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Slovenia Business Week no. 10/2005: Steel Plant and Foundry to Boost Competitiveness with Partnership

Steel plant Metal Ravne and foundry Mariborska livarna have signed an agreement on long-term strategic cooperation, in a bid to combine know-how and improve their competitive edge abroad

Steel plant Metal Ravne and foundry Mariborska livarna have signed an agreement on long-term strategic cooperation, in a bid to combine know-how and improve their competitive edge abroad.

The first result is joint work in the production of Ravnex, high performance steel which is made by Metal, and the manufacture of tools for the automotive industry, according to Livarna Maribor chairman Branko Zerdoner.

"The strategic partnership is designed to combine Slovenian know-how and prove that we can succeed in foreign markets," Metal Ravne director Darko Mikec told the press on Wednesday, 2 March.

According to Mikec, steel for tools must be able to withstand great loads so it is crucial to test it appropriately. The exchange of information and the possibility to test steel in Slovenia is essential, he stressed.

Certificates of testing results and joint development make it possible to sell this steel abroad where nobody would allow us to test is, Mikec said.

Metal is expected to start selling the new steel in the summer. The company sells 90 percent of the production abroad, in particular to the EU, US and Asia.

Source: Slovene Press Agency STA

Author: STA