Czech Republic: Wikov Industry has appointed Michal Kurtinec as the CEO of its Wikov Gear division. Other personnel changes include the selection of Radovan Rašpl as the CEO of Wikov TurboGear and Jan Vosátka as the CEO of Wikov GearServices.
Wikov Industry has reorganised itself into two divisions following its acquisition of Litostroj Power in December 2024. Wikov Gear includes Wikov TurboGear (formerly Wikov Gear), Wikov MGI, Wikov Sázavan, GGT Gmeinder Getriebetechnik, Detail CZ, Pacific Rim Engineered Products, Wikov Gear Canada, Wikov - Wessex, Wikov Indigear and Orbital2. The main focus of this division is the development, production, assembly and service of mechanical gearboxes and precision CNC machining. Wikov Hydro includes Litostroj Power (Slovenia), Litostroj Engineering (Czech Republic), Litostroj Hydro (Canada) and Litostroj US (US). This division focuses on the design, manufacture and maintenance of hydro turbines, reverse pump turbines, valves, pumps and is a supplier of complete turnkey solutions for hydro power plants.