TŽ Annual Report 2008 in pdf, 7.5 MB - Třinecké železárny

4. Events of 2008JanuaryIn 2007, a record volume of steel was produced in the Třinec BOF steel plants. The result is the highest number in the recent history.Labour productivity calculated as an amount of produced steel per employee reached 472 t/employee and surpassed the record of 2006by 7 tonnes.FebruaryThe process of issuance of collective documents shares and documents to shareholders was initialised, following the decision of theextraordinary General Meeting November 2007 regarding the change from book-entry form of shares to the certificate form of shares.MarchThe most significant investment in the last fifty years was commenced in the subsidiary VÚHŽ in Dobrá, which became a part of theTŽ – MS Group in 2007. The company VÚHŽ significantly expanded production areas in its division – the Special Profile RollingMill by the end of 2008. A total of CZK 20 million was spent with regard to this investment. This action will be followed by futureinvestments in 2009 and 2012 and aimed at the implementation of a new portfolio of special sections.The most considerable ecological investment has been recently finished. The total reconstruction and modernisation of dedustingfrom sintering bands No. 1 and No. 2 of Sinter plant No. 1. The construction of a new facility based on eight segments of highly efficientcloth filters together with existing electrostatic separators makes it possible that the Sinter plant No. 1 has been ranked among the topEuropean producers of sinter thanks to a significant decrease in the amount of solid emissions from 100 mg to less than 50 mg/m3.AprilTřinecké železárny became the only shareholder of Šroubárna Kyjov (screw mill). The Třinecké železárny – Moravia Steel Group hascompleted its product portfolio by a renowned producer of rail screws, nuts, bearing hanks, mining stirrups and accessories for specialapplication such as rivets, turnbuckles, and anchor bolts. This acquisition is directly connected to Třinecké železárny material inputs.Třinecké železárny ranked in the prestigious competition the Czech TOP 100 once again. Based on the voting of a domestic jury, theTřinec company ranked first in the 10th Czech TOP 100 competition in the field of Metallurgy and Metal Treatment. On the whole,Třinecké železárny ranked eighth in ten most significant Czech companies.MayThe reconstruction and modernisation of Garret coilers in the Continuous Light Section Mill was finished in May 2008. This allowedcoiling bigger diameters of round bars to coils up to the weight of 2 tonnes. Yearlong construction of one of the major productioninvestments in the last ten years reached CZK 350 million. After the modernisation, the production of coils in the Continuous LightSection Mill amounted to 100 kt from the previous 30 – 40 kt annually. In this way, Třinecké železárny enlarged the portfolio of thesteel grades shifting them towards higher quality.The subsidiary Energetika Třinec came second in the Czech competition “The Energetic Project of 2007” and gained an award from theMinistry of Industry and Trade of Czech Republic for general overhaul, modernisation and reconstruction of the exhaust-heat boiler.The jury judged 19 projects by energetic, economic and environmental parameters.6