Kordellos Bros S.A.
AATHEX:KORDE0.41
EUR
+0.00
(+0.74%)
Kordellos Bros S.A.
ATHEX:KORDE
(Athens Stock Exchange)
Recent
price
0.41
P/E
ratio
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div
yld
- -
ROIC.AI
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- Business
- Kordellos Bros S.A. is a Greece-based industrial and commercial enterprise engaged in the processing, trading, stocking, and distribution of steel and metallurgical products. Founded in 1953 and headquartered in Mandra, Attica, Greece, the company operates steel service centers catering to civil engineering contractors, building construction firms, metal fabrication workshops, industrial equipment manufacturers, and regional steel merchants across Greece, Cyprus, and Southeastern Europe. The company organizes its product and service offerings into flat steel products, including hot-rolled, cold-rolled, galvanized, and pickled steel sheets, coils, heavy plates, and checkered floor plates; long steel products, including structural steel beams, merchant bars, angle bars, channels, flat bars, round bars, square bars, and T-sections; tubular products and hollow sections, encompassing square, rectangular, and circular structural hollow sections, welded steel pipes, seamless tubes, and galvanized water and gas pipes; wire and mesh products, consisting of galvanized wire, industrial wire mesh, and binding wire; and specialized steel processing services, encompassing coil slitting, de-coiling and transverse cutting, custom-length sawing, computer-controlled oxy-fuel and plasma plate cutting, drilling, shot-blasting, and surface priming. In recent developments, Kordellos Bros S.A. has modernized its steel service center operations through capital investments in high-precision automated cutting and processing machinery, alongside digital supply chain and warehouse automation upgrades across its central distribution hubs. Additionally, the company has implemented green energy initiatives by deploying rooftop photovoltaic installations at its primary logistics facilities to enhance operational energy efficiency and reduce its carbon footprint, while expanding its value-added prefabrication and custom-cut steel offerings to serve burgeoning infrastructure and renewable energy projects.