Modern history of EUTIT company is based on privatisation of formerly state enterprise. The company was privatised in 1995 by direct sell method to group of partners, which was created mainly by long-term employees of the enterprise.
In this period the sewerage program has been resuscitated. The company linked to successes from fifties and again it started with production of gutters and other casts from melted basalt for this application field. This completed today form of production program with three main pillars – piping, tiles and products for sewerages.
In 2000 the company invested into purchase of line for grinding of SKID PAN special tiles. This step was forced by increasing demands of main users of the tiles, i.e. leading automobile manufacturers, which use them in construction of special polygons for testing of running characteristics of the vehicles and tyres.
In cooperation with specialist company, special binders for gluing of basalt products were developed. This product range is named EUFIX and it was developed with regard to specific characteristics of basalt products. The adhesives are used mainly for gluing of tiles and sewerage elements.
Presently the company persistently achieves annual sales exceeding 200 mil. CZK, it has approx. 200 employees and exports its products worldwide. EUTITcontinuously tries to penetrate even into non-traditional areas, it is open to needs of customers and thus it continuously develops still new products either for their application in industry, or in architecture.
In 2008 EUTIT took over 100% and founded its subsidiary company SLÉVÁRNA PLZEŇ s.r.o.
The shareholders decided to take up the tradition of gray and ductile iron manufacturing and extended the range of other types of material, namely wear-resistent ones.