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manufacture a sustainable product, our innovation and R&D&I strategy must go hand in hand with the environmental challenges. Acerinox efficiently manages its production processes, from the start to the end of the product life cycle, thereby acting as an example of competitiveness and sustainability.
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Acerinox, S.A. is a global stainless steel manufacturing conglomerate group based in Spain. The company was founded in 1970, and initially received technical support from the Japanese firm Nisshin Steel. Nisshin continues to hold approximately 15% of Acerinox as of April 2010. As for 2008, the company was the world's largest producer of stainless steel. It currently operates more than 350 offices in forty countries. The company is 1970, but the investment arm was incorporated around August 14, 2009
Acerinox, S.A. is the holding company of the Acerinox Group. It approves and monitors the strategic lines of the business. It also provides various corporate services (including legal, accounting and advisory services) and manages the financing activities of the Group. The Acerinox Group’s head office is located in Madrid (Spain), where the Parent, Acerinox S.A., is based and where the main decision-making and management bodies convene. The shares of Acerinox, S.A. are admitted to trading on the continuous market of the Spanish stock exchange, and the Company is part of Spain’s selective IBEX 35 index. At 31 December 2022, the share capital of Acerinox comprised 259,724,345 ordinary shares, each with a nominal value of Euros 0.25. The Annual General Meeting of Acerinox, held on 16 June 2022, approved the distribution of a dividend of Euros 0.50 per share, which gave rise to shareholder remuneration amounting to Euros 130 million. The dividend was paid on 5 July 2022.
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Innovation drives progress by fostering creativity and problem-solving across industries. Embracing innovation enables companies to stay competitive and meet evolving customer needs in a rapidly changing market landscape.
The financial stability of the metal and steel industries is subject to supply and demand dynamics, global economic conditions, and regulatory changes. Adaptability to market fluctuations and strategic investments in technology and sustainability are crucial for long-term resilience in these sectors.
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