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Czech Republic: Revamping Industry Maire Tecnimont Incorporates Czech Company Vinxia

| Editor: Alexander Stark

Maire Tecnimont has formed and incorporated Vinxia Engineering in the Czech Republic in order to reinforce their revamping segment.

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Pierroberto Folgiero, Maire Tecnimont Chief Executive Officer
Pierroberto Folgiero, Maire Tecnimont Chief Executive Officer
(Source: Maire Tecnimont)

Milan/Italy — The company considers its revamping segment as one of the drivers of its current business strategy. To this extent, it. This Prague-based company is controlled by Maire Tecnimont’s subsidiaries Tecnimont and Stamicarbon and by the minority partner Unis (20 % stake). Vinxia will function as partner in order to develop new business opportunities for revamping projects in the fertilizer market in the Russian Federation as well as in Eastern Europe and in the Caspian area.

Czech company Unis with headquarters in Brno is active in EPC contracting and plant services in Oil & Gas processing, with subsidiaries in Russia and former Soviet Union countries. Revamping (or plant upgrading) has become one of the key drivers of the hydrocarbons value chain, especially in the Russian and Eastern Europe fertilizers markets. Stamicarbon was recently granted three engineering contracts related to the revamping of three urea plants.

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