SAPA agrees to takeover of Alufinal

SWEDISH firm SAPA is to acquire Alufinal, the largest unit of the ZSNP aluminium smelter complex in Žiar nad Hronom, if the Antitrust Authority (PMÚ) approves the recent takeover deal, the TASR news agency wrote.

Alufinal specializes in the production of aluminium profiles for electrical and mechanical engineering as well as the furniture industry.

SAPA is one of the leading aluminium profile producers, with operations in Europe, Asia, and North America, and a turnover of 14 billion Swedish crowns (€1.49 billion).

ZSNP already cooperates with foreign manufacturers such as Mexico's Nemak and Norsk Hydro, Norwegian state concern.

Compiled by Martina Jurinová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Get daily Slovak news directly to your inbox

Top stories

Curfew and closed schools. Slovakia goes into a mild lockdown this weekend

Nationwide testing will follow, accompanied by another curfew.

Nationwide testing - an ambitious plan with an uncertain result

Antigen tests to be used work on patients with symptoms.

Police arrest top special prosecutor, suspected of helping a mafia group

Dušan Kováčik is known for not filing any criminal lawsuits.

State prepared an €100-million injection for tourism

The sector hit hard by the coronavirus crisis should see money at the end of this year.

Illustrative stock photo