Press room

The initial share capital stands at 960,000 euros. The Danobat Group has a 24% holding with the rest in the hands of MCC Inversiones and MCC Innovación.

The Danobat Group already has a lot of experience in the railway sector, in which it has been operating for several years, with machining operations carried out by the Danobat and Soraluce co-operatives for train axles (with special machinery and equipment, turning and grinding), train wheels (vertical lathes) and “bogies” (milling machines) for CAF in Spain and other Indian, Chinese and German railway companies.

The aim is take a qualitative leap with the new DANO-RAIL co-operative, with the development and offer of products with greater technological sophistication. To this end, its professional promotion team will be backed by an R&D project worth 4.5 million euros. The aim of the project is to develop high technology equipment for railway maintenance, like for example: machines for reprofiling wheels, dimensional measuring equipment and devices for inspecting surface defects.

On the marketing side, presentations have already been given about the new company to Renfe, Metro-Madrid, Metro-Bilbao, Eusko-Tren, Feve, etc. Specific tenders have already been given to Metro-Sevilla, Tranvía Vélez-Málaga and the Algiers metro. Likewise, a market study is being carried out in France with the aim of finding out what the demand is like there and coming up with tenders in the coming months. This study will soon be extended to other European countries like Italy, Portugal, Germany, Switzerland and the United Kingdom.

As far as the development of the basic variables of DANO-RAIL are concerned, for the period 2006-2009 the forecasts are for orders totalling around 17 million euros and a turnover for the four-year period of 14.2 million euros. More staff will be taken on as the turnover increases, with an estimate of 25 professional workers by the end of the four years.

http://www.danobat.com