Umcor
| Umcor AG | |
|---|---|
| legal form | Corporation |
| founding | 2003 |
| Seat | Zurich , Switzerland |
| management |
|
| Branch | Commodity trading |
| Website | http://www.umcor.ch/ |
The Umcor AG , based in Zurich is an internationally active Swiss commodity trading company . Umcor specializes in the global trade, import and export as well as the distribution of ferrous and non-ferrous metals , especially copper . In April 2012 Umcor indirectly took over the majority of the copper-producing companies Montanwerke Brixlegg and Gindre Duchavany , both of which were previously owned by the Austrian conglomerate A-Tec Industries , through its Austrian sister company Umcor Holding GmbH . In September 2013 it was announced that the Russian copper producer UGMK had taken over 10% of the shares in Montanwerke Brixlegg. This report was only denied in 2014. Shares were never sold, although UGMK had been named as a co-owner on the Montanwerke website for a long time.
The company is considered extremely secretive and does not publish any business figures. The sales generated in 2006 are estimated by the Handelszeitung at 1.5 billion Swiss francs.
Individual evidence
- ^ Umcor, History. Retrieved May 30, 2017 (English).
- ^ Umcor: History accessed on April 20, 2019
- ↑ tt.com: Montanwerke provide guesswork, accessed on April 20, 2019
- ↑ Handelszeitung, company profile of Umcor AG