The bearing production program for rail vehicles at ZKL GROUP is one of the strategic pillars with increasing significance. The last three years have been very demanding, and we don’t expect 2024 to be any easier.
“The market situation is not simple, especially for industrial companies manufacturing in Europe. We are grappling with the impacts of costly inputs, electricity, gas, and high inflation due to their significant volatility. Even though input prices are decreasing, uncertainty persists. Nowhere else in the world is there such instability in energy prices,” says ZKL’s CEO, Jiří Prášil Jr. Robust development and strategic decisions help us to successfully handling the situation. We’re investing both in Brno, in technologies for producing tapered roller bearings, and in Klášterec nad Ohří, where we’re implementing a project for an automated inspection line for cylindrical roller bearings, followed by a doubling of production capacities. We’re financing initiatives towards energy self-sufficiency, establishing photovoltaic power plants. With this measure, we expect a reduction in electricity consumption by up to 30% in 2024.”