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Armenian Economy Minister confirms news of Tatra truck factory opening in Armenia

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Tuesday 21 March 2017
Suren Karayan
Photo: Armenian Ministry of Economic Development and Investments

Suren Karayan

Suren Karayan

Armenian Minister of Economic Development and Investments Suren Karayan said today that Armenia agreed with Tatra truck company from Czech Republic to open a factory in Kotayk marz.

Minister Karayan made that statement at the request of Banks.am, commenting on the news that caused a heated discussion in the press.

“A delegation from TatraTrucks arrived in Armenia earlier by the invitation of Prime Minister of Armenia Karen Karapetyan. We had a meeting with the company’s representatives and discussed the possibility of establishing a production in Armenia. The Ministry implemented the corresponding work with Tatra.

I am happy to state that the memorandum signed by TatraТrucks and Zenon LLC implies creation of a Tatra truck factory in Armenia’s Kotayk marz. There are all preconditions for the agreements to be realized,” said Suren Karayan.

Minister Karayan called the public to follow the developments of the situation.

It’s worth reminding that Tatra was founded in 1850. As of 2014, the company had 845 employees and annual revenue of USD 148m.

Published under Tatra Works
March 27th, 2017

Denmark orders CAESAR howitzers on 8×8 Tatra trucks

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Tatra has confirmed that it will supply 8×8 T-8 truck chassis for the Nexter CAESAR 155 mm/52-calibre self-propelled howitzers that have been ordered by Denmark.

The Tatra-based 8x8 version of CAESAR was unveiled by Nexter in September 2015. (Christopher F Foss)The Tatra-based 8×8 version of CAESAR was unveiled by Nexter in September 2015. (Christopher F Foss)

Denmark’s defence minister announced the selection on 14 March, saying Nexter had won the tender to supply 15 CAESARs. Jeppe Reng, a spokesman at the Danish Ministry of Defence (FMN), told Jane’s the DKK300 million (USD43.6 million) contract also includes an option for an additional five and that deliveries are scheduled to commence in 2020.

The CAESARs will replace the US-built M109A3 howitzers currently in service with the Danish Army.

Reng said the FMN had not specifically requested that the CAESAR be mounted on the Tatra chassis, but Nexter had offered this configuration to meet its requirement. He added that the CAESAR was selected over the Elbit ATMOS system in the final round of testing.

“Nexter Systems offered the CAESAR 8×8 Tatra as their artillery system candidate,” he said. “[It] was deemed the most advantageous in terms of technical requirements, acquisition costs, and life cycle costs.”

The use of the 8×8 chassis will enable the Danish CAESARs to carry a heavier payload than the 6×6 versions that are currently in service. They will be fitted with a new automated loading system and be able to carry 30 rounds of ammunition.

Tatra Trucks spokesperson Andrej Cirtek told journalists the Danish CAESARs will use the T-815 chassis configured with a Tatra eight-cylinder direct air-cooled engine coupled with a Tatra-Norgren semi-automatic transmission offering a full-time 8×8 capability. It will have a pneumatic suspension system for all four axles, which Cirtek said is unique for a vehicle of this weigh class.

Published under Tatra Works
March 27th, 2017

Tatra trucks manufactured in Armenia to be sold to Iran

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Tatra trucks manufactured in Armenia to be sold to Iran

March 21, 2017 – 11:50 AMT

PanARMENIAN.NetTatra trucks set to be manufactured in a soon-to-be-launched factory in Armenia will be sold to Iran.

Tatra is a Czech manufacturer producing vehicles. Owned by the Tatra Truck company, it is the second oldest company in the world producing cars with an unbroken history, after Peugeot.

A truck production factory will be built in Armenia’s Kotayk province, according to a memorandum signed between Tatra Trucks and Zenon LLC. The deal is the result of an agreement reached between prime minister Karen Karapetyan and Russia-based Armenian business people.

Chief of Gazprom Armenia Artashat branch Andranik Harutyunyan told PanARMENIAN.Net that the deal was made possible due to his own personal connections.

“The Czech side are my friends, and I have worked with the prime minister for years. So I serve as a link between the two,” Harutyunyan said, adding that negotiations over creating the factory started back in November.

“Once we launched the talks, I had a personal meeting with the Iranian ambassador to Armenia to brief him on the preliminary agreements,” Harutyunyan said.

“The Iranian side accepted the perspective with great enthusiasm, taking into account the EU sanctions. We thus secured a large market for the sale of trucks. “

According to Harutyunyan, the trucks will be exchanged for Iranian goods, which will be consumed in the Armenian and Russian markets alike.

A second phase of the deal will seek to sell the trucks to Russia, which is deemed a wise move in the light of the sanctions against the country, Harutyunyan said. “No sanctions last forever, so we must try to benefit from the situation while we can,” he remarked.

Published under Tatra Works
March 27th, 2017

Tatra truck production factory will be built in Armenia

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Tatra truck production to launch in Armenia

March 18, 2017 – 21:53 AMT

PanARMENIAN.Net – A Tatra truck production factory will be built in Armenia’s Kotayk province, according to a memorandum signed between Tatra Trucks and Zenon LLC, a top official from Gazprom Armenia said.

Andranik Harutyunyan said the deal is the result of an agreement reached between prime minister Karen Karapetyan and Russia-based Armenian business people.

2000 new jobs will be created by the end of the project.

PAN’s sources separately confirmed the news.

Tatra is a Czech manufacturer producing vehicles. Owned by the Tatra Truck company, it is the second oldest company in the world producing cars with an unbroken history, after Peugeot.

Published under Tatra Works
March 27th, 2017

Tatra introduces jubilee Phoenix – the Prasident – to celebrate 120 years of Tatra

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PhoenixPraesident2017

Tatra, started production of limited edition trucks Tatra Präsident Phoenix. He recalled that the anniversary of the start of construction of the oldest Czech car, from which this year will mark 120 years.
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CEO Tatra Trucks Radek Strouhal told E15.cz said that the company has begun offering customers the first pieces of special vehicles of Phoenix. “The interest is quite large, although it is a relatively expensive option. That car is significantly luxuriously equipped. We believe that our advertising will be interesting, “he said.
The cabin is painted in a special metallic shades of burgundy and decorated with a distinctive gold lettering Präsident. “It is at first glance, clearly identifiable car. My dream is to produce 120 of them, when we have this anniversary. I think that it could succeed. Enthusiasts who want to have something special, I hope to find enough, “he added Strouhal.
Another anniversary will celebrate Tatra next year. In 1898 he began producing the first trucks.
Tatra last year produced more vehicles by half, net profit of 400 million attacking border
Industry and Energy
Tatra last year produced more vehicles by half, net profit of 400 million attacking border
From carriages and buggies to heavy cars
The origination of the company dates back to June 1850 when Ignatz Schustala with two companions started in the former Nesselsdorf production of carriages and buggies. About less than four decades of his successor thereto added rail cars.
Significant is just the year 1897. Nesselsdorfer Wagenbau Fabriks Gesellschaft built one of the first mass-produced cars in the world with an internal combustion engine Präsident and a year later the first lorry. Tatra bears the name of the company since the end of the First World War.
Tatra, started production of a limited edition  Tatra Präsident Phoenix on the occasion of the construction of the oldest Czech car, 120 years ago.
CEO Tatra Trucks Radek Strouhal said that the company has begun offering customers the first pieces of special vehicles of Phoenix. “The interest is quite large, although it is a relatively expensive option. That car is significantly luxuriously equipped. interesting, “he said.
The cabin is painted in a special metallic shades of burgundy and decorated with a distinctive gold lettering Präsident. “It is at first glance, clearly identifiable car. My dream is to produce 120 of them, when we have this anniversary. I think that it could succeed. Enthusiasts who want to have something special, I hope to find enough, “he added Strouhal.
Another anniversary will celebrate Tatra next year. In 1898 he began producing the first trucks.
Tatra last year produced more vehicles by half, net profit of 400 million attacking border
Tatra last year produced more vehicles by half, net profit of 400 million attacking border
The origination of the company dates back to June 1850 when Ignatz Schustala with two companions started in the former Nesselsdorf production of carriages and buggies. About less than four decades of his successor thereto added rail cars.
Significant is just the year 1897. Nesselsdorfer Wagenbau Fabriks Gesellschaft built one of the first mass-produced cars in the world with an internal combustion engine Präsident and a year later the first lorry. Tatra bears the name of the company since the end of the First World War.
Published under Tatra Works
March 10th, 2017

Radek Strouhal named new CEO of TATRA TRUCKS

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Radek Strouhal named new CEO of TATRA TRUCKS

29 January, 2017

On 1st February 2017 former CFO Radek Strouhal will become CEO of TATRA TRUCKS after more than three successful years at the head of the truck maker’s financial department.

Radek Strouhal named new CEO of TATRA TRUCKS

“Radek has been part of Tatra’s management team since the current owners came on board. He played a key role in rescuing the company in terms of the financial management and negotiations with banks and other financial partners; he continues to manage both of these roles supremely well,” says Petr Rusek, the chairman of TATRA TRUCKS and board member of CZECHOSLOVAK GROUP, on his appointment.

After a leap in production in 2016, Tatra is entering a period where the focus will be placed on optimizing costs, increasing labour productivity and associated investment in key corporate infrastructure. “Radek Strouhal is therefore taking up the position of CEO after he had largely resolved these priorities in his previous position,” explains Petr Rusek.

Having fulfilled his key task to increase production year-to-year from 900 to 1,300 vehicles, Martin Bednarz is leaving the position of CEO of TATRA TRUCKS. Under his leadership, the truck maker produced a total of 1,326 vehicles in 2016. Petr Rusek says: “We thank Martin Bednarz for his work in our company, especially for setting up production for the subsequent stabilization phase and we wish him much success in his future work.”

In terms of human resources, Radek Strouhal’s appointment is an expression of managerial continuity. He has been working for the truck maker continuously since the arrival of the new owners, Czech entrepreneurs Jaroslav Strnad and René Matera, in whose PROMET GROUP holding company he worked as Chief Financial Officer before joining Tatra. He has been a TATRA TRUCKS board member since October 2013.

Radek Strouhal’s successful business economics management is evidenced by a huge shift of TATRA TRUCKS in its financial rating. From the position of a partner with very high financial risk at the time of the takeover by the new owners in the spring of 2013, the company has managed to move into the best green zone with a low risk of credit default already by mid-2014. According to the international Coface agency, the credit rating of TATRA TRUCKS in 2015 was a seven out of a possible ten.

Radek Strouhal adds: “Standing at the head of the third oldest automaker in the world is a great honour and responsibility for me. Tatra will undertake another increase in production, but hand-in-hand with increased productivity. Tatra’s growth will be supported by hundreds of millions in investment, including the project of restructuring the middle tract that will transform Tatra into a modern industrial building in terms of internal facilities and outer appearance. I will put great emphasis on human resources and positive employee motivation not only in manufacturing but also in Sales and other departments. The company was rescued through the teamwork of all “Tatrovaks”, now the long-term development begins.”

Published under Tatra Works
February 7th, 2017

Czech Republic orders more Pandur II armoured vehicles

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PandurII2017

The Czech Ministry of Defence (MoD) on 30 January awarded a CZK2.07 billion (USD82.0 million) contract to Tatra Defence Vehicle for the procurement of 20 specialised versions of the Steyr Pandur II 8×8 armoured vehicle for the Army of the Czech Republic (ACR).

Tatra Defence Vehicle obtained exclusive assembly and marketing rights for the Pandur from Steyr parent company General Dynamics European Land Systems in 2015.

Tatra Defence Vehicle will deliver six Pandur vehicles configured as command-and-control platforms and another 14 vehicles configured as communications platforms to the ACR, which already operates a fleet of 107 Pandur vehicles in various configurations.

The Czech government approved the procurement of the 20 specialised vehicle platforms in 2015; however, MoD procurement schedules for other defence systems did not provide room for the Pandurs in the budget until 2017.

The 20 platforms are expected to cost an additional CZK800 million from the original price of CZK1.27 billion since the ACR updated its requirements with additional ballistic protection and other more modern onboard technical and IT systems.

“The [increased procurement] price was reviewed by two independent court-appointed experts who ruled that the current price reflects the technological upgrades incorporated into the new vehicles,” deputy defence minister Daniel Kostoval told the media on 30 January.

Published under Tatra Works
February 1st, 2017

Czech car production rises to record levels in 2016

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17-01-2017 14:18 | Ruth Fraňková

Car production in the Czech Republic increased by eight percent in 2016 compared to the previous year to a record figure of 1.344 million cars, the president of the Automotive Industry Association Bohdan Wojnar announced at a press conference on Tuesday. Production increases were recorded by all three of the Czech Republic’s major car production companies.

Photo: Marián Birošík, Public DomainPhoto: Marián Birošík, Public DomainThe biggest producer, Škoda Auto last year recorded the highest increase in production, by 12.5 percent, to 765,171 cars. The Hyundai plant in Nošovice, Moravia, increased its production by five percent to 358,400 and Kolín-based joint venture TPCA boosted its output by less than one percent to 220,611.

Mr. Wojnar warned though that both Škoda Auto and Hyundai car producers have started to reach the ceilings of their production capacities with a maximum number of shifts operating and problems developing with supplies from sub-contractors.

Exports of Czech car producers increased last year by 8.6 percent to 1.6 million vehicles, while domestic sales rose by four percent to 104,163 vehicles.

“We are not expecting the fast rate of growth to continue in the future. It will be difficult to exceed that eight percent,” Mr Wojnar said. According to him, the increase in production could reach about five percent this year. Besides production limits, the rate of growth will also depend on the situation on various markets.

The country’s truck production, represented by Tatra Kopřivnice, increase last year by 56 percent to 1,326 lorries, while production of buses dropped by three percent to 4,388. The highest production was recorded by Iveco Bus with 3,885 vehicles, followed by SOR with 454 buses and KH Motor Centrum with 49 buses. Motorcycle producer Jawa Moto recorded a drop in output by 29 percent to 1,228 pieces.

In terms of car production relative to the size of the country’s population, neighbouring Slovakia remains the world’s largest car producer, currently manufacturing 191 cars per 1,000 inhabitants, and is considerably ahead of the Czech Republic in these terms.

Car production in Slovakia also reached a record figure last year, with the country’s three major car makers, Kia Motors, Peugeot Citroën and Volkswagen manufacturing 1.04 million cars.

Published under Press, Tatra Works
January 18th, 2017

Former Tatra Koprivnice works hall destroyed by fire

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TatraWorkHalldestroyed80117

Former Tatra Koprivnice works hall destroyed by fire

https://www.novinky.cz/krimi/425752-plameny-slehaly-desitky-metru-vysoko-v-centru-koprivnice-horela-hala.html

Published under Press, Tatra Works, Video
January 8th, 2017

Tatra Trucks wants to raise its production from 1,326 to 1,700 units

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Tatra Trucks wants to raise its production from 1,326 to 1,700 units

CIA NEWS |
4 JANUARY 2017

Czech manufacturer TATRA TRUCKS produced 1,326 trucks in 2016. Its production thus increased by over 50% y/y. Tatra’s EBITDA will likely be close to CZK 500m for the year 2016. The production and sales target for the year 2017 is 1,700 units. The truckmaker thinks it is possible to deliver to the global market about 2,000 trucks a year in the segment of special utility vehicles and chasses. According to chairman of the board of directors Petr Rusek, the growth in the year 2017 will be more challenging compared with last two years.

Source: www.cianews.cz

Published under Tatra Works
January 4th, 2017
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