eight times in GrowthPlus' Europe's 500 for its contribution to the European economy, ALUMIL Group sales surpassed euro 287 m. in 2007, while EBITDA reached euro 43 m.
Filoktimon Vakalis | Group Investor Relations & Research - Head
Tel: +30 2341079300 | Fax: +30 2341071988 | Investors@Alumil.com
Kilkis Industrial Area | 61100 Kilkis | Greece | www.alumil.com
(Symbols: Athens Stock Exchange: ÁËÌÕ, Reuters: ALMr.AT, Bloomberg: ALMY GA, Telerate (Bloomberg): GR;ALMY).