CERATIZIT is expanding to Eastern Europe

New sales subsidiaries in Hungary, Poland and the Czech Republic

In the course of the business year 2005/06, the Division CERATIZIT (Hardmetals & Tools), 50 percent of which are owned by the PLANSEE Group, has extended its presence in Eastern Europe. With a total of three new sales subsidiaries in Hungary, Poland and the Czech Republic, CERATIZIT is going to position itself on these growth markets through its WNT division.

The sales organization WNT, one of the CERATIZIT Group’s five business units, is present in Europe with seven of its own subsidiaries, and has specialized in supplying precision tools to small and medium-sized metal-cutting companies.

About the Plansee Group
With its three business divisions PLANSEE High Performance Materials, CERATIZIT and SINTERSTAHL, PLANSEE is one of the world’s leading manufacturers of powder-metallurgical products. Ignoring differing shares of ownership, global turnover in 2004/05 amounted to 900 million Euros, with 6,800 people employed in the total grouping.