EUROPE
STEELCON ARRIVES TO KOSICE, SLOVAKIA

Steelcon the leading Danish manufacturer of factory-made steel chimneys has opened a subsidiary in Kosice, Slovakia.

The company has opened its own factory in Slovakia in order to fulfill the objective of becoming an important player on the Central European market.

“Steelcon found Kosice to be the best location for Steelcon Slovakia as it combines the good location in the centre of Europe with the local tradition of designing and producing large metal constructions” says Steelcon Chief Executive Officer, Mr. Peder Møller Andersen.

Steelcon has taken over a production hall of approximately 2.000 square meters located close to the company’s main supplier of sandblasting and painting of chimneys, Colorrex. This is “naturally a positive factor for Steelcon” ...

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Burwitz's success story
 
BEROA ACQUIRES 80% OF U.S. COMPANY RAMCO

Beroa Technology Group has acquired 80% of Ramco Solutions Corp, a company specialized in installation of refractory material for the basic industry of the United States. With this acquisition Beroa significantly increases its US market share and reinforces its business area specialized in the installation of refractory material and the Group completes its strategy of being present in both, capital and maintenance works in refractory installation and chimney construction in the American market.

Ramco, located in Sewell, New Jersey, specializes in maintenance and shutdowns of large industrial plants. It also provides industrial services such as fire protection, civil works and restoration. Ramco is among the 25 largest firms in this market in the U.S.A.

The combination of extensive knowledge of the labor market by Ramco and Beroa’s experience in engineering and its ability to manage projects, will provide more attractive turnkey offers to current clients in the US. The companies will concentrate their activities in the business units of steel, cement, aluminum, nonferrous metals, glass, energy, chemicals and petrochemicals.

 


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CONSOLIDATION VS. CRISIS ENVIRONMENT

Juan Casteres
Chief Financial Officer

After two intense years in which Beroa has increased its international presence through acquisitions in the market, the Group requires focusing and consolidating its activities under its current perimeter. Beroa strategic goals of entering the market for refractory maintenance and completing our range of products in the chimneys’ sector were achieved with the integration of the Burwitz Group, NovoCOS and Ramco, on the one hand, and by taking a majority stake in Steelcon, leader company in steel chimneys construction. Such actions, in addition to complying with the Group’s strategic plan, allowing Beroa reassert its global pre-eminent place in the market, help us when it comes to deal with the present international economical crisis from which almost no player can be considered exempt, being likely to continue to affect us during some time ...