Elastron SA. Stock Analysis ELSTR.AT

Elastron SA engages in the import, processing, and resale of steel, steel plates, iron goods, steel constructions and cladding systems. The company is headquartered in Aspropyrgos, Attiki and currently employs 234 full-time employees. The company operates two manufacturing plants and warehouses: the Agios Ioannis division, which includes offices, warehouses and industrial plants, and the Scaramagas division, housing industrial plants and warehouses. Its product lines are divided into three divisions: Steel Products, which includes hot and cold rolled steel plates, teary and chequered steel plates, corrugated and trapezoidal steel plates to cover buildings and aluminum plates; Longitudinal Steel Plates, which covers longitudinal products including iron sections such as hollow beams, corners, and bulbar blades, and Iron Pipes, which includes galvanized and non-galvanized iron pipes. In August 2012, it acquired 93% stake in Fotokypseli LTD and in Fotodiodos Ltd respectively, both engaged in electricity production and distribution. In March 2013, it established a new subsidiary, Elastron Agrotiki AVEE, based in Xanthi.