Increasing the production capacity of RED STEEL LTD

The current project is a consecutive step in the execution of Red Steel’s long-term strategy for company development and increasing its competitiveness in national and world markets, driven by production capacity increases and absorbing new products, optimizing the production processes and increasing the productivity of labor. During the three stages completed in 2007-2018 the company completed technological modernisation of targeted parts of the production process by means of purchasing and putting into operation of modern high-tech machines and equipment. Within the current stage (2019-2021) the main emphasis is on improving the efficiency of the production process at a key point in the production of thermal cutting machines (the flagship product of the company) - production of stock for the different elements of the machines. This will be realised namely through the present project, the activity of which encompasses the delivery, installation and usage of a modern high-tech machine - Automatic CNC laser cutting machine. The functional and technical characteristics of the machine will ensure short processing time (high cutting speed), high quality (precision and accuracy of processing), minimisation of technological scrapping, reduction of labor costs, etc. This will reduce the production time, while maintaining high quality, of the flagship products of the company - thermal cutting machines, and consequently - will increase the production capacity. As a result of the implementation of the project, the following will be achieved: - increasing the production capacity of the company; - increasing the volume of production; - increasing the volume of exports; - achieving higher productivity; - optimisation of the production process; - reduction of production costs; - improving the quality of the manufactured products.

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