Machinery group
WAY INDUSTRY, a.s.
The manufacturing and trading company WAY INDUSTRY, joint stock company started its activities on March 1,1999. It continued the heavy machinery tradition at the region of Krupina. In the year of 2001, the owners have changed and the name of the company has also changed. WAY INDUSTRY joint stock company is involved in the foreign trade with the machinery products. The main products mentioned bellow: skid steer loaders LOCUST L 453, L 752, L 753, L 853, L 903, L 1203, L 1203 TELSPEED, Mine Clearance Systems called BOZENA 4 and BOZENA 5, and the aircraft hauler TALET - represent the decisive manufacturing program. The good special policy of the company is supported by the quality of the provided services for the production and delivery of spare parts. The company with its quality work and considerable flexibility has gained successful position at the mentioned fields within the Slovak Republic and also abroad. SITNO HOLDINGS controls 100% of the company`s shares since february 2009.
ELKA, a.s.
Elka, a.s. began its activities on 20 May 2000 by introducing itself as a producer of electric heating systems.
In June 2000, Elka, a.s. concluded a contract for the production and supply of electric oil heaters, dryers and radiators with a foreign company for a period of 10 years. Thanks to financial support from the single shareholder SITNO HOLDING, a.s., in July 2000 the company began the mass production of electric oil radiators. During 2001, a wider assortment of products mainly in the form of machine products from sheets with individual surface finishes followed along with new foreign customers.
In 2001, the company commenced investment activities aimed at the completion of the modernization and automation of production processes in the form of investments in new technology and machinery. Each year the company invests in the long-term maintenance of its valuable assets with an average year on year growth of 51.3%.
In January 2003, the company obtained an ISO 9001:2000 quality management system certificate. In April 2006, with a view towards expanding its production portfolio, Elka, a.s. increased the scope of its certified activities. Currently it owns a certificate for the "production of electric oil radiators, electric dryers, connection boxes and components for lighting technology".
The single shareholder of Elka, a.s. is SITNO HOLDING, .a.s., which has a 100% share of the company's share capital.
STREDOSLOVENSKÉ STROJÁRNE SITNO, a.s.
Stredoslovenské strojárne Sitno, s.r.o. was established on 29 October 2001 by SITNO HOLDING, a.s. Until its final purchase of the section of the company from the bankruptcy trustee due to the collapse of Stredoslovenské strojárne, a.s. on 12 July 2002, the company did not perform any business activities. After its transformation into a joint-stock company in April 2004, it was refocused as a engineering company and its basic strategy was changed from repeat customer production mainly focused on welded structures and their mechanical treatment and their installation for foreign customers (most production was directed towards mobile equipment for the construction industry) towards the introduction of its own final mass production of band saws and sanders for metal and wood. In 2003, SSS Sitno closely cooperated with partners, mainly sub suppliers for the automotive industry, as a further sub supplier for technological equipment and production lines in the automobile industry in the area of treating part profiles.
Currently, the company cooperates with various engineering companies in European countries and the United States.
The single shareholder of Stredoslovenské strojárne Sitno, a.s. is SITNO HOLDING, a.s. , which has a 100% share of the company's share capital.
PPS GROUP, a.s.
PPS has a 50-year tradition of engineering production. The firm began to write its history in 1954 under the name Podpolianske strojárne Detva. From the very beginning, PPS was profiled as a producer of construction, transport and handling technology.
On the basis of a Contract for the Purchase of the Firm, on 4 July 2003, Odien/Sevis reeng a.s. purchased PPS Detva Holding a.s. during bankruptcy proceedings for the company as an entire unit. On 9 Septemper 2003, the company's General Meeting of Shareholders approved changes to the company's Articles of Incorporation and the company's name from the original Odien/Sevis reeng a.s. to PPS Group a.s. headquartered at Tajovského 7, 962 12 Detva. The main strategy of the company is aimed at the production of large sized booms, frames, arms and other moving components for renowned producers of mining, agricultural, construction, transport and engineering producers and the production of the HON 200 loader. The prototype HON 200 loader was unveiled in December 2007 when it was presented for the first time to the public.
Traditional customers of the company include VOLVO, TSP (ATLAS COPCO), KOMATSU-Hanomag, Sennebogen, Caterpillar and others. In 2007, new production for Liebherr France was launched and the company commenced cooperation with John Deere for the forestry industry.
A strategic investment policy was created around the development of the industrial park in Detva directly on the grounds of PPS Group, a.s. and massive investment in progressive technology. The company has a certification for its quality management system following EN ISO 9001:2000, and for its welding quality system it has EN ISO 3834-2 and DIN 18800-7 certification as well as its own accredited calibration lab.
PPS Group a.s. is the 100% owner of PPS Vehicles s.r.o., which focuses on specialized production. The company meets the legally established regulations valid for selling military equipment and is a full member of the Defence Industry Association (Združenia obranného priemyslu).
SITNO HOLDING, a.s. holds 10.72 % of the share capital of PPS Group, a.s.
VÝVOJ MARTIN, a.s.
VÝVOJ Martin, a.s. has a long tradition of research and development in various areas of engineering, mainly in the areas of mobile technology and the completion and reconstruction of technological equipment in the automobile, chemical, wood, food, cellulose and rubber industries as well as in industries that process minerals and in rail and road transport. The company also develops various unique machinery and equipment for testing and process quality control and in securing prototypes, samples and small-scale production. VÝVOJ Martin, a.s. is a producer of equipment and machinery for maintaining roads and motorways. It also completes the most demanding projects thanks to its strong ties with the production capacities of other engineering firms and its ability to secure supporting resources within scientific-technological projects and state science and research programs.
VÝVOJ Martin, a.s. is the headquarters for the Slovakia-wide centre for the development of engineering that is comprised of 17 leading engineering research and development organizations and has a strong impact on shaping technical policies and predictions for the Slovak engineering sector. In 2004, restructuring came to the company as supported by its mother company after which the company was stabilized. The company took part in the delivery of Tatrapan vehicles in 2004 along with other tasks from state programs.
The company is focused on specialized activities with a high share of research and development activities mainly in the area of progressive technological, transport and handling equipment in the engineering industry, and the mineral, cellulose and chemical processing industries. VÝVOJ Martin also takes part in increasing the technical level and expanding the assortment of the applications and potential sale of special military wheeled and tracked vehicles, special purpose containers selected for the specific needs of the Ministry of Defence of the Slovak Republic and the Ministry of the Interior of the Slovak Republic along with the development and production conditions for large welded structures and cooperative production for the production of equipment for the stone mining industry. In 2007, the company received the contract to provide seven items for the Mobile Communication System for the Ministry of Defence of the Slovak Republic. The company has also taken part in the sale of its own production: the armoured TATRAPAN vehicle, industrial positioners, technological and drive systems as well as the sale of vehicles and snow ploughs for road and motorway maintenance.
The single shareholder of Vývoj Martin, a.s. is SITNO HOLDING, a.s. , which holds 100% of the company's share capital.
EOLICA Slovensko, a.s.
SITNO HOLDING, a.s. began negotiations with producers of alternative energy in 2005. In the area of using wind power to generate electricity, SITNO HOLDING, a.s. established EOLICA Slovensko, a.s., in February 2006 together with a foreign partner - the Spanish company Generación Eólica Internacional, s.l., which is a daughter company of the Spanish group ENHOL, which has vast experience in the construction and operation of wind farms across the world. EOLICA Slovensko, a.s. currently has completed a number of projects in various locations across Slovakia and Eastern Europe. In 2007, the company installed two measurement towers in the villages of Makovica and Telgárt. SITNO HOLDING, a.s. has a 20% share of the company as of 31 December 2007.
PRAMAC Slovensko, a.s.
In September 2007 SITNO HOLDING, a.s. established PRAMAC Slovensko, s.r.o. with the Italian firm PRAMAC S.p.A. PRAMAC Slovensko; its central warehouse is in Bratislava from where it distributes electrical generation and handling technology. Its activities have expanded into neighbouring Hungary and the Czech Republic. The company plans to build a factory in the Slovak Republic to produce generators and handling equipment. SITNO HOLDING, a.s. has a 50% share of the company as of 31.12.2007.