Siemens strengthens its position
Article Abstract:
Siemens Automobilova technika (SAT) (Czech Republic), car component manufacturer, will invest in its plants in Stribro and Plzen, both in the Czech Republic. The firm should start the construction of a distribution hall in February 1999. The construction will cost 37 mil Kc. The company commissioned a new material storage hall with an area of 2,300 sq mt in July 1998. The total costs on the hall's construction were 37 mil Kc. The turnover of both the plants should increase to 2.2 bil Kc for the business year 1997/98 compared to 1.4 bil Kc for 1996/97. SAT, which manufactures car bunched cables in Plzen and Stribro, increased the number of employees at the two plants to 2,580 in 1998 compared to 1,713 in 1997. Besides, SAT has a plant in Frenstat-pod-Radhostem, the Czech Republic, which is focused on the production of electronic equipment for household appliances and cars.
Comment:
Car component manufacturer will invest in its plants in Stribro and Plzen
Publication Name: Ekonom-Tydenik Hospodarskych Novin
Subject: Business, international
ISSN:
Year: 1998
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MT strengthens its position
Article Abstract:
Messer Technogas (MT) (Prague, Czech Republic), technical gas supplier, saw a turnover of 491 mil Kc in 1998, 12% more compared to 1997. The firm's pre-tax profit amounted to 9.1 mil Kc in 1998. MT is a part of the group Messer (Frankfurt-am-Main, Germany). The group has invested 1.36 bil Kc in the Czech Republic since its entrance to the Czech market in 1991. The group invested more than 70 mil Kc in the technology of a technical gas filling plant in Kladno, the Czech Republic, among others.
Publication Name: Ekonom-Tydenik Hospodarskych Novin
Subject: Business, international
ISSN:
Year: 1999
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