News - 2011

We at Riko have signed the first contract for supplying technological equipment to the Ukrainian company Hydrosila seated in Kirovohrad, considered the largest manufacturer of hydraulic units and components in the countries of the former Soviet Union.

In the Jožef hotel in Idrija, Riko d.o.o. Chief Executive Janez Škrabec, Head of the Kolektor Group Stojan Petrič and Commercial Manager of Kolektor ETRA Peter Novak today signed a contract on cooperation in the turnkey construction of transformer stations in Minsk, Belarus, under the direction of Riko as the general contractor. By the end of 2012, Kolektor ETRA will manufacture and deliver five energy transformers with a power of 40 MVA and a voltage of 110/20 kV.

In the in , one of the most modern sewage treatment plants in the is being built by the company Hidroinženiring in cooperation with Riko. Construction works began at the end of last year, and will be finished in 2012.

Every year, the Kapital financial fair not only offers an excellent program with business opportunities but also awards those who have achieved something extraordinary. The selection is entrusted to 40 business editors working for the Slovene media: they choose the best financer, the best company and the best CEO. This year, the choice for the best financier fell on Dr. France Arhar, Chairman of the Management Board of UniCredit; Gorenje was chosen as the best company; and Riko CEO Janez Škrabec was acknowledged to be the best CEO. The award winners were proclaimed by Srečko Pirtovšek, editor-in-chief of the Kapital magazine, who gave them the award: a symbolic glass euro.

At Riko, we have established ourselves as a strategic partner of Russia's giants in the field of the automobile industry. A company that has enrolled itself to become one of our most important partners is the company Avtodizel from Jaroslav which is a company with the largest tradition in the Russian Federation for designing and manufacturing multi-purpose diesel engines and complete power accumulators for different types of trucks, buses and other vehicles.

On the day the Russian president Vladimir Putin visited Slovenia, the Slovene-Russian Business Council was founded at the Slovene Chamber of Commerce. Janez Škrabec, CEO of the company RIKO and an expert in the economic and socio-political situation in the Russian Federation, was unanimously elected as president of this union of Slovene companies and their associations, whose activities encompass not only business matters but also scientific, cultural and similar issues on the territory of the Russian Federation.

Yesterday, the Riko company signed a contract worth €54 million in Minsk for the construction of two transformer substations with switchyards and interconnected cable lines for voltage levels of 110KV/10KV. The investor for the project is the MINSKENERGO RB company that supplies and distributes electrical and heat energy to the area of the city of MINSK and its surroundings. MINSKENERGO RB generates 40% of all electrical energy in Belarus.

Owing to our quality and competitiveness, the Riko company has in the last ten years established itself as a systems provider for renowned carmakers in the territory of the former Soviet Union. Activities in the areas of marketing and project implementation with partners from Belarus are successfully forging ahead in 2011 as well.