Uni CZ Sobeslav manufactures machines for Americans
Article Abstract:
Uni CZ (Sobeslav, Czech Republic), engineering firm, has been awarded a contract worth CEK 150 mil by Tennant (US). Uni CZ should produce a basic type truck for Tennant. The contract was mediated by the agency Czechinvest (Czech Republic). Tennant manufactures floor cleaning machines. The co-operation should be strengthened shortly. Uni CZ should ensure assemblies during the first stage and the production of components prospectively. Uni CZ saw proceeds of CEK 125 mil in 2000. The firm, which has 200 employees, manufactures textile looms. It is looking for substitute programmes owing to a drop in its sales.
Publication Name: Mlada Fronta Dnes
Subject: Business
ISSN: 1210-1168
Year: 2001
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CKD Hronov improved its results in 2000
Article Abstract:
CKD Hronov (Hronov, Czech Republic), engineering firm, saw a net profit of CEK 16.1 mil in 2000 compared to CEK 4.7 mil in 1999. Its proceeds totalled CEK 230 mil in 2000, nearly 5% more compared to 1999. The profit increase was influenced by the positive accounting of reserves, rectifying items and accrual operating revenues of CEK 16 mil. The firm's main production programme includes gearbox equipment and toothed wheels. The company has a stock of CEK 120 mil and 330 employees. It is a subsidiary of the holding company CKD Praha (Prague, Czech Republic), which holds a 75% stake in it.
Publication Name: Mlada Fronta Dnes
Subject: Business
ISSN: 1210-1168
Year: 2001
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The cabinet agrees aid for CKD
Article Abstract:
CKD Praha Holding (Prague, Czech Republic), holding engineering company, owes over CEK 7.5 bil mainly to the state. In Jun 2001 the government agreed state aid for the firm. The state bank Konsolidacni banka (Czech Republic) will purchase a receivable of CEK 2.4 bil towards CKD from the bank CSOB (Prague, Czech Republic). Subsequently, it will capitalize CEK 4.7 bil.
Publication Name: Mlada Fronta Dnes
Subject: Business
ISSN: 1210-1168
Year: 2001
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