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Altri, SGPS, S.A.
Type Public (Euronext: ALTR)
Founded 2005
Headquarters Porto, Portugal
Key people Paulo Fernandes (Chairman of the board and CEO)
Industry Paper and pulp, energy
Products Bleached wood pulp, cogeneration, biomass power plants
Revenue 280.2 million (2008)[1]
Operating income €39.7 million (2008)[1]
Profit €4.7 million (2008)[1]
Employees 730 (2008)[1]
Website www.altri.pt

Altri is a Portuguese industrial conglomerate headquartered in Porto. The group's main companies operate in wood pulp production, cultivation of forests for the timber and paper industry and co-generation of energy, including energy production from renewable resources. Prior to 2008 the group also operated in the steelworks industry.

Altri's holding company is Altri SGPS, SA., which is listed on the Euronext Lisbon stock exchange. Its major subsidiaries are Celulose do Caima (paper industry) and Celbi (paper industry). Altri's F. Ramada subsidiary, which produced steel and storage systems such as cold rolled steel sheets and strips, machinery, tools and other related products, was spun off on the stock exchange in 2008.[2] Altri was itself born from a spin-out of the industrial assets of the Cofina group in March 2005.[3]

[edit] References

  1. ^ a b c d "Annual Report 2008". Altri. http://en.altri.pt/Download.aspx?ResourceId=9263. Retrieved 2009-11-28. 
  2. ^ "Altri says new shares from steel unit spinoff to start trading early July". AFX News (Forbes). 9 June 2008. http://www.forbes.com/feeds/afx/2008/06/09/afx5093722.html. Retrieved 28 November 2009. 
  3. ^ "Lisbon shares sharply higher as BCP rockets 8 pct after it loses BCR deal". AFX News (Forbes). 21 December 2005. http://www.forbes.com/feeds/afx/2005/12/21/afx2406810.html. Retrieved 28 November 2009. 

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