Michael Axelsen

Sparekassen Thy engages in the provision of banking services. It offers car loans and home loans; a range of investment solutions; and mobile banking and internet banking solutions. The company was founded in 1829 and is headquartered in Thisted, Denmark.

Total commitment STEMA/PEDAX is one of the few players in the market supplying total systems: its range of products includes all types of machines for processing reinforcing steel. The STEMA stirrup bending machines straighten, bend and cut reinforcing steel in coils from 6-18 mm - and the unique Rollmaster produces welded mesh in carpets up to 40 mm in diameter. The straightening and shearing systems from PEDAX process steel bars up to 60 mm diameter. And the Mafix machines cut and bend conventional steel wire mesh. This perfect match was created in 1997 by Stema Engineering of Kvistgård, Denmark and Peddinghaus of Bitburg, Germany. A new company named Pedax Bitburg Maschinenbau GmbH was founded by Mr. Deichmann, Mr. Specht, Mr. Blos and Mr. Gleich, taking over the activities from the old Peddinghaus Bitburg in 1997.