Karlovarska Becherovka will sell production from its warehouse

Article Abstract:

Jan Becher-Karlovarska Becherovka (JBKB) (Karlovy Vary, Czech Republic), liqueur producer, will start to sell liqueurs from its warehouse in 2001. That is why the firm decreased its production at the beginning of 2001. The firm stored 5 mil lt of liqueurs in 1999-2000. A reason for the drop of the firm's production is the fact that JBKB has not been obliged to fulfil privatization demands since the beginning of 2001. According to the demands, the firm had to produce 10.5 mil lt of herbal liqueurs in 1999 and 12.5 mil lt in 2000. Their consumption in the Czech Republic is decreasing. JBKB has a 30% stake held by Salb (Czech Republic). At the beginning of 2001 Salb is waiting for the result of a check of Ministry of Agriculture of the Czech Republic, whether it met all the conditions of privatization in 2000. Salb will acquire another 59% stake in JBKB for about CEK 1.3 bil in case of a positive result.

Market information - general, Production data, Marketing procedures, Industry Market Data, Distilled and blended liquors, Distilleries, Parent-to-subsidiary activities, Subsidiary-to-parent activities, Bottled Liquor, Liquor, Jan Becher Karlovarska Becherovka, Salb

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CRA is in suspense

Article Abstract:

Ceske radiokomunikace (CRA) (Prague, Czech Republic), telecommunication firm, will know the holder of its 51% stake in Mar 2001 at the earliest. The state has put off the term of the sale by three months again. The original term was Oct 2000. According to unofficial results, four investors have qualified for the second stage of the sale. They are TeleDanmark (Denmark), which holds a 20.8% stake in CRA, Vivendi (France), Telecom Italia (Italy) and the investment fund Emerging Markets Partnership.

COMMUNICATION, Communications, Broadcasting and Telecommunications, Telecommunications industry, Tele Danmark A/S, Vivendi Universal S.A., Telecom Italia S.p.A., Ceske radiokomunikace A.S., Emerging Markets Partnership (Washington, D.C.)

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Three investors are interested in Manufaktura Pirkenhammer

Article Abstract:

Manufaktura Pirkenhammer (MP) (Karlovy Vary, Czech Republic), china company, should be sold in 2001. Three investors are interested in the bankrupt firm. The price for the company has been fixed at about CEK 40 mil. MP's trade marks will be sold separately. Their book value is CEK 30 mil. MP's total debts are CEK 134 mil.

Vitreous China Food Utensils, Vitreous China, Fine Earthenware, and Other Pottery Product Manufacturing, Lessors of Nonfinancial Intangible Assets (except Copyrighted Works), Patent owners and lessors, Vitreous china table & kitchenware, Trademark Owners & Lessors, Ceramic tableware, Porcelain, Trademark licensing, Manufaktura Pirkenhammer

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