Renova

Renova AB awarded a contract to S:t Eriks AB for the supply and installation of Betongblock (concrete blocks) for SEK 8,000,000. The contract was published on July 7, 2018.

Stentex, a joint venture between Renova Group and Medtronic, is investing about 9 billion rubles in a production complex for coronary stents and catheters in Russia. At peak capacity in 2022, it plans to produce 250,000 stents per year and create about 700 jobs.

Sulzer signed an agreement on Nov. 30, 2016 to acquire control of Rotec's gas turbine maintenance business (Rotec GT), headquartered in Moscow, with a refurbishment center in Ekaterinburg. The combined entity will have revenues of about $40 million.