EPS builds five new Excavators

Signed agreement between EPS JSC and FLSmidth for technology license

The joint-stock company Elektroprivreda Srbije signed a contract with the Danish company FLSmidth on the purchase of a technology license for five Bucket Wheel Excavators "SchRs 740" with a capacity of 4,800 cubic meters per hour.

- From the Danish company FLSmidth, which is the successor of the company Thyssen Krupp, we will take over the technical documentation and the license right for the production of Bucket Wheel Excavators, which will enable Kolubara Metal to make two excavators for Field E and later on three more for the branch TPP-OCMs Kostolac - said Miroslav Tomašević, Acting General Manager of EPS JSC. - This contract is crucial for EPS because we are facing a decreasing interest of excavator manufacturers to participate in tenders. Now that we have the licenses, we will be able to build the excavators that we need in the coal production process. We will use our own resources, knowledge, experience and technique with all prescribed technical standards to produce mining equipment that ensures stable production of coal and power generation.

The license from the contract with FLSmidth, worth three million euros, includes specified patents and projects, including technical drawings and complete documentation required for the production and assembly of the excavators. Kolubara Metal, which will manufacture excavators under a Danish license, already has the license right to produce bandwagon conveyors with a capacity of 4,800 cubic meters per hour. The start of the construction of the first excavator under this license is expected in three months.