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Turbine development to cost hundreds of millions of CZK

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Together with Denmark’s NORDMARK and other partners, machining tool manufacturer FERMAT Group is planning to work on the research and development of equipment that should be used to produce wind power plants with an installed output over 10 MW. This information was provided by company owner and founder Jiří Ferenc who added that the company invested 7%‒8% of its turnover in research and development. The FERMAT Group wants to collaborate on the solution of these tasks with Czech universities. According to the company, the investments should total hundreds of millions of korunas.

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