Afarak Group SE 2017 AR2
The report highlights Afarak Group's record financial and operational performance in 2017, driven by strong market conditions and internal restructuring. The company achieved a record EBITDA of EUR 18.0 million and successfully resumed opencast mining at Mecklenburg, almost doubling its total mining output to 503,914 tonnes. In sustainability, Afarak prioritized health and safety, achieving zero workplace fatalities across all operations and implementing the Letsema safety program at Mogale. Additionally, the company invested in local communities through infrastructure projects, including water tanks and road construction, and advanced environmental initiatives such as installing a 2.8 MW heat recovery unit to reduce carbon emissions.
Company: Afarak Group SE
Sector: Manufacturing
Country: Finland
Year: 2017
Type: AR2
Pages: 182
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Afarak Group SE
Annual Report
The report highlights Afarak Group's record financial and operational performance in 2017, driven by strong market conditions and internal restructuring. The company achieved a record EBITDA of EUR 18.0 million and successfully resumed opencast mining at Mecklenburg, almost doubling its total mining output to 503,914 tonnes. In sustainability, Afarak prioritized health and safety, achieving zero workplace fatalities across all operations and implementing the Letsema safety program at Mogale. Additionally, the company invested in local communities through infrastructure projects, including water tanks and road construction, and advanced environmental initiatives such as installing a 2.8 MW heat recovery unit to reduce carbon emissions.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees