Schwermetall Overview
Company Headquarters: Stolberg, Germany
Founded: 1972
Workforce: 300
Company Working:
Schwermetall engaged in manufacturing copper and copper-based alloys. The company offers pre-rolled strips for automotive, construction, electronics, and telecommunication industries. it has an average annual turnover of EUR 370 million. Schwermetall is a 50 percent subsidiary of Aurubis AG and Wieland-Werke AG. It has capacity to produce approximately 1,000 tons of pre-rolled strips every day. It operates in Germany and supplies its products globally.
Strategy
Schwermetall is focusing on expanding its distribution network throughout Europe to increase its revenue and overall market share. It is also engaged in the development of new products, especially products marked by high levels of innovation to attract a higher number of customers. It also focused on increasing its investments on development of innovative products according to customer demands. It also plans to maintain a balanced and diversified portfolio of businesses to limit the impact of any other industry on its consolidated operating results.
