Monopoly without guarantee
Article Abstract:
Linde Technoplyn (LP) (Prague, Czech Republic), industrial gas company, will merge with the Czech branch of Aga Gas (AG) (Sweden) in 2000. The merger will help the company maintain its monopoly position on the domestic market. It should also bring it better access to products and services, including the extension of propane-butane sales and the sales of welding equipment. LT also owns an industrial gas unit at the metallurgy firm Trinecke zelezarny (Trinec, Czech Republic). The unit generates a turnover of CEK 350 mil per year. In 1999 LT had a 37% share on the Czech market and generated a net profit of CEK 437 mil on a turnover of CEK 2.5 bil. AG, which had a 14.6% market share, saw a turnover of CEK 786 mil and a net profit of CEK 119 mil in 1999. LT originated in 1991 as a joint venture between Technoplyn (Czech Republic) and Linde (Germany), which invested over CEK 6 bil in the country till 1999. LT's biggest competitor is Air Products (US), which owns an oxygen unit at Chemopetrol (Litvinov, Czech Republic) with a turnover of CEK 700 mil per year. AG invested CEK 2.6 bil in its grass-rooted projects in the Czech Republic in the 1990s. Since 1991 it has had a joint venture with the metallurgy firm Vitkovice (Ostrava, Czech Republic).
Publication Name: Ekonom-Tydenik Hospodarskych Novin
Subject: Business, international
ISSN:
Year: 2000
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The end of a monopoly in 20 months
Article Abstract:
SPT Telecom (Prague, Czech Republic), telecommunication company, should invest 20-25 bil Kc in 1999. The density of the firm's telephone network should be 40 major telephone stations (MTS) per inhabitant at the end of 1999. The number of MTS should be 200 per the firm's employee at the end of 1999. The company has to decrease the number of its employees by about 1,500 during 1999. The firm is preparing for the liberalisation of the telephone service market, which should be realised on 01 January 2001. SPT Telecom saw total revenues of 45.9 bil Kc in 1998. About 5.5 bil Kc of the sum were generated represented by the subsidiary Eurotel (Prague, Czech Republic), mobile telephone operator. SPT Telecom saw a net profit of 6.1 bil Kc in 1998.
Publication Name: Ekonom-Tydenik Hospodarskych Novin
Subject: Business, international
ISSN:
Year: 1999
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Monopoly and competition
Article Abstract:
Ceska posta (CP) (Prague, Czech Republic), postal services company, will maintain its monopoly for the delivery of letters with a mass of less than 350 g in the Czech Republic by 2003. The sole monopoly is ensured by the new law about postal services, which has been valid in the Czech Republic since Jun 2000. CP's other services are provided under competition conditions. Its turnover is nearly CEK 14 bil per year. About 40% of the sum are represented by mail. CP, the monopoly mail delivery company, has 40,000 employees and about 3,400 branches in the Czech Republic.
Publication Name: Ekonom-Tydenik Hospodarskych Novin
Subject: Business, international
ISSN:
Year: 2000
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