Bedrijfsomschrijving

Introduction

The Company was established by Hungarian private individuals in 1995 when the privatization of the aluminium industry started. During the privatization the Company gradually acquired full or partial control over businesses that tied in closely with the aluminum sector (Bakony bauxite mine, Ajka alumina plant, Inota aluminum smelter), and transformed into a company limited by shares at the same time.

Later the Company established a producing company (MAL-Product S.R.L.) in Rumania and a trading company (MAL-Deutschland GmbH) in Germany to enhance its market positions. The Company diversified its Hungarian portfolio too with establishing the aluminium foundry MAL-MWK Ltd. and the Várpalota Industrial Park to form the present organization of the Group known as MAL Hungarian Aluminium Production and Trade Company Limited by Shares
(MAL Rt.)

The Alumina and Aluminium Branches of the Company are vertically aligned in terms of product flow to utilize unique conditions whereby the total volume of the bauxite available for profitable exploitation in Hungary can be processed into hydrate and alumina, (whilst producing synthetic zeolite and metallic gallium as by-products). The hydrates and aluminas are marketable as products themselves, the alumina may be processed in smelters to yield a variety of marketable aluminum semis. The Group exports 70-75% of its products to Western European countries.

MAL Rt. reorganized its structures in 1997-98 and set up product driven business units - divisions - which have independent clearing and incentive systems with a substantial reduction of operating costs. It also introduced an integrated group level IT system which has been supported the activity of the Group with its logistics, financial and production control modules.

MAL Rt. started with a restructuring which included the purchase of the majority ownership in the slowenian SILKEM d.o.o. company producing different types of zeolithes and ground aluminas at the end 2001. This new company is in line with the activity of the Alumina Branch. (Since 2004 SILKEM has been the owner of the Slovenian company ALUSIL d.o.o. that produces tabular aluminas.) In the course of the privatization in Bosnia in June 2004 the MAL Rt. acquired the 51% majority ownership of the Bauxite Mine Company Rudnici Boksita Jajce which bauxite with its excellent quality could complement the limited available domestic supply very well.

The goal of MAL Rt. calls for marketable product structure, high quality poroducts, the utilization of existing human resources and maximum adherence to environmental rules in an effort to strengthen corporate market positions in the region of Central Europe. The strategic development plans of the group are targeted at capital expenditure projects designed to create new jobs, to promote product restructuring, to achieve continuous improvements in quality with a view to creating the conditions of long term operation for the Group.

Producten

Products

Alumina Branch

The predecessor of the Alumina Branch of MAL the Ajka Alumina Plant was founded on the domestic bauxite occurrences in 1943. Ajka is a small West-Hungarian town north of Lake Balaton. The growth of the town has been established by its industry.

The main products of the Branch are: special calcined aluminas and aluminium hydroxides, different synthetic zeolites and high purity gallium.

The share of high-added-value products is continuously increasing within the sales. The majority of the Branch's several hundred customers are located in the most developed industrial countries.


Aluminium Branch

The predecessor of the Aluminium Branch of MAL the Inota Aluminium Smelter was founded on the domestic bauxite occurrences and alumina production in 1952. Today this Branch operates the single Hungarian aluminium smelter with the capacity of 35.000 tons/year.

The main products of the Branch are: different unalloyed and alloyed aluminium wires, thin strips, slugs and foundry alloys.

The share of high-added-value products is continuously increasing within the sales. Approximately 70 % of the Branch’s products are exported to the most developed industrial countries.

Materialen

• Aluminium

Certificaten

• ISO 9001