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Fortaco Group expands its operations in Narva, Estonia

Fortaco Group, the leading strategic partner to the heavy off-highway equipment and marine industries in Europe, providing zero emission solutions and technology, assemblies, vehicle cabins, and steel fabrications expands its operations at Business Site Narva in Estonia. Fortaco Estonia OÜ and Systemair AS the owner of the real estate housing Well Technology OÜ have signed…

Fortaco invests in Steel Fabrication capacity in Gliwice region, Poland

Fortaco Group, the leading strategic partner in Europe to the heavy off-highway equipment industry, providing zero emission solutions and technology, assemblies, vehicle cabins and steel fabrications has started a significant capacity extension project in the Gliwice region in Poland. The greenfield investment consists of a covered production area of 34.000 m2 and new equipment. Construction…

Fortaco’s preliminary financials for 2022 and outlook for 2023

Fortaco Group Holdco Plc1 (“Fortaco”), the leading strategic partner to the heavy off-highway equipment and marine industries, announces preliminary financials for the fiscal year ended 31 December 2022 along with an outlook for 2023, including selected financial and operating results. In 2022, Fortaco recorded net sales of EUR 332.4 million, recurring EBITDA of EUR 24.7 million…

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Fortaco expands footprint and geographical presence with the acquisition of Rapp Zastava in Serbia

Fortaco Group, the leading brand independent strategic partner to the heavy off-highway equipment and marine industries, 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…

Fortaco invests in increased steel fabrication capacity at Fortaco Estonia OU

Fortaco Group, the largest manufacturer of steel fabrications in Europe, has started a capacity extension project of over 10 million EUR in Narva, Ida-Virumaa. The investment will consist of a 10.000 m2 factory extension and new equipment. The construction work begun in July 2019 and it is scheduled to be finalised within one year. The…