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ZKL invests CZK 184m into cylindrical bearings

The firm ZKL, which manufactures large barrel and special bearings, will invest CZK 184m into the production of cylindrical bearings, primarily for railroad transportation, in the ZKL Klášterec nad Ohří plant. The company has stated that it plans to invest ca. CZK 87m from its own resources. Another part will be financed from a loan and from approved subsidies from the Innovation and Real Estate programme. According to ZKL Klášterec nad Ohří’s production plant’s executive director Oldřich Martínek, the railroad industry is a sector with a high potential in the global scale and ZKL register increased demand for its products.