SOVEL ΕΛΛΗΝΙΚΗ ΕΤΑΙΡΕΙΑ ΕΠΕΞΕΡΓΑΣΙΑΣ ΧΑΛΥΒΑ Α.Ε.
SOVEL ΕΛΛΗΝΙΚΗ ΕΤΑΙΡΕΙΑ ΕΠΕΞΕΡΓΑΣΙΑΣ ΧΑΛΥΒΑ Α.Ε. is a production of pig iron or steel installation in Greece. In 2025 it reported 51,108 tonnes of verified emissions against 34,418 free allowances.
Key figures
Country
Activity
Installation ID
GR 97
Verified emissions, 2025
51,108 tCO₂e
Free allocation, 2025
34,418 allowances
Allowance position, 2025
16,690 short
Compliance, 2024
A
Permit
5-5
Data as of
1 April 2026
Emissions and free allocation by year
| Year | Verified emissions (t) | Free allocation | Position |
|---|---|---|---|
| 2025 | 51,108 | 34,418 | 16,690 short |
| 2024 | 45,608 | 32,386 | 13,222 short |
| 2023 | 38,988 | 31,909 | 7,079 short |
| 2022 | 40,894 | 40,498 | 396 short |
| 2021 | 47,953 | 39,935 | 8,018 short |
| 2020 | 49,098 | 56,803 | 7,705 surplus |
| 2019 | 56,642 | 57,999 | 1,357 surplus |
| 2018 | 55,799 | 59,191 | 3,392 surplus |
| 2017 | 56,474 | 60,368 | 3,894 surplus |
| 2016 | 48,140 | 69,062 | 20,922 surplus |
| 2015 | 47,474 | 78,026 | 30,552 surplus |
| 2014 | 61,194 | 95,063 | 33,869 surplus |
| 2013 | 65,395 | 96,743 | 31,348 surplus |
Verified emissions changed by -21.8% from 2013 to 2025.
Source: European Commission, Union Registry · Data as of 1 April 2026
Allowance position
In 2025, verified emissions exceeded free allocation by 16,690 allowances, which the operator had to obtain.
Illustrative value at the latest reference price of €85.90 (28 September 2026): €1,433,671. Not the installation's actual cost, which depends on when and how it acquired allowances.
Price source: EU ETS primary auctions · latest price
Compliance status for 2024: A. The number of allowances surrendered by 30 September 2025 was greater than or equal to verified emissions.
CBAM context
This activity falls in the iron and steel sector of the Carbon Border Adjustment Mechanism. Free allocation for products covered by the Carbon Border Adjustment Mechanism is being reduced each year under current EU law.
| 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|
| 97.5% | 95% | 90% | 77.5% | 51.5% | 39% | 26.5% | 14% | 0% |
Share of free allocation remaining for CBAM-covered products, under Directive (EU) 2023/959, Article 10a. It applies to the benchmarks for those products, not necessarily to an installation's whole allocation, so it is not applied to the figures on this page.
Proposed change
A European Commission proposal of 17 July 2026 would restore 15% of the phased-out free allocation for CBAM sectors from 2028 and extend the end of the phase-out from 2034 to 2038. This is a proposal and not yet law.
More on CBAM: the India CBAM Center and what CBAM is and how it works.
Nearby installations
Production of pig iron or steel installations in Greece, largest first.
- ΧΑΛΥΒΟΥΡΓΙΑ ΕΛΛΑΔΟΣ Α.Ε. ΕΓΚΑΤΑΣΤΑΣΗ ΒΕΛΕΣΤΙΝΟΥ 27,789 t in 2025
- ΣΙΔΕΝΟΡ ΒΙΟΜΗΧΑΝΙΑ ΚΑΤΕΡΓΑΣΙΑΣ ΣΙΔΗΡΟΥ Α.Ε. 26,948 t in 2025
Questions about SOVEL ΕΛΛΗΝΙΚΗ ΕΤΑΙΡΕΙΑ ΕΠΕΞΕΡΓΑΣΙΑΣ ΧΑΛΥΒΑ Α.Ε.
How much did SOVEL ΕΛΛΗΝΙΚΗ ΕΤΑΙΡΕΙΑ ΕΠΕΞΕΡΓΑΣΙΑΣ ΧΑΛΥΒΑ Α.Ε. emit in 2025?
51,108 tonnes of verified emissions, per EU Union Registry compliance data.
How many free allowances did SOVEL ΕΛΛΗΝΙΚΗ ΕΤΑΙΡΕΙΑ ΕΠΕΞΕΡΓΑΣΙΑΣ ΧΑΛΥΒΑ Α.Ε. receive?
34,418 in 2025.
Did SOVEL ΕΛΛΗΝΙΚΗ ΕΤΑΙΡΕΙΑ ΕΠΕΞΕΡΓΑΣΙΑΣ ΧΑΛΥΒΑ Α.Ε. surrender enough allowances?
Its compliance status for 2024 is recorded as "A": The number of allowances surrendered by 30 September 2025 was greater than or equal to verified emissions.