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OFZ, A.S.

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OFZ, A.S. - Chemicals & Materials showcase

Year Founded & Workforce

1952

410 Employees

Industry

Chemicals & Materials

Services

Ferro alloys
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OFZ, A.S. Overview

Company Headquarters: Slovakia

Founded: 1952

Workforce: ~410

Company Working: OFZ, A.S. is a versatile producer of ferroalloys, cored wires, and silicon metal. The company manufactures and sells a wide range of manganese and silicon ferroalloys, cored wires with various powder fillers, different grades of silicon metal, and furnace dust and slag by-products. OFZ is a major supplier of ferroalloys to steelmakers and foundries in Central Europe, where about 90% of the production is marketed. It has a manufacturing capacity of 136,000 TPA with 7 electric arc furnaces, and 10,000 TPA cored wires on 2 production lines. Its ferroalloys products include FeSi, FeSiMn, HC FeMn, FeSiCa, and Silicon Metal, and by-products include Microsilica SIOXID, CaSi Fume, Grasimat, and SIMAT.

Strategy

OFZ, A.S. is focused on upgrading its facilities, technologies, and products to gain a competitive edge in the market. OFZ is attempting to minimize the environmental effect of its operations. OFZ's environmentally responsible behavior is evident in its zero-waste resource management as well as its investment in better air protection through Best Available Technologies (BATs) for dust removal. It is focused on investments in technologically upgraded equipment to improve the quality of the product and cater to a wider range of end-users.

Company Snapshot

$141.77M

Revenue

410

Employees

1952

Founded

Slovakia

Headquarters

SWOT Analysis

Strengths

  • Vast product portfolio
  • Focus on R&D

Weaknesses

  • Presence limited to Europe market
  • Limited production facilities

Opportunities

  • Limited production facilities
  • Scope for investing in product launches

Threats

  • High price of raw materials
  • Strict mining regulations

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Product Offering

  • OFZ, A.S.
    • Ferro alloys

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales fell from USD 141.8 Mn in 2019 to USD 100.2 Mn in 2020.
OFZ, A.S. — By Business Segment
Series (USD Mn)20192020
Sales141.8100.2

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