AJZ Engineering GmbH, a joint venture of the Analytik Jena and Carl Zeiss Jena GmbH, is to modernize major parts of the internationally renowned “Blochin” Oncology Research Center of the Russian Acade…
AJZ Engineering GmbH, a joint venture of the Analytik Jena and Carl Zeiss Jena GmbH, is to modernize major parts of the internationally renowned “Blochin” Oncology Research Center of the Russian Academy of Medical Sciences in Moscow, equipping it with new medical and laboratory technology. The project will consist primarily in reequipping the surgery center including its 22 operation rooms, the bone marrow transplant center and the central sterilization facility as well as retrofitting and modernizing parts of the center“s radiation therapy and laboratory diagnostic units.The order amounts to over EUR 60 million. AJZ Engineering won the bid for the contract in 2001, beating out the international competition. The Russian government tendered the final documents required for the project very recently, guaranteeing its financing through the Hermes Kreditversicherung credit insurance company. The project will begin in the current fiscal year, and will take over two years to be completed. As the project“s general supplier, AJZ Engineering will include a number of companies from eastern Germany, mostly from the state of Thuringia, into the planning and execution phases of the project. The modernization scheme for the radiation therapy and imaging diagnostics was developed by AJZ Engineering in close cooperation with the Medical Solutions division of Siemens AG. Including this project, AJZ Engineering now has an order backlog of more than EUR 100 million euros, which will translate into revenue over the next few fiscal years. The group plans for EUR 60 million in sales this current fiscal year (from 1 October 2001 to 30 September 2002), which would mean an increase of more than 40% over the previous year.AJZ Engineering will contribute more than 50% of the group“s planned total sales this fiscal year, providing the group with a stable and reliable source for sales growth.