HALCOR, S.A. presented today, Friday April 7, to the Union of Greek Institutional Investors, its profitable development, total financial figures, production structure, range of products and general strategic plan.

More specifically, the representatives of the company pointed out that, in 2005, the Company's consolidated turnover amounted to euro 712 mil. in comparison with euro 559 mil., in 2004, increasing by 27%. The profit after taxes and minority rights amounted to euro 3,5 mil. and the profit before taxes, interest and depreciation (E.B.I.T.D.A.) to euro 48 mil.

The company HALCOR continued in 2005 its significant investing program, especially in the plant of its subsidiary SOFIA MED, in Bulgaria. The total amount of the Group's investments, in 2005, was euro 18 mil. The total amount of the investments from the year 2000 until today is euro 199 mil. approximately. As a result of this the production capacity of the Group, during this period, has been doubled.

During the presentation, data and information was provided, regarding the structure of the Group HΑLCΟR, as well as its significant production basis, through its four main industrial installations in Oinophyta (Foundry and Pipe works), in Athens (Rolling plant of zinc titanium) and in Sofia, Bulgaria (SOFIA MED SA). Further information was provided, concerning the products of the Group and its remarkable sales network in Greece and abroad.

The basic future goals of HALCOR were also presented, the main of which are to strengthen its domination in the Greek Market, the further development of its export activities in the Balkans, East Europe, the Middle East and the other countries of the Mediterranean and also the production of new products, with higher value added, which can meet the new increased market requirements. It was also pointed out that the company pays a lot of attention to the application of the new technology, in the production process, as well as to the protection of the environment, the improvement of the working conditions and to the continuous education and development of its human recourses.

Finally, the representatives of the Company provided information, regarding the merger process of the companies HALCOR and FITCO, through absorption of the latter by the former, which continues in a satisfactory way.