Ferromet raises turnover
Article Abstract:
Ferromet (Prague, Czech Republic), metallurgy firm, increased its turnover five times to CEK 3.56 bil in 2000 compared to 1999. The firm expects a gross profit of CEK 1.595 mil for 2000. It became the main seller of the metallurgy production of the holding company Z-Group (Czech Republic) in Jan 2000. Transactions with the production represented 90% of the firm's total realized transactions in 2000. Two thirds of Ferromet's transactions were done on the domestic market in 2000. The firm exported mainly seamless tubes in 2000. Their exports to the US increased by 40% in 2000 compared to 1999.
Publication Name: Ekonom
Subject: Business, international
ISSN: 1210-0714
Year: 2001
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Seznam was unprofitable in 2000
Article Abstract:
Seznam (Prague, Czech Republic), Internet firm, expects an unspecified loss for 2000, having seen a profit for 1999. The firm's proceeds totalled CEK 27.5 mil in 2000. Seznam, which is the operator of the portal seznam.cz, completed its transformation into a joint-stock company in 2001. The firm has a majority stake held by its founder I. Lukacovic and a 30% stake by Spray International (Sweden).
Publication Name: Ekonom
Subject: Business, international
ISSN: 1210-0714
Year: 2001
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Velvana reports profit
Article Abstract:
Velvana (Velvary, Czech Republic), the largest local producer of automotive chemicals, generated a net profit of CEK 1.243 mil in 2000. In the previous three years the company saw losses. Its 2000 proceeds amounted to CEK 420.4 mil. The company produces automotive chemicals, detergents and polishes.
Publication Name: Ekonom
Subject: Business, international
ISSN: 1210-0714
Year: 2001
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