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Annual Report 2012 EUROPE BELGIUM BULGARIA ... - Duferco

Annual Report 2012 EUROPE BELGIUM BULGARIA ... - Duferco

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Diversification in Belgium<br />

From year to year, the diversification concept confirms its relevance and necessity in<br />

Europe; in particular, in Wallonia where both decision-makers and citizens meet in<br />

their will to implement economic reconversion.<br />

The reorganisation process that followed the demerger between <strong>Duferco</strong> and NLMK<br />

has led the group to incorporate a new company called <strong>Duferco</strong> Wallonie which has<br />

become the vehicle for the Diversification Branch in Wallonia.<br />

The company is organised with a Business Development Department and four Profit<br />

Centres. While the Business Development is in charge of developing new ideas, the<br />

Profit Centres are in charge of managing the company’s activities. The tipping point<br />

is the investment decision which converts the project into a new business.<br />

The four domains on which the Diversification team is focusing are Real Estate,<br />

Energy, Environment and Logistics.<br />

46 | <strong>Duferco</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2012</strong>

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