CORPORATE
MADRID WAS HOST TO THE SECOND ANNUAL EXECOM

The executives and division heads of Beroa Technology Group GmbH held their international meeting, the EXECOM, last July 29th and 30th in Madrid, Spain.This event was represented by 22 business leaders from Beroa and its subsidiaries, brought together to develop strategy for the group in the coming months. Three separate working sessions were conducted.The objective was to establish and implement short term action plans that coincide with Beroa’s global business strategy.

Beroa acquires Steelcon
SOUTH AMERICA
The largest steel mill of Argentina entrusts BEROA with a $52 million project
UNITED STATES
A cement plant will be modernized with more than 4,700 M.T of refractory material
 
BEROA ACQUIRES STEELCON
Beroa Technology Group recently acquired a majority interest in Steelcon, a Danish company, known throughout the world as a leader in the construction of metallic industrial smokestacks. This integration into the Beroa Group, allows Beroa to expand its portfolio of services to our current as well as prospective customers. Beroa can now offer alternative solutions that best suit the customers particular needs and requirements, whether metallic or conglomerate chimneys.
 
"Steelcon acquisition will allow Beroa increase its annual sales by 30 m.€" Steelcon, which is headquartered in the city of Esbjerg on the western coast of Denmark, was founded in 1981 by Peder Møller Andersen, who continues as its CEO and shareholder. In the past 27 years, the company has erected more than 5,000 steel smokestacks in several continents including Europe, Africa and Australia. In addition to the construction of complete
steel chimney structures which can range from 10 to 130 meters tall, Steelcon offers solutions in steel liners for the interior of smokestacks. Steelcon also performs soundproofing for smokestacks, conduits, and constructs telecommunications towers.
Jorge Álvarez, Beroa’s Chief Corporate Officer, states that "Steelcon is the result of one individual’s intuitive vision, Peder Møller Andersen, and the dedicated hard work of his team. Our first impression of Steelcon was confirmed by subsequent discussions with Steelcon management which allowed us to appreciate the exceptional human and professional qualities of this organization. The integration of Steelcon into the Beroa Group not only adds another technological solution to the array of services offered by Beroa, it also incorporates a great professional team."

The addition of Steelcon into the Beroa Group, allows Beroa to reinforce and enhance its current presence in northern Europe and Asia. In turn, the Beroa Group with its market presence in the United States and South America will open new markets for Steelcon.

Beroa will increase its annual sales volume by an estimated 30 million euros from the Steelcon acquisition. Beroa Group is enthusiastic about the future synergistic benefits that will develop from the relationship Steelcon, being the European leader in the construction of steel smokestacks provides a high level of quality control in its workmanship, process standardization and excellent engineering experience.
 

 

Team work & collaboration

MANFRED STEIGER
Chief Operative Officer

A “group effort” corporate philosophy has inspired cooperation among the various affiliated companies which epitomize the Beroa Technology Group principles. This is the key to our ability to offer clients the best possible options in terms of competitiveness, quality, effectiveness and efficiency in executing their specific projects.
A sincere respect for the individual cultures of each of our affiliated companies is essential. All companies that comprise the Beroa Group, each have a long history and tradition of market leadership, product quality and cost competitiveness.

 
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