Enjoy the Holidays

Fortaco Team is wishing everyone relaxing and peaceful Easter holidays.
We hope your days will be filled with great spring spirit, and something you dearly value.


Marine Industry

Fortaco strengthens its’ offering in marine industry

Rapp Zastava has long traditions and it represents an established brand in the field of production and maintenance of machines and equipment within the engineering industry. Zastava brand was established as part of a foundry specialized in the military equipment. In 2006 Norwegian Rapp Marine Group become the new owner and later transferred the production facility into the new location in Gruza in 2014.

The republic of Serbia has a favorable location. It is positioned at the intersection of two major European corridors in South-East Europe and connects with Austria, Hungary, Slovenia, Croatia, Bulgaria, and Greece.

Major customers are well known and respected brands in the energy and marine industry. The company has a good asset base and a well invested machine park and testing facility. The region has a long industrial history and good access to skilled and well-educated workforce.

We are excited about the new possibilities, which we can offer to our customer in the future.


Fortaco expands footprint in Serbia

Fortaco Group has acquired Rapp Zastava, a Serbian company providing winches and other solutions to the marine industry. Rapp Zastava employs 150 people. A modern factory, located in Gruza, has been built in 2014 with 10.000 m2 of production space.

By this acquisition Fortaco is expanding geographical presence and offering in the marine business. This provides Fortaco and its’ customers with new capacity within steel fabrication and assembly business, also in the off-highway segment.

We would like to wish the Gruza team warmly welcome to the Fortaco family.

Press release 2.3.2021


Fortaco Seasons Greetings Banner

Fortaco team wants to thank you for the extraordinary year

2020 is the year we will remember as the global crisis for the human beings. The corona virus is here to stay, and the world must be ready to accept the ‘new normal’ until a vaccine will prevent the illness. The Covid-19 disease has caused sever damages for the human beings and the financial turmoil for some, for some not. The way to socialize, live and work has changed.

The off-highway equipment industry has faced impacts, in the spectra of slight to intensive. At Fortaco, we have turned around the way we are operating since mid-March: secured deliveries on-time, optimized individual employee protection, optimized sales to delivery planning with business partners, secured healthy cashflow, stopped travelling, met business partners in virtual and limited face-to-face meetings only when absolutely necessary.

Our philosophy is simple – no panic, we are professional and will manage the crisis. With speedy actions by all Fortaco teams we have secured healthy liquidity and good profitability, despite of decline in sales.

Dear customers, business partners and colleagues, we want to thank you all for the extraordinary year 2020 and for the tight collaboration.

Wishing you a Peaceful Christmas Time with your nearest ones and a Successful Year 2021 – aligned with the ‘new normal’.

Stay safe,
Fortaco Team

---------------------------------------

Instead of traditional Christmas gifts, Fortaco has made a donation to charity:


Narva factory extension

Ever wondered, what does it look like to build a 10 000 m2 factory? Our partner Rand & Tuulberg not only did a great job as our partner in the factory extension project, they also filmed and edited an enjoyable clip for us to watch.

Layer by layer the magic was made - thank you for a good cooperation!

http://https://www.youtube.com/watch?v=kwKoaQk4C_0

 


Alihankinta.fi Subcontracting fair banner Fortaco

Fortaco goes virtual - again

Fortaco is participating Subcontracting Trade Fair. Let's meet up online for networking and pick up the latest insights and industry innovations!

Subcontracting Trade Fair brings together industrial companies, experts and decision-makers. It is packed with new innovations, and you can meet with peers within the industry from Finland’s and Europe’s B2B scene.

This year, we will meet each other in a virtual Subcontracting event on 8–10 December. There will be plenty of live program, pre-recorded videos, and great opportunities for networking with experts and professionals in the manufacturing industry. Participation in the event is free of charge for visitors.

Join the networking event together with us!

Link to the event: https://www.alihankinta.fi/fi/

 

Subcontracting fair


Narva factory extension timelapse

Ever wondered, what does it look like to build a 10 000 m2 factory? Our partner Rand & Tuulberg not only did a great job as our partner in the factory extension project, they also filmed and edited an enjoyable clip for us to watch.

Layer by layer the magic was made - thank you for a good cooperation!

https://www.youtube.com/watch?v=kwKoaQk4C_0


Construction Equipment Forum 2020 goes virtual

The aim for Construction Equipment Forum Nov 30 - Dec 1 is to network the players along the entire value chain within the construction equipment industry, even across national borders, and enable exchange of knowledge and experience. In order to ensure the aim for CEF will be achieved, it has been decided to arrange the conference as virtual, due to recent development in the spread of Corona virus.

The management conference brings together the players in the entire value creation chain within the construction machinery industry. More than 500 manufacturers, suppliers and customers from all sectors will exchange information in virtual during two days, make new contacts, and enrich each other's lives. The event is rounded off by a virtual innovation exhibition with 60 inspiring solutions and products.

Fortaco Group will also participate by a virtual stand. Dr. Rafal Sornek, Senior Vice President, Fortaco Technology, will give an online presentation on “Residual value of a machine - value enhancement through combination of IoT and blockchain technologies”.

Read more about the Speakers & Experts: https://www.constructionforum.eu/speakers

We are inviting you to register and visit the conference by using this link: https://www.constructionforum.de/anmelden

Welcome – and see you in virtual!


Milestone in Narva industrial development – new factory launched

“This was a project, which was really big – maybe it turns out to be the biggest project in my life”.

A factory extension project was kicked-off in 2015, when we first time started to foresee an overload of new project implementations, and lack of space, as well as capacity constraints. Many actions were connected to operational excellence allowing us to accommodate additional work into the company up to +100%. 30 revisions of a business plan were executed before the final approval.

Mid 2017, when we celebrated a 70 year anniversary of Fortaco Estonia, we officially announced the start of the extension project. This will be an investment of 10.000 m2 in factory floor as well as investments in several welding robots, CNC machines and bending capacity, in total 10 MEUR. The extension project was supported by the Estonian government with the amount of approx. 1 MEUR.

Before autumn 2017 old buildings were demolished, and we started technical design for a new production hall. After extensive technical and commercial preparations a construction work was started by a contractor, Rand and Tuulberg, during summer 2019. We assigned Andrey Ponomarev from Fortaco Estonia as Project Manager. Andrey was doing excellent job in cooperation with all stakeholders. Thanks to all dedicated work done by the project team, partners, Fortaco Estonia Leadership Team, we managed to finish construction work successfully in August 2020 – according to time schedule.

”This was the biggest project I have participated from a concept and design stage, and I think this was like a fresh wave for us in our daily routine jobs. There were some challenges during the project, but all of them have been analyzed and worked through for a next similar project. The most memorable moments are in the beginning and at the end of construction; I was participating in project documentation and development for two years before the real construction work was started, and it was nice to see the factory layout starting to be realized with equipment installation” – Andrey Ponomarev.

In 2020 Fortaco Estonia was awarded by the Estonian government as the best company for its’ contribution to the regional development of Narva, Ida-Virumaa county. In 2019 Fortaco Estonia was awarded as the best company of Narva city for the result.

I would like to thank all who contributed to this successful project. I am happy that Fortaco Estonia will now have wider possibilities to boost new business implementation and support customers’ supply chain strategies. I am also very glad that our employees will get working conditions with advanced technologies to develop their skills.

I am sure, this will be a great continuation on our road to success.

Larissa Shabunova
Managing Director
Fortaco Estonia


Fortaco Hyster-Yale Cabin Showcase

The Next Generation Operator Cabin

Fortaco is the co-designer and manufacturer of the next generation Hyster® operator cabin, which is designed to meet the highest standards and lift them up within the industry.