Tognum supplies engines worth roughly €60m to Korean Coastguard
Contract extends to 44 large-scale MTU engines / Fleet modernization means more orders are likely by 2010
The engines concerned are 22 Series 4000 units offering 2,750 kW (3,740 bhp) of power output and 22 Series 1163 engines with power ratings up to 7,400 kW (10,060 bhp). The contract is worth roughly €60 million. Due to the Korean Coastguard’s plans for further fleet modernization by 2010, more substantial orders may be placed with Tognum.
Tognum CEO, Volker Heuer, sees the Asian strategy of the group confirmed by the increasing number of contracts from the Asian market. "We have focused on Asia as a major growth market. The far-eastern countries show an increasing interest in our innovative, high-speed, high-performance diesel engines which meet the most modern specifications. This applies in particular for marine, mining and oil & gas applications. Our outstanding market position is evident among other things from the fact that – as in this case – we are pushing out the medium-fast engines of our competitors."
Rolls-Royce Power Systems AG
Tognum is one of the world’s leading suppliers of high speed diesel engines and complete propulsion systems for ships, heavy land and rail vehicles and of industrial drive systems as well as decentralized power plants, set-up in the two divisions mtu Engines and Tognum Onsite Energy Systems and Components.
Its product portfolio includes diesel engines in the power range from 20 to 9,100 kW, gas engine systems, gas turbines and fuel cells and is one of the most modern and comprehensive in its sector. In addition, the group develops and manufactures custom-made electronic control and monitoring systems for its engines and propulsion systems.
Sales of the Tognum Group amounted to EUR 2.5 billion in 2006 with approximately 7,500 employees worldwide. It maintains a global sales and distribution network including 16 subsidiaries, more than 130 distribution partners and 1,100 authorized dealers.