Aviation

WALTER ENGINES a.s. has successfully finished the three-year process of implementation and certification of Integrated Management Systems of Quality, Environment, and Occupation health & safety according to the requirements of the most demanding international standards.

For deliveries after January 1, 2008, the prices according to the 2008 price list are applicable.

General Electric Company (GE) has signed a definitive agreement to purchase the assets of Walter Engines a.s. based in Prague, the Czech Republic. The transaction, terms of which were not disclosed, will be completed upon receipt of various regulatory approvals and customary closing conditions.

FF Invest a.s. („FFI“), the 100% shareholder of Walter Engines a.s. („Walter Engines“) purchased company Prague Casting Services a.s. („PCS“). PCS is producing investment castings for aircraft and ground turbine engines and nuclear industry. PCS employs 75 people in Prague – Jinonice and last year reached sales 95 mil. CZK and after tax profit 7,2 mil. CZK.

We have created for you a new Web presentation of our company. The site shows all the information you were used to up to know, with Client Zone providing updated Bulletin service. Extended was also section on WALTER ENGINES a.s. Quality Assurance with possibility of downloading of certificates.