Zetor increases loss nearly seven times
Article Abstract:
Zetor (Brno, Czech Republic), tractor manufacturer, saw a loss of 717 mil Kc in 1998 compared to the expected loss of 106 mil Kc. The firm's cumulative loss was 2.72 bil Kc and exceeded a half of its redeemed stock. The company's supplies of complete tractors decreased by 9% in 1998 compared to 1997. The firm's production volume increased by 2.6% to 5.7 bil Kc in 1998 compared to 1997. Zetor's proceeds decreased by 6% to 5.63 bil Kc in 1998 compared to 1997. The firm's bad results were influenced by an increase in costs on production and the failure of some planned contracts. The company has decreased its supplies to the network of John Deere (US), among others. Economic sanctions against Iraq, where a Zetor tractor assembly plant was built before, have negative influence over the firm's results too.
Publication Name: Ekonom-Tydenik Hospodarskych Novin
Subject: Business, international
ISSN:
Year: 1999
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The volume of hire purchase increases
Article Abstract:
Home Credit (HC) (Brno, Czech Republic), trade company, expects its turnover to increase by 40% in 1999 compared to 1998. The company saw a turnover of more than 500 mil Kc in 1998. The firm is focused on the granting of consumer credits and hire sales. Over 43,000 clients utilised HC's services in 1998. About 50% of them were represented by the age group of 23-39 years. HC's clients were interested mainly in consumer electronic and garden equipment in 1998.
Publication Name: Ekonom-Tydenik Hospodarskych Novin
Subject: Business, international
ISSN:
Year: 1999
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Why companies hire lobbyists
Article Abstract:
The representatives of major UK firms were surveyed to determine the reasons their companies hire lobbyists. Results show that the reasons for hiring lobbyists vary between companies. However, most firms will hire lobbyists whenever they believe that it would be beneficial to do so under certain operational circumstances. The 'propensity to hire' lobbyists is also influenced by the abilities of the corporate staff and economic trends.
Publication Name: The Service Industries Journal
Subject: Business, international
ISSN: 0264-2069
Year: 1996
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