Norddeutsche Affinerie and Cumerio Become - Europe’S Biggest Copper Producer with a New Name
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Norddeutsche Affinerie and Cumerio become - Europe’s biggest copper producer with a new name Hamburg, 16 December 2008 – Norddeutsche Affinerie AG and Cumerio nv/sa now wish to present the combination to the outside world. The new enlarged company will be called Aurubis. „The name represents all that unites us and makes us strong, our common passion for copper“, said Chief Executive Officer, Dr Bernd Drouven, today in Hamburg. „Aurubis“ is derived from Latin and means „red gold“. „The name puts in a nutshell what copper symbolizes for us and our customers – a metal of extraordinary value. It is the oldest metal in the world and has always been the cornerstone for progress and civilization. This holds true even today: mobile phones, computers, electricity – nothing would function without copper. This special meaning makes us work with passion on our product. To us, copper not only glitters like gold, it is just as valuable“, continued Drouven. Norddeutsche Affinerie AG’s well-known logo, the blue triangle, will not be changed. It has a long tradition and originally showed three metallurgical tools. It has been modernised several times in the CONTACTS: course of the company’s 142 year history. Group communications Michaela Hessling The official renaming under German commercial law will not take Head place until after the official resolution is passed at the Annual General Tel. +49/40 7883 3053 Meeting on 26 February 2009. Until then the shares will also still be e-mail: [email protected] listed as Norddeutsche Affinerie AG. The CEO assured that the new name will express the greater Marcus Kremers international importance of the company. At the same time it is also a Tel. +49/40 7883 3037 commitment to the employees and the current production sites. e-mail: [email protected] Company profile: Aurubis is the largest copper producer in Europe and is the global leader in copper recycling. The company produces some 1 million tonnes of copper cathodes and more than 1.2 million tonnes of copper products per annum. It has about 4,800 employees at twelve production sites in seven European countries (Germany, Belgium, Bulgaria, Italy, Switzerland, Great Britain and Slovakia). In its core business, the company produces marketable copper cathodes from copper concentrates, copper scrap and other recycled raw materials. These are processed in the group into continuous cast wire rod and shapes, rolled products as well as specialty wire made of copper and copper alloys. Precious metals and a series of other products, such as sulphuric acid and iron silicate, complement the product portfolio. The group’s customers include companies in the copper semi-finished products industry, the electrical engineering, electronics and chemical industries as well as suppliers of the construction and automotive industries. Aurubis is oriented to long-term growth and increasing corporate value. The strategy is mainly focused on strengthening the business, the utilisation of growth opportunities and the responsible handling of people, resources and the environment. NA shares are part of the Prime Standard Segment of the Deutsche Börse and are listed in the MDAX, in the European Stoxx 600 as well as in the Global Challenges Index (GCX). 2 .