VÍTKOVICE STEEL is a leading European manufacturer of rolled steel products and the largest manufacturer of steel plates in the Czech Republic. The main production program includes heavy plates and shaped cutouts, which are produced in the sheet metal rolling mill, and sheet piles, which are produced in the heavy beam rolling mill.
The company is the only manufacturer of sheet piles in the Czech Republic and one of only two manufacturers in the European Union. The production of heavy plates enjoys a strong market share in the key domestic market. Products undergo quality control in our own accredited testing laboratories that have the most advanced testing equipment.
The coronavirus pandemic and measures against it affect a lot of sectors, including industry. Moreover, steelmaking has to deal with other problems, namely unfair import of steel from China and other third countries where steel is made without following the environmental and social rules. Nevertheless, the company VÍTKOVICE STEEL decided to again support non‑profit organizations and individuals in the Moravian-Silesian Region through the Endowment Fund.
Steelmakers throughout Europe reluct against uneven market conditions. Hundreds of people demonstrated in Ostrava for safeguarding of steel production. The trade unionists were not alone this time. The same goals are pursued by company managers and some politicians including the regional governor joined them. The event was co-organized by Vítkovice Steel.
Steel companies have taken the Chinese coronavirus pandemic seriously from the beginning, behaving as responsibly as possible because they cannot afford to lose employees in non-stop operations, the closure of which could cost billions of crowns. The measures taken often go beyond legal obligations. Companies provide effective protective equipment, minimize human contact, and they detect infections in a timely manner by frequent testing, where most of the infections come from homes. In the three largest member companies alone, these measures have so far cost dozens of millions crowns, with the state not contributing in any way. The share of active cases in our companies is approximately 50% lower than the available and clearly underestimated figures for the general population. This clearly disproves the myth that industrial companies are the breeding ground for the infection.
After a difficult year 2018, VÍTKOVICE STEEL company managed to stabilize its economy last year and get back to neutral operational performance. In 2019, the company made a loss of CZK 480 million, which is, however, significantly lower – by CZK 1.2 billion – than in the previous year.