"A-Tec" to invest 1.35m EUR in Bor-based factory FOD by end of year 2009

(Ernest Bruner)

"A-Tec“ is going to invest 1.35m EUR in Bor-based factory FOD by the end of the year 2009 and it will enable export of its products to foreign markets. As the CEO of ATB FOD, Ernest Bruner, explained, the Austrians plan to increase production by 60% prior to year 2011 and to organize production of equipment for hydroelectric power plants.

- Our plan is to buy 2 new automatic milling machines and carry out certification by the end of the year – said Bruner and added that the positive business results could be expected already at the end of year 2009.

As Bruner explained, "A-Tec“ will also invest in "social domain" by opening a canteen, and part of the funds will be invested in education of employees because, in addition to new technology, additional training of workers is what enables penetration of international market.