Improving of the production capacity and the export potential of RED STEEL Ltd.

The gradual technological modernization is a base for fulfilling the strategy of RED STEEL Ltd for development of the enterprise. The first two stages have been realized during the period of year 2007 until the year of 2014. The third stage (year 2015-year 2017) foresees purchasing and putting into operation of new contemporary high-tech machines and equipment in the places of the production with the smallest capacity and also improving of the resource effectiveness of the enterprise. In execution of this stage in RED STEEL Ltd a CAM software for five axes processing is already being implemented. In practice the entire realization of this stage is ensured by the planned execution of these project activities: Activity for diversification of the assortment of company products and services by delivery, installation and putting into operation of two-column vertical CNC milling machine. Activity for implementation of new technologies for improving of the resource effectiveness and efficacy in the production process by delivery, installation and putting into operation of two-column vertical CNC milling machine. As a result of the realization of the project: - the production capacity of the enterprise will increase; - the effectiveness of the production process will improve; - the labour productivity will increase; - a new product will be implemented – CNC machine for five size laser cutting; - the production quality will improve; - the export will increase; - the production process will optimize; - the used materials and raw materials will decrease by reducing of waste generation. Generally the realization of the project will lead to an increase of the competitiveness of RED STEEL Ltd at the domestic and international market.

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