Apr 20, 2011

Czech Minister of Industry and Trade visited Uralvagonzavod

An official delegation of the Czech Republic headed by Martin Kocourek, Minister of Industry and Trade, visited the principal enterprise of URALVAGONZAVOD Corporation on 20 April 2011. The delegation also included Petr Kolarzh,Ambassador Extraordinary and Plenipotentiary of the Czech Republic to the Russian Federation, other state officials and business executives of the Czech Republic. Among the latter there were executives of ALTA, a.s., that is an enterprise which has been cooperating with Uralvagonzavod on modernization of its production facilities for many years.

At the negotiating table the guests from the Czech Republic met executives of URALVAGONZAVOD Corporation, other enterprises located in Nizhny Tagil and city administration. Prospects of mutually beneficial cooperation between Czech companies and enterprises located in Nizhny Tagil were discussed at the meeting.

After the negotiation the delegation visited the painting shop the retrofitting project of which involved cooperation with leading Czech companies. The project was credited by Czech Export Bank andtheequipment was supplied by ALTA, a.s. The painting complex which is unique both in Russia and Europe due to its technical parameters was set up in the southern span of the division. Inauguration of the complex, the total cost of which amounted to 74 million euros took place in June 2010. At present the painting production line operates at full capacity which is 16 thousand units of rolling stock a year.

While answering journalists’ questions Martin Kocourek, Minister of Industry and Trade of the Czech Republic, gave a high estimate to industrial potential of Uralvagonzavod. “I am sure that our companies will continue their joint effort and find areas of common interest in the future” – he said.

Ambassador Petr Kolarzh also expressed confidence in continuation of business relationship between enterprises of the two countries. He emphasized: “As far as we are concerned there is interest. There is demand. We will proceed in the same direction. So much more that experience of cooperation is successful.”

Ruslan Kondrashov, acting first deputy of CEO of UVZ Corporation, also spoke of prospects. He said that a programme of interaction with the Czech company of ALTA, a.s. and Czech Export Bank is under way at Uralvagonzavod. In the framework of the programme a number of projects on technical retooling and modernization of various divisions of metallurgical production and wagon assembly are implemented. The most significant of these projects is connected with modernization of wheel set shop, where a state-of-the-art automatic line for axle machining and a modular unit for press formation of wheel sets are set up. At present the issue of establishment of a new credit in Czech Export Bank is discussed. The money received will be directed to purchasing state-of-the-art equipment.