Aurubis
 |
|
| Aktiengesellschaft | |
| Traded as | : NDA |
| Industry | Metals and Mining |
| Predecessor | Norddeutsche Affinerie, Cumerio |
| Founded | 17 December 2008 |
| Headquarters | Hamburg, Germany |
|
Number of locations
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Germany, Belgium, Bulgaria, United States, Italy, Switzerland, UK, Slovakia, Netherlands, Finland, Sweden |
|
Area served
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Europe, USA, Asia |
|
Key people
|
Jürgen Schachler (CEO and Chairman of the management board), Prof. Dr.-Ing. Heinz Jörg Fuhrmann (Chairman of the supervisory board) |
| Products | Copper extraction, recycling of copper and precious metals, manufactured copper products |
| Revenue | €13,336 billion (2010/2011) |
| €455,5 million (2010/2011) | |
| Profit | €320,8 million (2010/2011) |
| Total assets | €4,333 billion (September 2011) |
| Total equity | €1,740 billion (September 2011) |
|
Number of employees
|
6,279 (September 2011) |
| Website | Aurubis.com |
Aurubis AG (formerly Norddeutsche Affinerie AG) is listed on the stock exchange and is the largest copper producer in Europe (the second largest in the world) and the largest copper recycler worldwide. Its headquarters is in Hamburg, Germany. After the acquisition of the Belgian copper producer Cumerio by Norddeutsche Affinerie AG on 18 February 2008, the company re-branded itself as Aurubis as of 1 April 2009.
Aurubis produces more than one million tonnes of copper cathodes annually and from them a variety of copper products. It employs about 6,300 people (updated: September 2011).
Aurubis names the company ‘Beit, Marcus und Salomon Gold- und Silberscheider’ (‘Beit, Marcus und Salomon gold and silver parting’) in the Elbstrasse in Hamburg as its predecessor. It was first mentioned in the Hamburg merchant almanac in 1783, but Marcus Salomon Beit was already given the permission to build a silver parting and smelting furnace in Hamburg in 1770. As time went on, the company did not only smelt coins and precious metal alloys but also silver ores so that a shift of the production towards ore smelting occurred. After 1830 Hamburg ship owners started to ship copper ore on the emigration ships when they returned to Germany from North and South America or even Australia. In 1846 the ‘Elbkupferwerk’ was founded on the river Elbe’s island Steinwerder in cooperation with Johann Cesar Godeffroy and Siegmund Robinow.
The economic recovery led to the foundation of the ‘Elbhütten Affinerie- und Handelsgesellschaft’ in 1856 which merged the Elbkupferwerk and the Beit gold and silver parting company. Delivery and smelting of copper and silver ores were processed in Steinwerder, the Elbstrasse site took care of the processing by ‘affination’ in smelters and the sale of the products. The annual copper production amounted to 3,000 tonnes. On 28 April 1866 Norddeutsche Affinerie was founded as a stock corporation with participation of Norddeutsche Bank and Allgemeine Deutsche Kreditanstalt.
Copper was produced at the ‘Peute’, an industrial area of the Hamburg district Veddel since 1910. The production plants occupy great parts of the industrial area there.
Dr Werner Marnette was CEO was from 1994 to 9 November 2007.
Dr Bernd Drouven was appointed CEO from 2008 to 31 December 2011.
Peter Willbrandt was appointed CEO as of 1 January 2012.
Norddeutsche Affinerie took over 91% of the Belgium copper producer Cumerio until 18 February 2008 after a long dispute with the Austrian A-TEC Industries. A Squeeze-Out completed the acquisition of Cumerio on 15 April 2008.
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Wikipedia