19 February 2009
Corporate News

Corus and Elastron inaugurate Thessalonica service centre

Corus and Elastron, the Greek steel distributor and processor until recently called Kalpinis-Simos, are today inaugurating a new joint-venture service centre in northern Greece that will focus on strip and long products.

The 50/50 joint venture, Tata Elastron SA, will serve the Greek, Balkan and other nearby markets.  The service centre occupies a logistically well-positioned site on recently acquired land in an industrial estate in Thessalonica.

As well as investing in the land and buildings, Tata Elastron has installed two new cut-to-length lines, a new slitting line, a cold saw and a shot-blasting machine.

Elastron operates a large strip and long products distribution business near Athens.  At the same location it also runs two composite panel lines in a 50/50 joint venture with Corus’ Distribution & Building Systems (CD&BS) Division. Corus Distribution Europe, the partner in the Thessalonica JV, is part of this division.

Corus Distribution Europe Managing Director Adriaan Vollebergh said: “It is very pleasing to be able to expand the value-adding partnership we have built up over the last ten years with Elastron.  Corus and Elastron comprise a winning combination in the fast-growing markets of south-eastern Europe.”

Athanasios Kalpinis, Managing Director of Elastron, stated: 'The new venture will introduce a new level of service and customer satisfaction for steel products in northern Greece and neighbouring countries.'