Alcoa Inc. recently announced that its Alcoa-Kofem facility in Szekesfehervar, Hungary, was the recipient of the first-ever Good Corporate Citizenship and Social Responsibility Award from "Figyelo," a leading Hungarian business and economic journal. In presenting the award, the publication cited Alcoa and the Alcoa Foundation for its social responsibility behavior. Alcoa has played a key role in developing strong community relations since it first entered Hungary in 1993, when it acquired the state-owned Light Metal Work of Szekesfehervar (now known as Alcoa-Kofem Kft.). Since then, the Alcoa Foundation has approved an aggregate amount of $2.7 million for the Hungarian non-profit sector, supporting some 200 projects selected jointly by Alcoa's management team and local communities in Hungary.
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