The financing will fund the construction and installation of a new aluminium extrusion line at the company’s plant in the Polaris Industrial Zone in Cairo.
According to the EBRD, the new extrusion line will significantly increase production capacity at Alumil’s Egyptian facility, supporting the group’s vertical integration strategy and strengthening its ability to supply advanced aluminium systems to the construction and industrial sectors across the region.
The expansion is expected to improve operational efficiency, shorten supply-chain lead times, and enable higher-value production aligned with European quality standards.
Aumil, listed on the Athens Stock Exchange, is a vertically integrated manufacturer of architectural aluminium systems. The group operates 10 production sites and serves more than 60 countries worldwide.
Its presence in Egypt is a central component of its strategy to establish regional manufacturing hubs targeting high-growth markets. The Egyptian facility, located near the Suez Canal, serves as a strategic production and export platform for Africa, the Middle East, and neighbouring regions.
“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,” Mark Davis, the EBRD’s managing director for the Southern and Eastern Mediterranean (SEMED) region, said.
George Mylonas, chairman and CEO of Alumil, described the investment as “a key strategic step” in reinforcing the company’s 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,” Mylonas said.
Egypt is a founding member of the EBRD. Since beginning operations in the country in 2012, the bank has invested more than 14.2 billion euros across 221 projects.
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