Třinecké železárny has extended its activities into the wind energy segment
The Třinec steel producer has purchased the Czech company Brück AM, Zámrsk in the Pardubice Region. The company produces various components, especially for the wind power sector, in the form of bearing rings. Třinecké železárny is a long-time supplier of steel and intends to further develop the company.
"Up to now, our acquisitions in the acquired companies have always led to an increase in production and profitability. We believe that Brück AM will grow and continue to grow under our wings too," said Jan Czudek, the CEO of Třinecké železárny. Buying an engineering firm is a logical step. "It fully complies with our strategy of extending our product chain," he added.
Brück AM deals with hot forming, refining and subsequent machining. The company is equipped with state-of-the-art technologies in hot metal forming by seamless rolling of circles and their subsequent heat treatment. It also has top CNC machining technology in precision engineering.
The company's products are primarily geared to wind power plants, but can also produce flanges for submarines, water pipelines, space rocket covers, and special components for CT tunnels in pharmacy.
"Our products are among the top ones in the industry. I consider the link with the manufacturer of high-quality steel a step in a good direction, which will be beneficial for the further development of our company both in the introduction of new technologies as well as in the further expansion of the product portfolio," commented Luboš Malý, the current manager of the company.
Acquisitions will be judged by the relevant antitrust authorities according to standard rules. They will not publish the amount of the business deal.
Brück AM Zámrsk employs more than 260 people. Last year's sales exceeded one billion CZK. Over 90% of the production is for export, most often to Germany, Spain, but also to Brazil, Mexico, Belarus and other countries.
Třinecké železárny founded in 1839 are the largest steel producer in the Czech Republic. Annual sales in 2016 exceeded 32 billion crowns. Employing 7,000 people. The annual production of the steelworks amounts to roughly 2.5 million tons of steel, which corresponds to half of the current total domestic steel production. Its main products include long rolled products – wire rod, steel profiles, SBQ, drawn steel, rails, wide steel, seamless tubes and cast or rolled semis. Over 60% of production is export-oriented, to ca. 60 countries worldwide.
Petra Macková Jurásková
Press Secretary of theTřinecké železárny - Moravia Steel Group
phone: +420 558 535 841
mobile: +420 602 265 738