Afarak Group SE (AFRK.L)

20.00 +20.00 (0.00%) As of 04:56PM BST. Market open.

Afarak Group SE

Kaisaniemenkatu 4
Helsinki 00100
Finland
358 50 372 1130
https://afarak.com

Sector(s): Basic Materials
Industry: Other Industrial Metals & Mining
Full-time employees: 596

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Guy Konsbruck B.A., M.B.A.	CEO & Executive Director	472.43k	N/A	1965
Ms. Kylie Gauci	Group CFO & Group Finance Controller	N/A	N/A	N/A
Erkka Talvinko	Accountant	N/A	N/A	N/A
Dr. Christoph Kemper	CTO & MD of EWW	N/A	N/A	1985
Mr. Jean Paul Fabri	Investor Relations & Communications Manager and PR Manager	N/A	N/A	1983
Dr. Stefano Bonati	Corporate Secretary & Chief Compliance Officer	N/A	N/A	N/A
Mr. Michael Lillja	Head of Marketing & Sales	N/A	N/A	1962
Ms. Seyda Caglayan M.Sc.	Managing Director of TMS	N/A	N/A	1958
Dr. Kurt Maske Ph.D.	Managing Director of SA Mining	N/A	N/A	1955
Mr. Milan Djakov	Deputy Chief Operating Officer of Afarak South Africa	N/A	N/A	1982

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in GBp.

Description

Afarak Group SE extracts, process, markets, and trades specialised metals in Finland, other EU countries, the United States, China, Africa, and internationally. It operates in two segments, FerroAlloys and Speciality Alloys. The Ferro Alloys segment produces chrome from Vlakpoort, Stellite, Mecklenburg, and Zeerust mines. The specialty alloys segment offers low ferrochrome, extra low carbon ferrochrome, and high chrome ferrochrome. It also provides chrome ore, stainless steel alloy, plasma ferrochrome, and silico manganese. The company sells its products to aviation, nuclear, oil and gas, and automotive industries. Afarak Group SE was incorporated in 1985 and is based in Helsinki, Finland. Afarak Group SE is a subsidiary of Skandinaviska Enskilda Banken AB (publ).

Corporate governance

Afarak Group SE’s ISS governance QualityScore as of 1 April 2024 is 10. The pillar scores are Audit: 10; Board: 6; Shareholder rights: 6; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.