ŽĎAS concluded another contract in Russia. This time worth 140 million

Žďár nad Sázavou, 18 October 2019 – ŽĎAS managed to achieve another success in the Russian market. These days, a contract for the supply of a forging unit worth more than 140 million crowns was signed. A number of other projects are also under negotiation. By the end of this year, ŽDAS expects to conclude contracts with Russian business partners amounting to almost EUR 200 million.

In the past few days, the joint-stock company ŽĎAS signed a contract for the delivery of the forging unit with a company from the city of Kolpino, located southeast of St. Petersburg. This is another contract that the company managed to conclude in Russia. “Not only this success confirms that ŽĎAS is one of the leaders in the engineering industry and is able to succeed in the very strong world competition. In order to continue this, our priority is to support the development of the company and its technologies,” said Roman Náhončík, executive vice-president of CITIC Europe Holdings a. s., whose portfolio includes ŽĎAS.

In terms of the technical specification, it will be the forging unit with the CKV 1250/1600 hydraulic press,  QKK 8 NK rail-bound manipulator and the QHZ 8 and QWK 4 turntables. After some time, it is a complex supply of the forging equipment to the Russian market. “We are building long-term partnerships with our Kolpino customer. In the past, we modernized some forging equipment and manipulators there, and based on good technological and service experience with our company, the customer has chosen just us,” said Pavel Cesnek, ŽĎAS CEO. “This year we see a huge increase in investment opportunities in this territory. We are working intensively on many projects both in the standard production nomenclature of ŽĎAS and, for example, in the energy segment. We assume that we could make a deal for almost EUR 200 million,” said Cesnek.

The construction of an energy source with the subsequent production of compressed air for Magnitogorskij metallurgicheskij kombinat (MMK) or the March strategic contract for the supply of the forgings for nuclear energetics with Russian energy giant Rosatom rank among the biggest tenders in the Russian market where ŽĎAS succeeded. ŽĎAS may have become the first direct supplier of Czech industry for the Akkuyu Nuclear project, and one of the few Czech manufacturers who managed to meet the demanding business and audit criteria of the Rosatom Group.