The cooperative Orlik raises its turnover and makes a profit
Article Abstract:
Orlik (Ceska Trebova, Czech Republic), engineering production cooperative, increased its turnover to CEK 191.7 mil in 2000 compared to CEK 101 mil in 1999. The main reasons for the turnover growth were the revival of demand on the domestic market and an increase in the productivity of labour. According to a preliminary estimate, the cooperative expects a profit of CEK 4.5 mil for 2000 compared to a loss in 1999. Orlik manufactures compressors and pressure vessels. It has 220 employees. More than 50% of them are represented by persons with limited working abilities.
Publication Name: Ekonom
Subject: Business, international
ISSN: 1210-0714
Year: 2001
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The Czech metallurgy sector plans to reduce the number of its employees
Article Abstract:
Czech Republic: The metallurgy sector plans to have 24,000 employees in 2010. The number is two-times lower compared to the end of 1999. The total costs on the restructuring of the Czech metallurgy industry should be CEK 82 bil. According to the Ministry of Industry and Trade, the solution of social impacts per employee will cost over CEK 15 bil.
Publication Name: Ekonom
Subject: Business, international
ISSN: 1210-0714
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
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