Germany: Goldschmidt Thermit Establishes Polish Subsidiary
Joint welding, servicing and rail maintenance systems provider the Goldschmidt Thermit Group has announced the establishment of a subsidiary in Torun, Poland in order to expand their activities in Eastern Europe.
Goldschmidt Thermit Polska Sp. z o.o.’s Managing Director Robert Plötz, will head the new subsidiary. He has worked for Elektro-Thermit GmbH & Co. KG, another subsidiary of the Goldschmidt Thermit Group, since April 2015. Mr. Plötz is expert in the aluminothermic welding process for rails. He will work with Sales Manager Piotr Sniezawski to build up Eastern European operations.
Dr. Hans-Jürgen Mundinger, CEO of the Goldschmidt Thermit Group said:
“The Polish railways have entered into the largest investment programme of its history designed to modernise its railway infrastructure. Our local subsidiary will be able to offer our Polish partners and customers excellent support. This will enable us to better coordinate the continuous welding of rails in the Polish market and ensure safety and comfort for travelers and residents close to railway routes. This will give a further boost to our strong presence in Eastern Europe, our extensive experience and our high quality in the area of continuous welding.”
The Eastern European area is a growth market, following decades of neglect by state-owned infrastructure companies, the railway infrastructure is only now being brought up to par with European standards. As such, the European Union is currently putting forward €5billion in funding as part of a total €15billion improvement programme being undertaken in Poland to improve the railway network and local public transport systems.
Managing Director Robert Plötz said:
“The demand for our welding technology is huge in Poland. Our THERMIT® welding process and our services are tailor-made for the modernisation and expansion of track infrastructure. With our subsidiary in Poland we are perfectly placed to participate in the renewal and expansion of the country’s railway network.”