CRONIMET Group

Karlsruhe, Germany Founded: 1980 • Age: 46 yrs
Metal scrap recycling services are provided by CRONIMET Group.

About CRONIMET Group

CRONIMET Group is an Environment company based in Karlsruhe (Germany) founded in 1980 by Gunter Pilarsky. Metal scrap recycling services are provided by CRONIMET Group. Its chief executive, as recorded, is Jurgen Pilarsky. Its Indian entity Cronimet India Metals Private Limited reported revenue of β‚Ή4.08 Cr. CRONIMET Group offers products and services including Recycling Services. Its focus areas include Waste & Water Management, Waste Management, Treatment and Recycling.

Company details

CRONIMET Group was founded in 1980 in Karlsruhe, Germany, and operates within the metal recycling sector. Metal scrap is collected, processed, and recycled through various services offered across Europe. Leadership is provided by founder Gunter Pilarsky as Managing Director and Jurgen Pilarsky as CEO. Operations focus on sustainable resource recovery from industrial and commercial sources, with headquarters based in Germany.

Key Metrics
  • Indian entity revenue
    ₹4.08 Cr

    FY 2023 · +1212% YoY

  • Indian entity net profit
    ₹3.82 Cr

    FY 2023 · 93% margin

  • Indian entity EBITDA
    -₹25.8 Lakh

    FY 2023 · -6% margin

  • Latest Funding Round
    $406K (USD), Grant

    Jun 2019

  • Investors

Products & Services of CRONIMET Group

CRONIMET Group offers a comprehensive portfolio of products and services, including Recycling Services.

Recycling Services
Metal Processing

Offers metal recycling and raw material supply for industrial applications

Funding Insights of CRONIMET Group

  • Total Rounds 1
  • Last Round Grant β€” $406,000
  • First Round $406,000

    (Jun 2019)

  • Investors Count 1

All 1 funding rounds of CRONIMET Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2019$406,000Grant––
Valuation history

1 investors in total: 1 institutional.

Investors in CRONIMET Group

CRONIMET Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
1958europa.euBrussels, Belgium
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Investor details for CRONIMET Group

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Board of directors of Cronimet India Metals Private Limited (CRONIMET Group)

Cronimet India Metals Private Limited is the primary company behind CRONIMET Group. The board of Cronimet India Metals Private Limited currently have 2 directors; the longest-serving is Nandini Sudhir Apte, appointed in 2019. 6 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Nandini Sudhir Apte
DIN 02076125
Director04 Jun 20197 yrs 4 moCronimet India Metals Private Limited
Yeshwant Datay
DIN 09083576
Director02 Mar 20215 yrs 8 moCronimet India Metals Private Limited

People of CRONIMET Group

4 people are tracked at CRONIMET Group (3 in leadership, 1 in team).

NameRoleGroup
Gunter Pilarsky
Founder & Managing DirectorLeadership
Jurgen Pilarsky
CEOLeadership
Marijo Zeljko
CEO EuropeLeadership
Franck Joerger
Responsable Contrôle De Gestion GroupeTeam
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Complete people profiles for CRONIMET Group

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Financials of CRONIMET Group

Figures of Cronimet India Metals Private Limited, the primary company behind CRONIMET Group, for FY 2023. Revenue was ₹4.08 Cr (+1212% year on year). Net profit was ₹3.82 Cr (93% margin). EBITDA was -₹25.8 Lakh (-6% margin). Revenue has grown at a compounded annual rate of +31% over three years and -25% over five years.

  • ₹4.08 CrRevenue · FY 2023 · +1212% YoY
  • ₹3.82 CrNet profit · 93% margin
  • -₹25.8 LakhEBITDA · -6% margin
  • ₹5 LakhPaid-up capital
  • +31%Revenue CAGR, 3 years
  • -25%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Cronimet India Metals Private Limited are on its company page.

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Detailed financial statements for CRONIMET Group

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Timeline of CRONIMET Group

2 dated milestones of CRONIMET Group across 39 years, from founding to its latest funding, stage changes and deals.

  1. Founded CRONIMET Group is founded.
  2. Funding First funding round of $406K.
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Related news about Cronimet Group

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Frequently Asked Questions about CRONIMET Group

CRONIMET Group was founded in 1980 and raised its 1st funding round 39 years after it was founded.

CRONIMET Group is headquartered in Karlsruhe, Germany. It is registered at Karlsruhe, Baden-wurttemberg, Germany.

Jurgen Pilarsky is the CEO of CRONIMET Group, as recorded in our data.

The primary company behind CRONIMET Group, Cronimet India Metals Private Limited, reported revenue of β‚Ή4.08 Cr for FY 2023, up 1212% year on year.

CRONIMET Group was founded in 1980 in Karlsruhe, Germany, and operates within the metal recycling sector. Metal scrap is collected, processed, and recycled through various services offered across Europe. Leadership is provided by founder Gunter Pilarsky as Managing Director and Jurgen Pilarsky as CEO. Operations focus on sustainable resource recovery from industrial and commercial sources, with headquarters based in Germany.

CRONIMET Group offers Recycling Services.

CRONIMET Group has 1 investor. Key investors include European Union.

CRONIMET Group operates through Cronimet India Metals Private Limited.

The legal entities of CRONIMET Group currently have 2 directors, including Yeshwant Datay, Nandini Sudhir Apte.

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