The European Bank for Reconstruction and Development (EBRD) is supporting aluminium production in Egypt by providing a loan of up to €13.7 million to Alumil Misr for Trade & Industry SAE, the Egyptian subsidiary of ALUMIL SA.
The EBRD’s financing will fund the construction and installation of a new aluminium extrusion line at the subsidiary’s plant in the Polaris Industrial Zone, Cairo.
The new extrusion line will materially increase production capacity at ALUMIL’s Egyptian facility, supporting its vertical integration strategy and strengthening its ability to supply advanced aluminium systems to construction and industrial sectors across the region. This expansion is expected to enhance operational efficiency, reduce supply-chain lead times and enable higher-value production aligned with European quality standards.
ALUMIL is a vertically integrated manufacturer of architectural aluminium systems that is listed on the Athens Stock Exchange. It operates 10 production sites, serving over 60 countries worldwide. ALUMIL’s presence in Egypt forms a core element of its broader strategy of establishing regional manufacturing hubs capable of delivering advanced aluminium solutions to high-growth markets. The Egyptian facility, which is located in close proximity to the Suez Canal, is positioned as a strategic production and export platform serving Africa, the Middle East and surrounding regions.
Mark Davis, the EBRD’s Managing Director for the Southern and Eastern Mediterranean, said: “We are very pleased to be partnering with ALUMIL to expand production in Egypt. Through this investment, we are strengthening local manufacturing, advancing private-sector development and enhancing industrial competitiveness across the region.”
George Mylonas, the Chairman and CEO of ALUMIL, said: “This investment represents a key strategic step in strengthening our long-term presence in Egypt. By expanding our manufacturing capabilities, we are creating a regional hub that enables greater operational flexibility aligned with European quality standards. The partnership with the EBRD is instrumental in advancing this vision and the development of a robust industrial footprint in the region.”
Egypt is a founding member of the EBRD, which has invested more than €14.2 billion in the country through 221 projects since it began operating there in 2012.