Gas-Invest has a basic contract with Gazprom

Article Abstract:

Gas-Invest (Prague, Czech Republic), gas trade company, has arranged a basic contract on the supplies of nearly 300 mil cu mt of gas per year with Gazprom (Russia). Gas-Invest has a 50% stake held by Russian persons and a 50% stake by Czech persons. Gazprom has authorized Gas-Invest to ensure its interests in the Czech Republic. Gazprom is interested in the privatization of the gas firm Transgas. The volume of gas imported by Gas-Invest increased by 100 mil cu mt in 1999 compared to contracts arranged with Gazprom. Gas-Invest purchased Czech goods for 40% of the value of the gas supply, about CEK 120 mil, and exported it to Russia for the needs of Gazprom. During the past few years, Gas-Invest was not able to realize further purchase of goods for gas in spite of its effort. The firm has no consumers for any gas beyond the framework of the arranged contracts including 2001.

New orders received, Natural Gas Distribution, Use of materials & supplies, Russia, Gas transmission and distribution, Gas Transmissn & Distributn, Statistical Data Included, Gas industry, Gazprom Russian Joint Stock Co., Gas-Invest

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The preparation of a new Skoda car finishes

Article Abstract:

Skoda Auto (Mlada Boleslav, Czech Republic), car company, is preparing the production of a new model series at its branch plant in Kvasiny, the Czech Republic. The new luxury car has been introduced under the name Montreaux at a motor show in Geneva, Switzerland. The current working name of the car is Bohemia or B5. The plant should commission a new welding shop in Jun 2001 and a new paint shop in Sep 2001. The car should be launched in Oct 2001. The plant should be producing about 150 cars per day during the first stage and nearly 300-600 cars per day prospectively.

Motor vehicles and car bodies, Product development, Automobile Manufacturing, Autos, Standard, Full-size cars, Skoda Automobilovy Koncern Ltd.

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