TNBiz (TNBiz)
Business  |  October 17, 2012 17:10:05

Czech industrialists involved in the operation of German trains

PRAGUE (MEDIAFAX) - The work of the German railways designed for high-speed trains are significantly participates in domestic industry. Czech engineering company Pramet supplies abroad as tools for machining railway wheels, rails and switches, has reported on Wednesday.

"We're discovering the depth of business in this segment, and at the same time we can observe its dynamic development. Railways around the world is moving towards the use of cutting-edge and highly sophisticated technology," said Petr Beneš, CEO Pramet, which last year recorded a growth of 36 percent.

An interesting trend is according to him the fact that modern technology is increasingly moving from factories to college. "For example, repair parts directly on the wagons without demanding removal, etc. is also milling around," described the current situation in the sector Benes.

"Success will, however, continued investment in research and development. They take place mostly in cooperation with the parent company. Annually invested in this area amount to approximately 25 million crowns," concluded CEO Benes, with the progress helps the Czech government, . That under the support program covers about one-fifth of the said amount.

Jan Soukup,

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