Have you heard if some of the older firms in Eastern Europe are still making cast iron heavy duty machines?
I very much doubt it. Most communist bloc machinery came from Russia after WWII in part because the Russians came in and removed factories wholesale especially from East Germany. That is certainly what happened to Kirchner or Leipzig who in the 1920s and 30s were one of the world's biggest woodworking machinery producers. Cast iron it's far more expensive to produce than sheet metal is to fold (for the body parts) which is why industry everywhere started to go down that path after WWII (and here it led to statups such as Multico, Startrite and Bursgreen who were all keen to make new generation machines). Indeed, SCM, a new Itslian startup in the late 1940s made s great success of these new techniques which reduced stockholding of castings (only the top was cast iron and had to be produced in volume then the "green" castings weathered for months to stabilise them before final machining) whilst the folded metal bases and fences could be produced more cheaply more or less on demand. This is a more effective use of capital.
I've a feeling that the bandsaw that I'm trying to remember the name of might have been much older than I imagined. I had a feeling it was a BZB but it was grey and totally cast iron. I thought it was a Wadkin - I wouldn't have thought it was from the 60's I imagined it was perhaps 20 years old so perhaps made in the 70's or 80's.
Both Wadkin and Bursgreen kit was grey until the mid 1960s. I understand that the change to green came about because the Germans insisted that machines shown at the big show in Germany be colour coded - grey for metalworking, green for woodworking. So Wadkin changed colour, but so did Bursgreen (appropriate considering their name), Robinson, Wilson, SCM (who were previously a desert sand colour), etc. By the late 1970s Wadkin bandsaws were sheer metal and boxy looking, whereas the BZB was a more rounded style. Are you sure it wasn't the Robinson EY/T bandsaw? These looked superficially similar to the BZB but had a cast box frame and fibre glass door.
There was also an EQ spindle moulder wasn't there that was quite well known and quite liked. Wasn't there a famous Wadkin Panel saw called an SP something or other?
AFAIK the EQ replaced the earlier (pre-WWII) EP as the top of the line Wadkin spindle moulder in the early 1950s. It wasn't alone, though, in that Cooksley, Sagar, Robinson, White and Wilson all produced all cast iron spindles of comparable quality in the 1950s and 60s, but with the merger of Wadkin with Sagar in 1954(?), Bursgreen - by then a Sagar subsidiary - came into the fold, and Wadkin realised that there was far more profit and higher volumes in these "new generation" sheet metal base/cast iron top machines. Given their head Bursgreen (as Wadkin Bursgreen) went on to dominate the market by the late 1960s. Wadkin did attempt to replace the EQ in the 1970s with the BEM spindle moulder (possibly the finest spindle they ever made) which looked modern, but had a cast iron box base. It was not a roaring success and the EQ was therefore still being made to special order as late as the mid 1980s (I remember seeing a small batch of them going through the Cooksley factory in Surrey in 1984, shortly before they closed).
The panel saw you are thinking about might be the Wadkin Bursgreen SP12, a derivative of the redesigned AGS table saw of the 1980s. They were fitted with a scoring unit and featured a rectangular sliding carriage with a 4 or 5 foot stroke, so technically neither a full panel saw nor a heavyweight saw. The "proper" full stroke panel saws were the Panelmaster saws of the 1970s which in the 1980s were replaced by the CP range (CP12, CP25 and CP32) which had a sliding box beam arrangement with a true outrigger supported on a articulating arm (as you see on Altendorf panel saws and Feldwrs, etc). CPs were expensive, and having used them as well as having owned several Altendorfs I can tell you that they weren't a patch on the German originals, but then neither were the SCMs
I often wondered though that did the classic old heavy duty machines suffer from lack of precision at all? Whereas the modern machines had finer tolerances?
In many ways modern machines have useability advantages over older kit. For example modern spindles (I.e post-1980 designs) have far better dust extraction than machines of the EQ generation. They also feature micro adjust fences, which can often be removed from the machine and be replaced without losing their settings. Modern machines have ele trically efficient motors using flat belt drives so cost less to run, and they feature rapid breaking mechanisms (mandatory since the 1990s). On the downside they aren't built to last 100 years. So there are pluses and minuses
Would there have been a Wadkin grey cast iron bandsaw that had the code Wadkin DZ? or just D?
Any money it was a DS. Cast iron frame, sheet metal guards, produced from the early 1930s (possibly a bit earlier). They were 24in wheel bandsaws, a sort of reduced size DR. Not common, and certainly in the 1950s they were being manufactured under licence at the Royal Ordnance Factory (in Nottingham). I suspect that being expensive they weren't great sellers and that Suez killed them off. That, or the introduction of the lower price BZB.