New Ostrava company MRWheels produces hoops for rolling stock on the VHM premises

Source: Dopravní noviny Date: 27.08.2021

The tradition of heavy engineering at the Vítkovice Heavy Machinery (VHM) complex in Ostrava continues even after the complex was sold at auction at the beginning of the year. MRWheels from the CE Industries group is successfully operating in the former forge and employs 85 workers, mostly former VHM employees. In 2020, it generated sales of CZK 76.7 million and made a pre-tax profit of CZK 2.3 million. Its plan for this year is to double year-on-year sales of its main product, hoops for rolling stock.