Merger with absorption of the company CORUS – KALPINIS – SIMOS S.A. Building Cladding Systems

New facilities (mechanical equipment) for hollow section production at the B’ premises in Aspropyrgos.

Investment plan, summing up to 3.4 million Euros, for updating mechanical and building equipment.

Registry of the company ELASTRON AGROTIKI S.A., specializing in the production of greenhouse vegetables, using the method of hydroponics.

Acquisition of power units, consisting of solarpanels with a capacity of 3.5 MW.

Expansion of the premises in Aspropyrgos (B’ premises) in a 22 acre property.

Renaming of the company to ELASTRON STEEL SERVICE CENTERS S.A., marking a new growth and expansion era of the Group's international activities.

Operation of the subsidiary company TATA ELASTRON SA STEEL SERVICE CENTER with the scope of activities being the process, distribution and resale of steel products in the broader region of the south-east Europe (50-50% joint-venture with TATA STEEL).

Investment plan, of 13.4 millions, for updating mechanical and building equipment.

Transfer of the Company's headquarters from Piraeus to privately owned land in the industrial area of Aspropyrgos, Attica.

Increase of the company share capital by 10,4 million euros.

Establishment of the subsidiary company CORUS - KALPINIS - SIMOS COATING MATERIALS S.A. (50-50% joint-venture with TATA STEEL). The primary scope of the company is the processing and reselling advanced structural steel material (panels).

Listing in the Athens Exchange.

Establishment of the first Steel Service Center in the Greek market, in Skaramangas, Attika and expansion of its activities in the manufacturing and processing sector of steel products.

Conversion of the Company in SA

Establishment of the company A. KALPINIS - N. SIMOS by Andreas Kalpinis and Nikolaos Simos, parents of the current key shareholders.