Bohemia Musico Delicia expects a profit in 2000
Article Abstract:
Bohemia Musico Delicia (BMD) (Horovice, Czech Republic), musical instrument manufacturer, expects a profit in 2000 again. The firm expects a loss of about 12 mil Kc in 1999. The main reason for the loss is the 40% devaluation of the South Korean currency, which caused a decrease in musical instruments of important manufacturers from South Korea. In 1998 the firm had to dismiss about 100 employees due to the Asian crisis. During the second half of 1999 BMD started to extend its production and increased the number of its employees from 250 to 300 persons. BMD is the largest European accordion manufacturer.
Publication Name: Ekonom-Tydenik Hospodarskych Novin
Subject: Business, international
ISSN:
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
Danzer Bohemia Dyharna receives investment incentives
Article Abstract:
Danzer Bohemia Dyharna (DBD) (Neratovice, Czech Republic), veneer manufacturer, will build a sliced veneer production plant at an investment cost of CEK 690 mil. The firm received state investment incentives for the plant's construction in 2001. The plant will offer 300 new jobs.
Publication Name: Ekonom-Tydenik Hospodarskych Novin
Subject: Business, international
ISSN:
Year: 2001
User Contributions:
Comment about this article or add new information about this topic: