Westvaco Svitavy receives a public support in the form of investment incentives
Article Abstract:
Westvaco CR (Svitavy, Czech Republic), packaging manufacturer, received an agreement for public support in the form of an investment incentive in the autumn of 2000. The total volume of the investment incentive must not exceed CEK 185 mil. The investment incentive is connected with the plan of the parent firm Westvaco (US) to invest CEK 370 mil in the Czech Republic. CEK 290 mil of the sum should be invested in new technology.
Publication Name: Ekonom-Tydenik Hospodarskych Novin
Subject: Business, international
ISSN:
Year: 2000
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Nova Mosilana receives investment incentives
Article Abstract:
Mova Mosilana (NM) (Brno, Czech Republic), textile company, plans to invest CEK 380 mil in the extension and modernization of its fabric production from 2001. The firm will increase the number of its employees by 270 after the commissioning of a new hall with an area of 5,000 sq mt. NM has received investment incentives for the project. NM's majority shareholder is the concern Marzotto (Italy).
Publication Name: Ekonom-Tydenik Hospodarskych Novin
Subject: Business, international
ISSN:
Year: 2001
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