Signed a contract for the flat rolling mill in Russia
In October 2012, AUTEL company (a member of VAE CONTROLS Group) and KERATECH company (a member of Alta) signed a framework contract for the modernization and technological superior control system, instrumentation for heavy rolling mill flat Kvarto 2800 at the metallurgical plant in Russia. There was also signed the first part of this framework contract. The following sub-contracts to the total amount of the framework contract will be signed by the end of 2012. The most important part of the overall contract for the company AUTEL is part of the Manufacturing Execution System (MES). The largest part of the work will be carried out in 2013, completion and handover of the project is planned for 2014.
