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Italian producer of industrial equipment Walter Tosto (WT) will invest EUR 30 million in the FECNE nuclear components plant it acquired earlier this year for EUR 7 million and has already opened the order book with a delivery of reactors for the Chinese market
WT has started to revamp equipment and install a new roof at its FECNE plant
The company will invest EUR 11 million in new installations and equipment and EUR 5 million in energy efficiency
Another EUR 5 million will go on servicing the current equipment
while EUR 6 million will be put into training employees and EUR 3 million into R&D investments
“Despite the fact that it was designed 40 years ago, FECNE is a modern plant, a structure with potential, among the best in Europe in the production of equipment in the nuclear sector, with a strategic geographical position for Europe,” said Luca Tosto, managing director of WT.
The company is considering two financing scenarios for these investments
“The right road link between Berceni and Oltenita for heavy freight transportation is a vital element for the future development of FECNE,” said Tosto
The Romanian plant has already signed its first contract and will manufacture eight reactors of 260 tons each for the Chinese market. In addition, around 1,200 components of a fusion reactor will be manufactured locally.
WT is part of a consortium that in 2010 signed a contract to supply the vacuum vessel of the ITER
a scientific experiment that aims to prove the viability of fusion as an energy source
Tosto said that Romanian engineers will be trained for the ITER project in 2012 and 2013
The company will develop a three-tier training program in Romania which targets vocational schools
The Italian manufacturer has 485 employees and estimates a turnover of EUR 90 million this year. The company has orders worth EUR 232 million through to 2016. Some of its largest clients are Petrobras, Chevron, ExxonMobil and ConocoPhillips.
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the former Fecne plant on the IMGB platform
recently delivered to Azerbaijan 6 gas storage tanks (underground tanks)
a length of 56 meters and a capacity of 1,650 m3
The tanks are among the largest equipment ever manufactured by the Romanian industry
The length of these storage units is half a football field
“The equipment manufactured at Walter Tosto WTB is not the heaviest or most complex ever made in Romania
It is a remarkable achievement of this factory
In the same hall where these were produced
much more complex equipment was created for the Cernavoda Power Plant
because the equipment has been refurbished and brought to its initial parameters
Both the equipment needed for the retrofitting of Unit 1 of the Cernavoda Plant
as well as the equipment for Units 3 and 4 of the factory
This was the purpose of the factory from the beginning: making equipment for nuclear power plants,” says Emanuel Babici
former deputy minister and state secretary of the Industry Ministry
currently the vice-president of the Uzinsider group of companies
The construction of the equipment took 9 months, and was completed entirely at the Walter Tosto WTB factory. From here, the giants left went to Oltenita, from where they were transported directly to the client.
For an order that involves the construction of several similar pieces of equipment
separate projects must be developed for each of them
companies claim that taxes applied to large-scale transport at the local level are several times higher than in other EU countries
Furthermore, there is a danger that the transport infrastructure that is currently under construction will not facilitate the exit routes to the Danube of factories that produce very large parts. If an oversized transport route to the Danube is not assured, then the great competitive advantage of factories in Bucharest, namely the distance of only 50 kilometers from the Danube, could be nullified.
“Constant dicusssions are maintained with CNAIR representatives regarding the modernization project of the Bucharest Ring Road
as well as the construction of the Ring Road Motorway
unless an access corridor for for oversized transport to Oltenita is not built,” say representatives of Walter Tosto WTB
Tradition continues, but investments make the difference
Walter Tosto WTB can also boast other pressure equipment it has built and delivered
a proof that Romanian industry can still perform
this was only possible after considerable investments from the owner of Walter Tosto SpA
the factory has unique machines in Romania and even in SE Europe
Walter Tosto WTB is due to increase its production capacity
with a new factory under construction in Oltenita
which will have a surface area of 72,000 square meters and will be ready in the spring of next year
The advantage of these units is their proximity to the Danube
making transport of parts to customers much easier
Romanian Association for Pressure Equipment & collaboration with other industries
Walter Tosto WTB initiated and founded ARPE – the Romanian Association for Pressure Equipment – whose members include a majority of local manufacturers of pressure equipment as well as companies that operate horizontally
the association has established collaboration protocols with other associations such as: ROMATOM – for the nuclear industry
ARPE representatives actively participate in events that discuss topics related to the energy industry
within events organized by Chambers of Commerce or establish discussions with representatives of state-owned companies and ministries
to highlight problems that members encounter or to address the smooth development of the relationships that involve the interaction between the members and these entities
A project that could provide a lot of work for the remaining Romanian heavy industry is the rehabilitation of Unit 1 of Cernavoda
because there is enough capacity and knowledge to build part of the necessary parts internally
the estimated cost of the works being EUR 1.5 billion
the factories are waiting to see whether something else will be implemented with Units 3 and 4
but almost nothing has been done in this regard
It would be over EUR 7 billion worth of investment
of which the contribution of the local industry in the supply of equipment can reach 30 percent or even more
“The products manufactured within the Walter Tosto WTB are found on all continents
attracting the attention of the largest beneficiaries in the Energy and Nuclear industries
other profile companies which are part of ARPE may be involved in the future
Even if they’re not all at the same technological level and do not have the same production capacity
they have chosen to actively participate in specific events in their industry or other industrial branches
connecting and presenting their products and the services they provide
The involvement of Walter Tosto WTB in nuclear projects will also draw attention to the importance of the existence of the ARPE association
whose members we support in obtaining authorizations from CNCAN and CNCIR,” said Lucian Rusu
president of ARPE and vice president of ROMATOM
Walter Tosto WTB is the only local company that can manufacture large equipment for the Romanian Chemical
It has an annual turnover of over EUR 20 million
over 250 employees and works almost exclusively on export
Fecne has been the main factory for the supply of reactors
heat exchangers and heavy welded structures for nuclear power plants in Romania
Fecne entered a judicial reorganization process
attracted by its unique production capabilities in terms of weight and dimensions of equipment that can be made
new equipment and modern facilities for employees
Walter Tosto has 70 years of experience in manufacturing equipment for the processing industry
and is today one of the world’s largest manufacturers of high pressure equipment and containers.In addition to the factory in Bucharest
Walter Tosto Group owns factories in Italy in Chieti
which is directly connected to the main international ports and routes