Business news from Ukraine

ELVORTI GROUP OFFICIALLY LAUNCHES METALIT FOUNDRY

12 April , 2016  

KYIV. April 12 (Interfax-Ukraine) – Elvorti Group (Kirovohrad), an agricultural machinery manufacturer, has officially presented a new foundry – private joint-stock company Metalit.

The company said that the new company was created on the basis of a foundry shop of public joint-stock company Chervona Zirka, a large agricultural machinery manufacturer in Ukraine. Investment in the foundry reached UAH 120 million.

Metalit produces cast section weighing from 500 grams to 55 kilograms from cast iron using automated equipment made by Danish Disa. The production capacity is 2.5 tonnes per hour. The equipment is unique in Ukraine.

Some UAH 108 million was investment into equipment, particularly, Germany’s Otto Junker induction melting furnace with a production capacity of 5 tonnes per hour, Italy’s Fomet automated pouring control device and Disa casting line with a production capacity of 100-120 cast sections a year and the Disa Core device.

Metalit can supply products for various engineering, hydraulic systems, machine building and railway transport.

“Companies that cooperate with Metalit have managed to increase the quality of their products, while Hydrosila stopped importing casting sections from Turkey,” the press service said.

The foundry has a next generation filter system designed under European standards by Germany’s FLSmith.