TSR has founded a trading company in Denmark

Bottrop, (PresseBox) - The leading German steel and metals recycler TSR has founded a company in Denmark together with two partners. The "TSR Danmark ApS" is for the time being active as a trading company, the company's management in Bottrop (Germany) said. By this joint venture TSR plans to increase its trading volume from Denmark and Scandinavia again and thus to strengthen the position of the TSR Group.

TSR holds a majority share of 80% of the new Danish company. The remaining shares are helt each with 10% by Torben Smedegaard, who heads the society since its foundation as a managing director, and by Flemming Bo Nielsen, who will join the management as a director on March 1st.

Smedegaard and Nielsen have many years of experience in trading scrap. They have extensive customer relationships in the Danish and the international scrap market both in the ferrous as well as in the non-ferrous scrap sector.

TSR Recycling GmbH & Co. KG

Scrap recycling is environmental protection in practice: TSR is a leading company in the European market of steel scrap and non-ferrous metals recycling. Individually tailored disposal and recycling of metal waste are among the TSR Group's strengths. With 130 branches throughout Europe and barely 2,000 employees the TSR Group generates annual sales of over 2 billion Euro and trades in excess of seven million tons of scrap a year. TSR is thus an important supplier to the steel industry and intermediary between suppliers and customers. Steel scrap and metals are collected, sorted, treated and placed back into the recycling cycle. The TSR Group also provides disposal of other types of waste with its partners in the waste disposal industry.

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