One of the interesting projects that FERRIT recently implemented is a Turkish Adularya project involving construction of underground lignite mine directly connected to a power plant at Koyunağılı mining area. The entire project was financed by Czech Export Bank, a.s. (ČEB) and insured by the Export Guarantee and Insurance Corporation, a.s. (EGAP). The company Bureau Veritas Czech Republic represents an independent supervisory authority within the project. The total value of the mining portion of the project amounts to 77 mil. EUR and is the largest contract in the company's history.
FERRIT has successfully supplied complete mining equipment, created a very good and long-term relationships with subcontractors and in many cases will cooperate with them on other similar projects in the future.