- 2019 Solway Group consolidated revenues of USD 637 million, an increase of 19% vs. 2018 - Group EBITDA of USD 141 million; EBITDA margin of over 22% - Production costs increased slightly by 2.5% to USD 468 million - Group total assets reached USD 1.149 billion at...
While the COVID-19 pandemic hit many industries and left thousands of professionals uncertain about their futures, Solway Investment Group used the lockdown fruitfully to develop new and rearrange its existing programs for young residents in the areas of the company’s operations. In order to deliver on...
Solway Investment Group would like to make a clarification regarding the decision issued by Guatemala’s Constitutional Court to suspend the Fenix project’s operational license. The company fully cooperates with the relevant bodies overseeing mining operations in Guatemala. The company will continue its operations in full compliance with...
June 2, 2020, Zug. As the coronavirus continues to take its unrelenting toll around the world, Solway Investment Group has been making financial and logistical contributions towards efforts to tackle the pandemic in the regions of its operations. Across all of its operations, Solway continues...
As a part of its sustainability policy, Solway Investment Group is expanding its partnership with the prestigious opera festival's program for children and youth. December 22, 2019, Zug. In the year of the Salzburg Festival's 100th anniversary, Solway Investment Group will renew and expand its partnership with the Festival. It...
ZUG, Switzerland, Oct. 10, 2019 Following a week-long audit of its operations in Kurilgeo (Russia), Solway Investment Group once again confirmed its subsidiaries to be compliant with the requirements of its ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications standards. The audit in Russia closes a...
Solway Investment Group, on behalf of Compañía Guatemalteca de Níquel (CGN) and Compañía Guatemalteca de Níquel de Izabal S.A. (Pronico), would like to make a clarification regarding the ruling of Guatemala’s constitutional court, made on July 18, 2019, to temporarily suspend the operating license at...
In 2018, Solway had consolidated revenues of USD 536 million; Group EBITDA was USD 81 million with an EBITDA margin of 15%; Production costs increased to USD 457 million in 2018, up from USD 363 million in 2017 due to an 18% increase...
After thoroughly reading the investigation published by Forbidden Stories and linked to by The Guardian, Solway Investment Group would like to clarify the following: As a socially responsible international company, Solway values freedom of speech, supports investigative journalism and aims for transparency in its communications. We...
April 25, 2019 – Zug, Switzerland – Solway Investment Group GmbH (Solway) today announced that it has delivered a proposal to Euromax Resources Ltd. (TSX: EOX) (Euromax), which will address Euromax’s long-term financing and development requirements (the Solway Proposal) and provides feasible solution to the...
