Jihoceske Papirny sells subsidiaries
Article Abstract:
Jihoceske papirny (Vetrni, Czech Republic), paper company, will sell its subsidiaries. The firm's subsidiaries JIP-Cerepa (Cervena Recice, Czech Republic) and JIP-Papirny Vltavsky mlyn (Loucovice, Czech Republic) should be sold. JIP-Papirny Vrane (Vrane, Czech Republic) should be closed by the end of 2000. >TB Jihoceske papirny (Vetrni, Czech Republic), paper company, economic results Year 1996 1997 1998 1999 ---------------------------------------------------------------- PrProceeds, bil Kc 2.857 2.641 2.799 2.814 Operating profit/Loss, mil Kc 36 -126 -49 -68 >TE >TB Jihoceske papirny (Vetrni, Czech Republic), paper company, economic results of subsidiaries, in mil Kc Subsidiary 1997 1998 1999 -------------------------------------------------------- JIJIP-Papirny Vetrni -51 85 33 JIP-Papirny Vltavsky Mlyn -55 -76 -75 JIP-Cerepa 4 -12 12 JIP-Papirny Vrane -10 -11 -4 >TE
Publication Name: Ekonom-Tydenik Hospodarskych Novin
Subject: Business, international
ISSN:
Year: 2000
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Lachema falls below zero
Article Abstract:
Lachema (Brno, Czech Republic), chemical and pharmaceutical firm, saw a loss of 62.3 mil Kc in 1999. The loss will be covered from the retained profit from the past few years, which will thus decline to 145 mil Kc. Lachema's proceeds totalled 1.013 bil Kc in 1999, over 300 mil Kc less compared to 1998. The decline was mostly caused by a drop in sales to a German partner and the on-going search for a strategical partner. In 1999 Lachema dismissed 10% of its employees. Out of the remaining 1,066 the company made another 150 redundant in 2000. Recently it has changed its name to Pliva-Lachema (Brno, Czech Republic), being now a part of Pliva Group (Croatia). A chart shows the development of Lachema's economic indicators over 1996-2000.
Publication Name: Ekonom-Tydenik Hospodarskych Novin
Subject: Business, international
ISSN:
Year: 2000
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Comment about this article or add new information about this topic:
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