TNBiz (TNBiz)
Markets  |  April 17, 2012 16:35:11

Engineering Vitkovice billion for expanded factory in Poland


OSTRAVA (MEDIAFAX) - A modern production line for ultra-light steel cylinders on Tuesday in Sosnowiec Poland launched the group Vitkovice Machinery Group. The billion-dollar investment company spokeswoman Eva Kijonková.

Line worth around one billion expanded capacity of the Polish subsidiary Vitkovice MILMET. "The new manufacturing facility in MILMET further strengthen the position of the group especially in the automotive industry. Poles will also create 120 new jobs. Approximately 240 million provided for why this high-tech equipment, the European Union," said Kijonková.

"Investment in Poland is essential for us for several reasons. In addition to billions in value, which ranks it among our top investment projects for the last two years, strengthens the position of our subsidiaries and Vitkovice Cylinders Vitkovice MILMET as leaders in the manufacture of steel cylinders inEurope, both product quality and capacity of 300 thousand bottles a year. At the same time the first of a series of new investments that we as a group of long-term go abroad, "said CEO and Chairman of the Board holding vítkovického John Svetlik.

The new line can produce steel according to spokeswoman significantly lower weight bottles while maintaining a full-sized water volume. "These bottles are so-called ultra-light and the world trend is to require automakers to allow long term production of CNG cars and manufacturers of industrial gases worldwide. This is an effort to maximize the volume of gas while minimizing the weight of the container is stainless steel bottles," she said.

"We will achieve with the new technology, the ratio between the weight of the cylinder and its volume 0.9. The line at the same time increases production efficiency. So we have a world-class technology, "said CEO of sister company Vítkovice Cylinders and Vítkovice MILMET Jerzy Kościelniak.

The MILMET founded in 1882, originally as a small rolling mill in Sosnowiec Poland. Roughly 50 years later radically expanded range and also began to produce gas cylinders. The company gradually produced 5, 5 million pieces of bottles for technical gases, and 11.1 million LPG and coolant. From 1992 to 2006 went through a change in structure as well as owners. Since 2007, 100 percent controlled by a group of Vítkovice Machinery Group, which is affiliated and the name. Approximately 75 percent of production in today's society Vitkovice MILMET is intended for export.The launch of the new line employs about 400 people now employ 520th

Ilona Honusová, honusova@mediafax.cz

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Strojírenské Vítkovice rozšířily za miliardu továrnu v Polsku

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