HANZA Expands in Central Europe

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HANZA Holding AB is expanding its manufacturing cluster in Central Europe. In particular, HANZA's operations in the Czech Republic is expanded with 1,500 sqm and an agreement of strategic cooperation has been signed with Rayservice, a premium Czech manufacturer. This also means a further commitment from HANZA to high-demanding customers in the aerospace & defense industry.

"This expansion is the next important step for HANZA," says Erik Stenfors, CEO of HANZA. "Our manufacturing cluster 'Center of Europe' is growing rapidly, as it is close to the major end markets of Europe. In addition, it is an important landing site for our manufacturing solutions. Therefore, we are conducting a strategic move that includes a business partnership with a leading industry colleague; Rayservice."

Rayservice is a well-reputed specialist manufacturer with about 200 employees, located near to the HANZA's cluster Center of Europe. Rayservice is known for being a premium supplier to customers with high quality standards, such as Boeing and the Czech Army.

"We strongly believe in the cluster concept," says Petr Gabriel, Chairman and founder of Rayservice. "By bringing together expertise, we increase the value of our offering and thus our competitiveness."

Moreover, the strategic cooperation is a step further towards the rapidly growing aerospace & defense sector (aeronautics, space, defense and security).

"Manufacturing of advanced products provide a continuous development of HANZA - for the benefit of both existing and new customers," says Stenfors.

To accommodate additional operations from major customers, HANZA has also launched an expansion of the existing factory in Kunovice, Czech Republic. In a first step, the current premises of 5,000 sqm will be expanded with a further 1,500 sqm. The new part of the plant is estimated to be ready shortly after the summer, when more machinery and equipment will be installed.



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