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Latest News

Company
October 2026

Sofia Med will develop an innovative industrial copper recycling plant in Sofia

The €19.49 million SVAROG project has been invited to grant preparation under the EU Innovation Fund, with a maximum grant amount of €6.20 million following evaluation. The leading Bulgarian metallurgical manufacturer Sofia Med will develop and operate the SVAROG project, an innovative industrial copper recycling plant. The Next-Generation Copper Recycling Hub successfully passed the evaluation phase under the EU Innovation Fund’s 2025 Net-Zero Technologies Call and has been invited to grant preparation.  Тhe planned investment totals approximately €19.49 million, with…

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Company / Sustainability
June 2026

Sofia Med presented the results of a project for a more sustainable and safer working environment

Sofia, May 26, 2026 – Sofia Med held a closing event for the project “ADAPTED WORKING ENVIRONMENT AT SOFIA MED AD”, implemented under Contract No. BG05SFPR002-1.004-1199-C01 within the framework of the Human Resources Development Programme 2021–2027, co-financed by the European Union through the European Social Fund Plus. The event took place at the company’s production facility in Sofia and included an Open Doors Day, presentation of the project results, a plant tour, and demonstrations of the implemented solutions aimed at…

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Industry Insights
December 2025

Unravelling the Effects of Metal Price Swings

Written by Spyros Kokkolis, Deputy CFO & Strategic Procurement of Non-Ferrous Metals and Energy at VIOHALCO In the first two parts, we have covered the actual effects of metal price fluctuations on the profitability of metal fabricators (like ElvalHalcor) and the impact of the valuation method on reported profitability from metal price fluctuations. We have explained in detail that real profitability is not affected, but accounting results may vary significantly. Cash flows are largely unaffected, as any variations between buying…

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Industry Insights
July 2025

Operational Excellence: Introducing the new way of working in the Copper Segment

Written by Panos Gkantiragas / Operational Excellence Director of the Copper Segment at ElvalHalcor S.A. Since 2022, the Copper segment has been on a journey to implement Operational Excellence – not as a one-time project, but as a lasting way of working. Our vision is clear: to build a high-performing organization by developing strong capabilities throughout every part of the business. At the heart of this transformational journey is our Integrated Operational Excellence System. This system is designed to help…

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