Boryszew company Impexmetal becomes the 20th member of Central Europe Energy Partners (CEEP)

Impexmetal from Boryszew Group became the 20th member of Central Europe Energy Partners (CEEP). This is one of the largest production and trading holdings. Impexmetal companies produce aluminum, copper, zinc, lead and bearings.

“The addition of Impexmetal Group will surely strengthen our business,” says Janusz Luks, Managing Director of Central Europe Energy Partners. “It is both due to its business scope and its international character,” Janusz Luks adds.

Impexmetal is a WSE-listed company with over 50 years of experience in foreign trade of non-ferrous metals and its semi-finished products and bearings. Impexmetal’s shares have been listed on the Warsaw Stock Exchange since 1997. Since 2005, the Company has been part of the Boryszew Group.

IMPEXMETAL SA is the owner or majority shareholder in 12 companies including six manufacturing plants. The key players are Huta Aluminium Konin, Hutmen SA Baterpol S.A. and FLT Bearings. Impexmetal was in the ranking of the 500 largest companies in CEE countries, prepared in co-operation with the international consulting firm Deloitte and published in Rzeczpospolita daily. The ranking included 955 companies from 19 countries.

The cost of energy and energy sources such as natural gas – crucial both for heating and in terms of raw materials – are very important components of production costs. Greenhouse gas emission policies and other initiatives of the EU over in 2030 and 2050 are also critical to the business. UE competitiveness among other countries is a foundation for the development of EU industry. This is the reason why Impexmetal decided to join CEEP.

CEEP is an international non-profit association based in Brussels. The Association represents the energy sector in Central Europe. CEEP’s main goal is to promote the integration of Central European energy sector under a common energy and security policy. Also, the ultimate aim of the Association is to share the knowledge and practical know-how and co-operation among energy sector and research institutes in this part of Europe.

CEEP has been operating since June 2010. Association members include companies and research institutes from Lithuania, Slovakia, Czech Republic, Romania, Hungary and Poland. Today, CEEP has 20 members. Potential future members represent CEEP region and such countries as Latvia, Estonia, Bulgaria and Croatia.