November 21, 2008

Pilsen Steel bags USD 55.6 million contracts

OMZ has announced that its subsidiary Pilsen Steel, formed by the merger of former parts of Skoda Steel, SKODA Kovarny, Plzen sro and SKODA HUTE in April 2007, has concluded contracts with Russian and foreign customers valued at more than USD 55.6 million.

Pilsen Steel specializes in the production of forged blanks of 1 to 80 tons. It is a world leader in the production of forged shafts for wind powered electricity plants and the second biggest supplier of crankshafts for four stroke diesel engines. Pilsen Steel also manufactures rotors and propeller shafts. It also supplies to the global market casting products of up to 200 tonnes, including casting products for steam and gas turbines, engine units, housings for rolling mills and processing machines and also casting products for the shipbuilding industry.