The Company
Management History	The company was founded in 1874 as Wargöns AB. Its first alloy furnace was installed in 1912. In the early 70s the company commissioned the world's largest smelting furnace for ferroalloys. Having focused upon the production of Manganese and Silicon ferroalloys up until 1977, Vargön Alloys has since grown to become a major producer of specialized grades of high carbon ferro chrome. In 2008 the company was accuired by the Turkish Yildirim Group of Companies. The company's customers are primarily Europe's leading producers of special steels.   Management Chairman: Robert Y. Yildirim Managing Director: Anders lehman Financial Manager: Marie Holm Quality/Environment Manager: Annelie Papadopoulos Human Resources Manager: Mats Abelsson Production Manager: Mustafa Yildirim Maintenance Manager: Andreas Johansson Purchase Manager: Henrik Fredriksson   History 1874 The company was founded 1912 First ferro alloy furnace installed 1952 Furnace 10 commissioned (closed 1976) 1957 Furnace 9 commissioned The first energy recovery system in operation 1966 Furnace 8 commissioned 1968 Air Reduction Co.(Airco-USA) bought the shares in Wargöns AB 1969 New company name-Airco Alloys AB Paper-pulp plant sold to Holmens Bruk AB FeCr-plant in Trollhättan sold to AB Ferrolegeringar 1972 The worlds largest smelting furnace for ferro alloys inaugurated (Fce 12) 1978 Airco-group sold to British Oxygen Corp. (BOC) 1979 Shares sold to Fides AG Switzerland Change of name to Vargön Alloys AB 1983 Supply of hot water to Vänersborg community 1987 MBO of shares from Fides AG together with Wage Eearner Fund 1993 Wage Earner Fund sold it's shares to the four managers 1995 Furnace 10 re-built for production of ferrochrome 2008 Yildirim Group of Companies (ETI Invest AB) acquired 100% of the shares Furnace 8 re-built for production of ferrochrome