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Helios



Published August 17, 2010
Related Searches: Automotive Coatings Coatings Paint Automotive

30 Helios</span><br />
    Domzale, Slovenia<br />
    <a href="http://www.helios.si">www.helios.si</a><br />
    <br />
    PUBLIC COMPANY<br />
YEAR ESTABLISHED: 1924<br />
COATINGS REVENUES:<br />
$371 million<br />
SEGMENT BREAKDOWN<br />
Decorative coatings<br />
Synthetic resins<br />
Car refinishes<br />
Metal coatings<br /><br />

KEY PEOPLE<br />
Uros Slavinec, president;
Marko Vresk, vice president;
Branko Pas, vice president.<br /><br />
Helios Group is the leading manufacturer of
coatings in South Eastern Europe with
approximately 3,000 employees in more than
thirty companies in fourteen countries. Recently,
Helios acquired Ukrainian paint maker Avrora. As a
result, Helios gained a new production location to
add to its current sites in Slovenia, Croatia, Serbia
and Russia. According to Helios, Arora’s sales are
approximately $7 million. This acquisition raises
Helios’ total sales in Ukraine to approximately $15
million. Avrora specializes in the production of coatings
for the metal industry. As a result of the acquisition,
Helios has gained a distribution and logistics
center in Ukraine. Helios also said it will be a supplier
of automotive coatings to a large car factory
opening in the vicinity.</p>


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