Annual report of Impol Group for year 2009
Annual report of Impol Group for year 2008
Annual report of Impol Group for year 2007 (pdf. 4,5 MB)
Annual report of Impol Group for year 2006 (pdf. 2,5 MB)
Annual report of Impol for year 2005
Annual report of Impol for year 2004
Turning points in 2009
The predictions that 2008 would be just the first year of the economic crisis proved to be correct, especially with respect to the operations in the first eight months of the year. The crisis was most directly reflected in the fluctuations of aluminium prices at the London Metal Exchange (LME).
The Impol Group remains one of the ten largest Slovenian exporters and one of the twenty largest Slovenian companies.
As a result of the changed market conditions, the level of production was decreased by 10%, being lower than expected by 13%.
Due to the general economic crisis – the reasons for which and the main consequences are to be found in the existing financial system – difficulties occur in the areas of insuring the purchase prices for the raw materials and of the trade receivables. The rigid requirements, according to which all the purchases have to be insured, caused a number of unexpected negative effects and risks on the purchasers' side. In addition, the increased exposure of the purchasers was reflected in the insurers' reluctance to insure our trade receivables due from such purchasers.
Production and sales focused on rolled aluminium products, while the area of extruded products underwent operational disturbances.
The sales of aluminium products account for 98 percent of all of Impol's sales.
Shares of the sales by type
- Sheets, strips – 49.3%
- Foils, thin strips – 20.1%
- Profiles – 15.0%
- Bars, rods, tubes – 14.6%
- Cast products – 0.8%
- Forgings – 0.2%
Sales of aluminium products by geographical area
- EU – 80.18 %
- Slovenia – 7.97%
- The rest of Europe – 5.38 %
- Ex YU – 4.05%
- Other – 2.42%
