July 29, 2016 1:10 AM ET

Machinery

Company Overview of VÍTKOVICE Holding, a.s.

Company Overview

VÍTKOVICE Holding, a.s., through its subsidiaries, is engaged in the fields of machinery manufacture and supply of large investment assemblies. It offers long forged products and pipes; shaped forgings, castings, and ship parts; gearboxes, gears, and machine parts; steel cylinders; fire extinguishing equipment; and machine parts, machinery equipment, and technological equipment. The company also provides information systems, and information and communications technology solutions; and maintenance services for machines and technologies; structural steel construction and technological equipment installation services; and testing, calibration, transport, and facility management services. In add...

Ruska 2887/101

Ostrava,  706 02

Czech Republic

Founded in 1828

Phone:

420 59 5956878

Fax:

420 59 5956035

Key Executives for VÍTKOVICE Holding, a.s.

VÍTKOVICE Holding, a.s. does not have any Key Executives recorded.

VÍTKOVICE Holding, a.s. Key Developments

Part of VÍTKOVICE Reportedly May Be Sold

It has been reported that part of VÍTKOVICE, probably the VÍTKOVICE GEARWORKS a.s. and Hutni montaze, a.s. may be sold to E-INVEST by VÍTKOVICE's owner Jan Svetlik. The possible sale is subject to discussions between the participants.

Vitkovice Machinery to Supply CZK 9 Billion Steel Mill to Saudi Arabia

Vítkovice Machinery Group will supply a complete steel mill to Saudi Arabia and the price may reach up to CZK 9 billion. The group will be responsible for the supply of a complete new steel mill, including secondary technology and equipment for continuous steel casting. The total price of the project reaches $1.2 billion. Vitkovice could gain some CZK 5.5 billion but the contract may be raised by another CZK 3.5 billion.

Vitkovice Holding Reports Consolidated Earnings Results for 2015

Vitkovice Holding reported consolidated earnings results for 2015. For the year, the company made a CZK 240 million profit, CZK 160 million lower than in 2014, and its sales decreased by CZK 2 billion to CZK 14 billion. Sales fell due to the global decrease in investments in oil and gas extraction and processing. The drop was significantly offset by growth in sales of Vitkovice Machinery Group's bottling plant. Operating profit reached CZK 400 million and EBITDA profit was worth CZK 1.1 billion.

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Recent Private Companies Transactions

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No transactions available in the past 12 months.
 

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