MYTILINEOS Group is one of the largest Greek corporations, active in the Heavy Industries sector since 1908. For more than three generations our company's strategy focuses on creating an Industrial Group active in production sectors which are diverse but key to the country's growth.
For the Group, the last decade was a highly fruitful period that shaped the characteristics and laid the foundations on which we are now working tirelessly in order to strengthen our company. The acquisitions of METKA, of Aluminium of Greece, of a majority stake in the Hellenic Vehicle Industry (ELVO), and the establishment of Endesa Hellas, demonstrate our commitment to contributing to the development of the Greek industry and to the creation of infrastructures for the future. They also serve as a sign of a strong organisation that invests in rising sectors, such as Energy, towards realising its vision. In parallel, during the same period the Group carried out large investments in projects to improve the environmental performance of its subsidiaries and to mitigate the impact of their operation on the environment. These efforts are now being intensified in line with our strategy for sustainable growth.
For us, our presence in the Greek market is a long-standing involvement with long-term prospects. We are interested in utilising the country's potential in people, raw materials and technologies to meet the internal requirements of the market and to promote the Greek industrial solutions and products in Europe and around the world.
The prospects for growth of MYTILINEOS Group during the next five years focus on the expansion of our energy portfolio in the Greek energy market under liberalisation, and on sustaining steady growth rates in the sectors of Metallurgy and EPC construction.
The openness of our business operations is confirmed by the major business deals that were concluded, and continue to conclude, despite the adverse conditions caused by the financial crisis. The awarding to our Group's affiliated companies of the construction of projects with demanding requirements and strict specifications, serve as proof of the Greek industry's ability to compete on equal terms abroad, even in developed markets such as that of Western Europe.