Aluminij

Aluminij

Aluminij d.d. Mostar is a company based in Mostar, Bosnia and Herzegovina and owned by Federation of Bosnia and Herzegovina. It is a large regional producer of aluminium, with sales of 135 million tons of aluminium in 2006.

The facilities of the company were destroyed during the 1992–1995 war in Bosnia and Herzegovina and were later rebuilt.

As of 2007, the company was owned 44% by the government, 44% by workers and former workers and 12% by the Croatian Privatization Fund. The government's and workers' shares are to be sold to international investors.

Aluminij d.d. Mostar is one of the most influential companies in the city, region, but also country. In relation to the current manufacturing capacity it generates an annual export of more than 150 million euros.

The partners with which the Aluminij does business are renowned global companies, from which the most important are: Venture Coke Company L.L.C. (Venco-Conoco joint Venture) from the USA, Glencore International AG from Switzerland, Debis International trading GmbH, Daimler-Chrysler, and VAW Aluminium Technologie GmbH from Germany, Hydro ASA from Norway, Fiat from Italy, and TLM-Šibenik from Croatia.

Mostar area alone receives an income of 40 million euros annually from Aluminij. That kind of development trend enabled investments in cultural institutions, among which are: the construction of the little scene of the Croatian National Theatre in Mostar and Aluminij Gallery. (one of the most important for the city of Mostar and wider region).