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Aurubis AG (AIAGF.PK)

AIAGF.PK on OTC Markets Group - US Other OTC and Grey Market

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Latest Key Developments (Source: Significant Developments)

Aurubis says CFO to leave for health reasons
Friday, 9 Jun 2017 07:07am EDT 

June 9 (Reuters) - Aurubis AG :Supervisory board has terminated cfo erwin faust’s contract as of june 30, 2017 for health reasons.  Full Article

Aurubis and enercity sign contract for use of industrial waste heat
Friday, 17 Feb 2017 07:28am EST 

Aurubis AG : Aurubis and enercity contracting Nord GmbH sign contract for use of industrial waste heat to supply Hafencity East . Aurubis is investing around 17 million euros ($18.11 million)in conversion of the plants as well as laying of heat pipeline to the plant boarder . Investment costs for the energy center and the heat transport pipeline of enercity contracting nord amount to around 16 million euros .Investments of companies to be supported with public funds.  Full Article

Aurubis H1 2015/2016 sales down at 4.73 billion euros
Tuesday, 10 May 2016 01:14am EDT 

Aurubis AG : Sales of the Aurubis Group in the first six months of fiscal year 2015/16 reached 4,725 million euros ($5.37 billion) (previous year: 5,519 million euros) . H1 2015/2016 EBT 113 million euros (previous year: 181 million euros) . Confirms outlook for full year Further company coverage: [NAFG.DE] ($1 = 0.8793 euros) (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;)).  Full Article

Aurubis confirms forecast for FY 2015/16
Monday, 25 Apr 2016 10:26am EDT 

Aurubis AG:Confirms forecast for the entire fiscal year 2015/16.  Full Article

Aurubis confirms FY 2015/2016 earnings outlook
Tuesday, 9 Feb 2016 07:00pm EST 

Aurubis AG:Views earnings forecast from December as realistic: while Aurubis’ earnings will be significantly lower than the record earnings of the previous year, they will still be satisfactory in FY 2015/16.  Full Article

Aurubis AG issues FY 2015/2016 outlook in line with analysts' estimates
Friday, 11 Dec 2015 01:00am EST 

Aurubis AG:Expects 2015/2016 operating pretax profit to be significantly lower.FY 2015/2016 EBT 293.06 million euros - Thomson Reuters I/B/E/S.  Full Article

Aurubis AG - Bulgaria accuses Aurubis of abusing market position - Reuters
Sunday, 8 Nov 2015 10:00pm EST 

Aurubis AG:Bulgaria's competition watchdog accused on Monday Europe's biggest copper smelter Aurubis of abusing its dominant market position by selling sulphuric acid used in the fertiliser industry at an "unreasonably high price" in Bulgaria - RTRS.The Commission of Protection of Competition said it has carried out a survey on the trade practices of Aurubis and its Bulgarian unit following a complaint by Bulgaria's leading fertilizer maker Agropolychim - RTRS."Aurubis is taking advantage of its dominant position on the Bulgarian market and sells sulphuric acid at an unreasonably high price, putting the buyers in the country in an unfavourable position compared with the foreign clients of the company," the watchdog said in a statement - RTRS.  Full Article

Aurubis AG appoints Juergen Schachler as CEO
Friday, 2 Oct 2015 04:05am EDT 

Aurubis AG:Juergen Schachler appointed new executive board chairman of Aurubis AG.Schachler will succeed Bernd Drouven, who will be returning to supervisory board on November 1, 2015.Schachler is scheduled to take on his new CEO role on April 1, 2016.Schachler will be switching to Aurubis AG from his current position as CEO of Arcelormittal Europe, flat products, business division south west.Until then, Aurubis will be led by executive board members Stefan Boel and Erwin Faust.  Full Article

Copper recycler Aurubis searches globe in quest to diversify

SANTIAGO Aurubis AG, the world's biggest copper recycler, is likely to start its search for acquisitions in Europe and the United States as it looks to expand into other metals, but will not get into mining, its chief executive told Reuters.