4/22/2010

Polish privatization: Fabryka Łączników Radom S.A.

The Ministry of Treasury in Poland invites to participate in the negotiations to purchase the shares of Fabryka Łączników Radom S.A.The principal object of Company’s activity is cast iron founding, manufacture of cast iron tubes, manufacture of other metal products, metal processing and coating. It encompasses more than 200 assortments of fittings, heater couplings and castings made of blackhearth malleable cast iron in grade W400-5, sized from 3/8 - 4 inches, manufactured according to PN-EN 10142, ISO 49, DIN 2950 with the use of clay-bonded sands, and thermosetting core compounds and phenol-formaldehyde resin-bonded sand cores.

Fittings Factory Radom S.A. is the largest producer of cast iron fittings in the domestic market. It’s market share is estimated at the level of 4-5 thousand tonnes, which constitutes approx. 40% of the overall demand for fittings.

The deadline for submitting written Responses by the Potential Investors who have received the Memorandum shall expire 30.04.2010 at 14.00 Warsaw time.

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