revomet GmbH, founded in 2023 as a subsidiary of the international CRONIMET Group, and CNGR Advanced Material Co. Ltd. have officially finalized their joint venture following the Heads of Agreement signed in December 2023. Once all conditions from the joint venture agreement have been met, CNGR will acquire a 25 percent stake in revomet Bitterfeld […]
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The CRONIMET Group has published its Sustainability Report 2024 (download here), underscoring its commitment to sustainable corporate governance. The report is directed at all stakeholders – from customers and suppliers to employees and investors – and provides transparency regarding the company’s ecological and social impacts. It has been developed in reference to the European Sustainability […]
continue readingDas Geschäftsjahr 2024 hat die CRONIMET Holding Gruppe mit Sitz in Karlsruhe mit einem Umsatz von über 2,6 Milliarden Euro abgeschlossen. Gegenüber dem Jahr 2023 ist der Umsatz um ca. 380 Millionen Euro gesunken. Dies ist neben einer geringfügig geringeren Absatzmenge vor allem mit gesunkenen Materialpreisen zu begründen. Die vor allem in Europa schwache Wirtschaftslage […]
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One of the largest subsidiaries of the Germany-based global market leader in stainless steel recycling, CRONIMET, CRONIMET Brasil, is celebrating its 25th anniversary. Founded in 1999 in Sao Paulo and at that time focused on the classic business model of the CRONIMET Group, stainless steel recycling, the area of processing has been established, particularly with […]
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The globally operating CRONIMET Group has published its group-wide Sustainability Report 2023. The report for 2023 once again refers to the internationally recognized standards of the Global Reporting Initiative (GRI). For the first time, the report already integrates key concepts of the new European Sustainability Reporting Standards (ESRS), such as double materiality. The preparation for […]
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The CRONIMET Group is expanding its family of companies to include MetallPlast Recykling spol. s.r.o. A corresponding contract for the purchase of 100% of the shares was signed at the beginning of August 2024 and the closing conditions were met on September 6, 2024. The North Bohemian family business, which has been operating successfully on […]
continue readingThe CRONIMET Group has sold its shares in the Australian joint venture with EQ Resources Limited (EQR), which specialises in the extraction of tungsten concentrate, to its business partner. In connection with the transaction, part of the agreement is that CRONIMET will acquire a larger block of shares in the company, which is listed on […]
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Für das Geschäftsjahr 2023 hat die CRONIMET Gruppe mit Sitz in Karlsruhe einen Umsatz von mehr als drei Milliarden Euro verzeichnet. Im Vergleich zum Rekordjahr 2022 bedeutet dies einen im Wesentlichen rohstoffpreisbedingten Rückgang um ca. eine Milliarde Euro. Trotz der weiterhin großen geopolitischen Herausforderungen und der schwächelnden Wirtschaftslage vor allem im europäischen Marktumfeld ist das […]
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CRONIMET, the global market leader in stainless steel recycling, and Finnish stainless steel producer Outokumpu have expanded their partnership as announced in November 2023. The acquisition of a 10 percent minority stake in CRONIMET North-East GmbH by Outokumpu has been completed after the customary closing conditions were met and all regulatory approvals were granted. As […]
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Die CRONIMET Gruppe hat sich in den letzten Jahren nicht nur im klassischen Recyclinggeschäft hervorragend entwickelt und ihre jeweilige Marktstellung gefestigt bzw. ausgeweitet, sondern auch weitere Produktbereiche und Regionen stärker in den Fokus der eigenen Aktivitäten gestellt. Daher haben die Gesellschafter und die Geschäftsführung entschieden, das Team der Geschäftsführung der CRONIMET Holding GmbH zum 1. […]
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