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HTC Holding rebrands to HTC INVESTMENTS

HTC Holding rebrands to HTC INVESTMENTS

Bratislava, February 13, 2018 – HTC Holding, a.s., an investment group, has transformed its communication position on the ...

Business mission to Mexico

Business mission to Mexico

KINEX BEARINGS has attended a business mission to Mexico during 21. - 24. of November 2017 by sending its representative to the ...

New office opens in India

New office opens in India

KINEX BEARINGS views the Indian market as very important and prospective. Bearings of former Czechoslovakia have historically h ...

Innovative water pump bearing

Innovative water pump bearing

As an important supplier of bearings for the water pumps of combustion engines, KINEX BEARINGS has developed a new bearing. Thi ...

Expansion to east markets

Expansion to east markets

It is observable that the current trend for operators in Europe is to focus on a subcontractor network to produce / repair frei ...

TRAKO 2017

TRAKO 2017

Autumn months are traditionally time for our company to attend various sale-and-brand-supporting fairs. The case was not any di ...

IAA 2017

IAA 2017

In September this year a large fair dedicated to the automotive industry, the IAA cars exhibition, was held for the 67th t ...

Czech Raildays 2017

Czech Raildays 2017

In 2017, the most important exhibition in Central Europe dedicated to railway transportation products and services, called Czec ...

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It is observable that the current trend for operators in Europe is to focus on a subcontractor network to produce / repair freight wagons of countries East of the EU. As a renowned manufacturer of bearings for axles of the freight wagons, KINEX BEARINGS naturally had to respect these trends and adjust its sale and technical politics accordingly.

Multiple projects with significant manufacturers of wheelsets, bogies and its components were successful this year. They were realized in the Russian Federation, Ukraine, China, Turkey as well as Iran. Against the current or forecasted freight transportation needs in Iran, there is a real deficiency of wagons. Since almost 100% of freight wagon fleet is in private hands, the key question is how to finance individual projects. The big players of freight wagon manufacturing such as Russia or China offer their own financing insured by their financial institutions for domestic OEM and operators – allowing them low prices and giving them a competitive advantage. This gives more value to the fact that KINEX, with its Iranian partners, has managed to push through the domestic market and after years restore deliveries to the domestic OEM and operators of railway transportation. It was also thanks to the sales activities of KINEX focused on technical support regarding assembly, maintenance and technical consulting that were always parallel. This contributed to viewing KINEX as an OEM with high quality standard and competitive price.

It is expected that KINEX will defend its position on the rest of the east markets as well – where components and wheelsets for the EU will be manufactured. A successful execution of the first projects confirmed that the trend that has been set is correct and only the skills of KINEX will be able to maintain the competitive position on the mentioned markets in the future.