Talum

SID Bank recognized the importance of our strategic shift toward green products and supported us with financing for modernization, development, and our focus on high value-added recycled aluminum.

Kidričevo has a long-standing tradition in the aluminum industry, which has strongly shaped the economic and social dynamics of the region. In this environment operates Talum d. d., a high-tech producer of aluminum products, whose expertise stems from nearly seventy years of primary aluminum production and development of aluminum alloys. Over the past decade, Talum has actively accelerated the transformation of its production toward carbon-neutral products and the recycling of various types of aluminum scrap, from which it creates new, technologically advanced products using its own remelting processes. The main product groups include rods, discs, castings, and evaporators, where the exceptional properties of aluminum are transformed into key materials for the green transition of modern society.

SID Bank provided TALUM d. d. with a long-term loan of EUR 15 million under the Investment Financing Program for Research, Development, and Innovation (RDI3).
The investment supports the project “Green Transformation of Rods and Discs,” through which Talum is rapidly reshaping its production programs toward carbon neutrality. The company is transitioning from standard aluminum rods to non-standard ones made from recycled aluminum, so-called green rods. As the largest producer of discs in the European Union, Talum aims to increase added value, strengthen sales of existing products, and develop new products based on circular economy principles through greater use of recycled aluminum in these products. The investment includes production modernization, acquisition of new equipment, and adaptation of the entire infrastructure, while also contributing to job preservation and the company’s long-term competitiveness.

SID Bank also collaborated with the company as an export credit agency, helping commercial banks assume part of the risks in granting Talum’s credit line. This enabled Talum to expand production more easily, further develop its disc program, and secure funds for ongoing operations and future growth.

In the rods segment, Talum continues its structural shift toward recycled raw materials, while in discs, it strengthens its global position by developing new aluminum alloys and increasing the share of recycled aluminum in its products. Through these efforts, the company contributes to reducing environmental impact, improving production efficiency, and advancing the transition to a circular economy, where aluminum, as a sustainable material, represents a key building block of future industrial solutions.

Marko Drobnič, CEO of Talum, emphasizes:
“We are pleased that the bank’s management recognized the opportunities this project brings, not only for increasing the added value and competitiveness of Talum, but also for the broader social environment through the preservation and creation of new jobs.”