{"id":4930,"date":"2005-11-08T15:54:00","date_gmt":"2005-11-08T14:54:00","guid":{"rendered":"https:\/\/www.pentainvestments.com\/penta-has-found-a-strategic-partner-for-vsz-foundry\/"},"modified":"2005-11-08T15:54:00","modified_gmt":"2005-11-08T14:54:00","slug":"penta-has-found-a-strategic-partner-for-vsz-foundry","status":"publish","type":"post","link":"https:\/\/www.pentainvestments.com\/en\/penta-has-found-a-strategic-partner-for-vsz-foundry\/","title":{"rendered":"Penta Has Found a Strategic Partner for VS\u017d Foundry"},"content":{"rendered":"","protected":false},"excerpt":{"rendered":"
\n

After more than one and a half year lasting search for a suitable strategic partner for VS\u017d Foundry, focusing on the production of castings of grey cast iron, ductile cast iron, and cast steel (former VS\u017d In\u017einiering), the private equity group Penta has found a foreign strategic investor interested in development of the production of cast iron in the said company. SILBITZ GUSS GmbH is a new owner; which is a significant producer of foundry products in Germany belonging to the entrepreneur group DIHAG associating more than a dozen of production companies in Europe. <\/strong>VS\u017d Foundry has over 350 employees. The strategic partner finally joined the Ko\u0161ice company VS\u017d Foundry in the third quarter of 2005.<\/p>\n

“Penta continues restructuring of companies belonging to Slovensk\u00fd investi\u010dn\u00fd holding (former VS\u017d Ko\u0161ice) and fulfills its strategy of cleansing of the production companies and their sale to strategic investors,\u201d stated the Director General of SIH, Anton Bittner, and added: \u201cVS\u017d Foundry is an important producer of castings of grey and ductile cast iron, and our objective has been to preserve not only production of but also jobs with the company.\u201d<\/p>\n

Assumption of VS\u017d Foundry by Silbitz Guss, GmbH results from the main target of a new management, which represents efforts to make VS\u017d Foundry a leader in the production of high-quality castings of ductile cast iron in the Eastern Europe.<\/p>\n

VS\u017d Foundry was one of subsidiaries of Slovensk\u00fd investi\u010dn\u00fd holding, a.s., a decisive shareholder of which is the Central European private equity group Penta.<\/p>\n<\/div>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[20],"tags":[67],"class_list":["post-4930","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-press-releases"],"acf":[],"yoast_head":"\nPenta Has Found a Strategic Partner for VS\u017d Foundry — Penta Investments<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.pentainvestments.com\/en\/penta-has-found-a-strategic-partner-for-vsz-foundry\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Penta Has Found a Strategic Partner for VS\u017d Foundry — Penta Investments\" \/>\n<meta property=\"og:description\" content=\"After more than one and a half year lasting search for a suitable strategic partner for VS\u017d Foundry, focusing on the production of castings of grey cast iron, ductile cast iron, and cast steel (former VS\u017d In\u017einiering), the private equity group Penta has found a foreign strategic investor interested in development of the production of cast iron in the said company. SILBITZ GUSS GmbH is a new owner; which is a significant producer of foundry products in Germany belonging to the entrepreneur group DIHAG associating more than a dozen of production companies in Europe. VS\u017d Foundry has over 350 employees. The strategic partner finally joined the Ko\u0161ice company VS\u017d Foundry in the third quarter of 2005. "Penta continues restructuring of companies belonging to Slovensk\u00fd investi\u010dn\u00fd holding (former VS\u017d Ko\u0161ice) and fulfills its strategy of cleansing of the production companies and their sale to strategic investors,\u201d stated the Director General of SIH, Anton Bittner, and added: \u201cVS\u017d Foundry is an important producer of castings of grey and ductile cast iron, and our objective has been to preserve not only production of but also jobs with the company.\u201d Assumption of VS\u017d Foundry by Silbitz Guss, GmbH results from the main target of a new management, which represents efforts to make VS\u017d Foundry a leader in the production of high-quality castings of ductile cast iron in the Eastern Europe. VS\u017d Foundry was one of subsidiaries of Slovensk\u00fd investi\u010dn\u00fd holding, a.s., a decisive shareholder of which is the Central European private equity group Penta.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.pentainvestments.com\/en\/penta-has-found-a-strategic-partner-for-vsz-foundry\/\" \/>\n<meta property=\"og:site_name\" content=\"Penta Investments\" \/>\n<meta property=\"article:published_time\" content=\"2005-11-08T14:54:00+00:00\" \/>\n<meta name=\"author\" content=\"Peter Blasbalg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Peter Blasbalg\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.pentainvestments.com\\\/en\\\/penta-has-found-a-strategic-partner-for-vsz-foundry\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.pentainvestments.com\\\/en\\\/penta-has-found-a-strategic-partner-for-vsz-foundry\\\/\"},\"author\":{\"name\":\"Peter Blasbalg\",\"@id\":\"https:\\\/\\\/www.pentainvestments.com\\\/en\\\/#\\\/schema\\\/person\\\/2b5af56613b6f0b2968a1eb1570816e7\"},\"headline\":\"Penta Has Found a Strategic Partner for VS\u017d Foundry\",\"datePublished\":\"2005-11-08T14:54:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.pentainvestments.com\\\/en\\\/penta-has-found-a-strategic-partner-for-vsz-foundry\\\/\"},\"wordCount\":9,\"commentCount\":0,\"keywords\":[\"Press releases\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.pentainvestments.com\\\/en\\\/penta-has-found-a-strategic-partner-for-vsz-foundry\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.pentainvestments.com\\\/en\\\/penta-has-found-a-strategic-partner-for-vsz-foundry\\\/\",\"url\":\"https:\\\/\\\/www.pentainvestments.com\\\/en\\\/penta-has-found-a-strategic-partner-for-vsz-foundry\\\/\",\"name\":\"Penta Has Found a Strategic Partner for VS\u017d Foundry — Penta Investments\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.pentainvestments.com\\\/en\\\/#website\"},\"datePublished\":\"2005-11-08T14:54:00+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.pentainvestments.com\\\/en\\\/#\\\/schema\\\/person\\\/2b5af56613b6f0b2968a1eb1570816e7\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.pentainvestments.com\\\/en\\\/penta-has-found-a-strategic-partner-for-vsz-foundry\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.pentainvestments.com\\\/en\\\/penta-has-found-a-strategic-partner-for-vsz-foundry\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.pentainvestments.com\\\/en\\\/penta-has-found-a-strategic-partner-for-vsz-foundry\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\",\"item\":\"https:\\\/\\\/www.pentainvestments.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Penta Has Found a Strategic Partner for VS\u017d Foundry\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.pentainvestments.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.pentainvestments.com\\\/en\\\/\",\"name\":\"Penta Investments\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.pentainvestments.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.pentainvestments.com\\\/en\\\/#\\\/schema\\\/person\\\/2b5af56613b6f0b2968a1eb1570816e7\",\"name\":\"Peter Blasbalg\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Penta Has Found a Strategic Partner for VS\u017d Foundry — Penta Investments","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.pentainvestments.com\/en\/penta-has-found-a-strategic-partner-for-vsz-foundry\/","og_locale":"en_US","og_type":"article","og_title":"Penta Has Found a Strategic Partner for VS\u017d Foundry — Penta Investments","og_description":"After more than one and a half year lasting search for a suitable strategic partner for VS\u017d Foundry, focusing on the production of castings of grey cast iron, ductile cast iron, and cast steel (former VS\u017d In\u017einiering), the private equity group Penta has found a foreign strategic investor interested in development of the production of cast iron in the said company. 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