Our organisation

Management structure

Befesa Corporate coordinates and supports both Befesa’s business units: Steel Dust Recycling Services, Aluminium Salt Slags Recycling Services. This way, Befesa promotes a common management philosophy.

Javier Molina
Chief Executive Officer

Wolf Lehmann
Chief Financial Officer

Asier Zarraonandia
Vice President Steel Dust Recycling Services

Federico Barredo
Vice President Aluminium, Salt Slags & SPL Recycling Services

Birke Fuchs
Legal

Juan Albizu
Treasury, Controlling & Taxes

Rafael Pérez
Strategy, Investor Relations & Communication

Nadia Mammeri
Environmental, Health & Safety

Lucía Gómez Del Río
Human Resources & CSR

Juan Ignacio Varela
Information Technologies

Francisco Bolaños
Compliance

Nicolás Ríos
Internal Audit

Our business model

Befesa’s business model is based on a full-service approach to offering waste management solutions to its customers in the steel and aluminium industries.

Befesa’s focus is on securing volumes in its plants, and maintaining resilient and solid margin levels while focusing on strong cash-flow generation by managing capital expenditures, working capital and operating earnings to continue to fund its growth initiatives and to distribute dividends to its shareholders.

Befesa’s R&D strategy is designed to create value by developing sustainable improvements in the existing technologies; optimising operations and product quality; and developing new processes to achieve greater recycling efficiency, reduced costs and improved environmental conditions, such as environmental regulations and higher residue generation.

In striving to become the leading global recycling service provider, Befesa relies on a large team of highly qualified employees worldwide.

Shareholder value

Financial rigor allows Befesa to grow earnings while maintaining a low leverage ratio, resulting in an attractive dividend for shareholders.

Customer satisfaction

Sustainable technology improvements optimise operations and product quality, contributing to sustainable development & enhanced customer service.

Benefits to the environment

Befesa is continuously looking for new processes and services to help its customers make their businesses more sustainable. Befesa prevents the landfilling of around 1.5 million tonnes of residues each year and reduces the extraction of natural resources from the earth.

Employee satisfaction

Although facing a competitive labour market, Befesa manages a stable and low turnover rate of staff.