Economic Slowdown and Pandemic Affected the Economy
One of the most challenging years in modern history, this was the year 2020 for Třinecké železárny. It was accompanied by an economic slowdown, uncertainties on the steel market, and finally a global coronavirus pandemic that meant a fundamental change in the organisation of work and care of employees. Despite this, the company managed to achieve a positive result of CZK 469 million. However, this is the worst result in a decade.
WE AIM TOWARDS REDUCING HALF OF GREENHOUSE GAS EMISSIONS BY 2030
Reconstruction of one of the two blast furnaces and modernization of the last of the three wind heaters. These are the two most important events of this year, which will lead to a reduction in the energy intensity of the operation in Třinecké železárny (TŽ). Together with the purchase of energy from renewable sources for the operation of all office buildings, this will mean a reduction in carbon dioxide emissions.
TŘINECKÉ ŽELEZÁRNY HAS LAUNCHED A VACCINATION CENTRE FOR EMPLOYEES
At the end of last week, the operation of the Třinecké železárny (TŽ) vaccination centre started. This is done by pilot vaccination of employees with a chronic disease or with a potentially high risk of a severe impact of the COVID-19 disease, who voluntarily registered in the company register. The paramedics of the AGEL Třinec-Podlesí Hospital vaccinated them with Pfizer.
TŘINECKÉ ŽELEZÁRNY RELEASES PART OF OXYGEN CAPACITIES FOR HEALTHCARE NEEDS
Třinecké železárny decided to help healthcare at a time of increased oxygen consumption used for the treatment of COVID-19 disease. In cooperation with Linde Gas, it will release 25% of its capacity.
GREEN ENERGY FOR THE OFFICES OF THE COMPANY
Lighting, air conditioning and other electricity consumption of the Třinecké železárny's administrative buildings will be supplied with energy from renewable sources throughout the year. Volume of this is approximately 5 GWh.
This Year, the Company Will Invest CZK 1.6 Billion
In 2021, Třinecké železárny faces the challenges associated with reducing its carbon footprint in the production of iron and steel. This will be reflected in the further development of the company and in investment plans. The Company plans to invest CZK 1.6 billion this year. In 2020, investments amounted to CZK 1.4 billion.
The Tube Rolling Mill Will Modernize the Key Production Line
The modernization of Big Mannesmann, the key production line of the Třinecké železárny operation in Ostrava, where the company produces pipes, will take four years. The tube rolling mill modernization will start in September this year. The goal of the investment for almost CZK 25 million is primarily to increase the quality of seamless tubes.
Wages will be rising despite the unfavourable situation. Anyway, the company will not avoid austerity measures
An amendment to the collective agreement concerning wage growth was signed on Tuesday 15 December by the management of Třinecké železárny with representatives of the Trade Union organizations of KOVO Třinecké železárny. Both parties have agreed on wage growth next year starting from 1 January 2021.
Třinecké železárny generated a profit of CZK 610 million last year
Třinecké železárny has concluded 2019 with the company's profit of CZK 610 million. This is the lowest economic result since the economic crisis in 2008. The financial results were approved by the General Meeting of the company on Monday, June 29.
Třinecké Železárny Uses Part of Its Energy from Renewable Sources
All administrative buildings of Třinecké železárny have started using energy exclusively from renewable sources. Likewise, a chemical water treatment plant is operated for green energy all year round.