PSI Energy Business Receives Order from the Austrian Power Grid AG

Network regulator on the basis of the PSIcontrol energy control system

Berlin, 3 June 2015 – The Austrian Power Grid AG (APG), the Austrian transmission grid operator headquartered in Vienna, has entrusted PSI AG with rebuilding a computer system for the secondary and tertiary control of the Austrian transmission grid.

APG is Austria’s control area manager and therefore responsible for the stable functioning of the electrical energy system. Amongst the cooperations arranged to date are a grid regulator cooperation with the ELES (Slovenia) control area as well as a cross-control-area procurement of primary power control. An inclusion in the International Grid Control Cooperation (IGCC – transmission grid operators from Germany, Denmark, Netherlands, Switzerland, Czech Republic and Belgium) has also already been implemented. Beyond that, in the future a cross-control-area activation of secondary power control and tertiary power control with Germany will be implemented.

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PSI Polska receives order from PERN "Przyjazn" SA

Planning and metering of pumping and storage processes of crude oil products with PSIcarlos

Berlin, Poznan, 20 May 2015 – PSI Polska Sp. z o.o. has been contracted by the Przedsiębiorstwo Eksploatacji Rurociągów Naftowych "Przyjaźń" SA with the implementation of the PSIcarlos system. The system will support the planning and metering of pipeline transports and storage processes of crude oil as well as petroleum products and chemicals in the near future.

PERN "Przyjaźń" is a leading pipeline operator in the Polish oil logistics market. The Friendship (“Drushba”) pipeline transports Russian oil to the largest refineries in Poland and Eastern Germany. A second Polish pipeline is transporting oil delivered by tankers from the marine terminal in Gdańsk. Detailed planning ensures the continuity of supply which is vital for the Polish and German energy supply.

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PSIPENTA Wins Contract from the Scherdel GmbH

Roll-out of the ERP suite and MES modules for ten sites of the machine and tool makers

Berlin, 7 May 2015 – PSI subsidiary PSIPENTA Software Systems GmbH has been contracted by the Scherdel Group with the implementation of the PSIpenta ERP suite and MES modules in, initially, ten plants and subsidiaries. The goal is a uniform IT and process landscape for the machine and tool makers within the group.

Scherdel decided for the PSIpenta ERP standard, due to the fact that the system not only optimally covers both the branch-specific processes of mechanical engineering as well as tool making, including the requirements such as handling of exotic products, but also because PSIPENTA has extensive experience in both fields.

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PSI in 2014 with Significant Rebound in EBIT and Cash Flow

  • New orders and group sales on the level of the previous year
  • EBIT increases by 72 % to 7.2 million Euros
  • Group net result increases tenfold to 4.1 million Euros
  • Operating cash flow improves from –0.1 million to 24.1 million Euros

Berlin, 19 March 2015 – The PSI Group attained approximately constant sales of 175.4 million Euros (2013: 176.3 million Euros) in financial year 2014. The new orders were, with 184 million Euros (2013: 185 million Euros), also about constant, the order book volume at the end of the year increased to 120 million Euros (2013: 118 million Euros). A lower volume of export licenses from the BRIC countries contrasted with a clear rebound in the energy business. The EBIT increased by 72 % to 7.2 million Euros (2013: 4.2 million Euros) despite greater expenses and write-offs in the post projects that have in the meantime been completed. The group net result increased by tenfold to 4.1 million Euros (2013: 0.4 million Euros), the earnings per share increased correspondingly to 0.26 Euro (2013: 0.02 Euro).

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Mr. Harvinder Singh,
Ernst & Young
Technology Entrepreneur
Of The Year

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PSI INCONTROL
(formerly known as INCONTROL TECH or iTEC)

An engineering company who understands that engineering solutions are much more than just using good tools. Solutions for Automation, Control and Protection are like constructing a building. Just taking the best bricks, steel and concrete will not give you the best looking building. You need an architect who understands how to bring them together into a reliable, world class solution.

inCONTROL-Tech


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