The state-owned mining company OKD based in Ostrava, Czech Rep., establishes an expert group on mining equipment design and automation.
The expert group on mining equipment design and automation consists of more than 100 engineers.
A mining engineering division of OKD is created out of the expert group.
FITE a.s. is founded as the new owner of the mining engineering division.
FITE a.s. employs 65 highly-skilled engineers and workers.