Abstracts - faqs.org

Abstracts

Business

Search abstracts:
Abstracts » Business

Mileta will transfer its profit to the next few years

Article Abstract:

Mileta (Horice, Czech Republic), handkerchief, bedding and table cloth manufacturer, saw a net profit of CEK 11.3 mil in 2000. The firm will transfer 5% of the profit to its reserve fund. The remaining 95% of the profit will remain retained. The firm will pay neither directors fees nor dividends from the profit. In 1999 Mileta saw a net profit of CEK 3.5 mil and divided it in a similar way. It generated proceeds of CEK 889 mil in 2000, up 9% from 1999. The proceeds growth was ensured by exports, which generated CEK 665 mil in 2000, 13% more compared to 1999. Exports represented 75% of the firm's total sales in 2000. Most of them went to Germany, the UK, Russia, Italy, Japan and the US. Mileta increased mainly its shirting, bedding, table cloth and handkerchief sales. The firm has 1,511 employees. The firm's majority shareholder is the Swiss businessman Elard Maron.

Publisher: POZITRON
Publication Name: Mlada Fronta Dnes
Subject: Business
ISSN: 1210-1168
Year: 2001
Miscellaneous Textile Goods, Misc Textiles, All Other Textile Product Mills, Brief Article, Textiles, Mileta, Bavlnarske Zavody, S.P.

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Trinecke Zelezarny doubles profit

Article Abstract:

Trinecke zelezarny (TZ) (Trinec, Czech Republic), metallurgy firm, expects a profit of CEK 320 mil and proceeds of about CEK 20 bil in 2001. It saw an audited profit of CEK 221 mil in 2000, 91% more compared to 1999. In 1999 the firm generated a net profit of CEK 115.5 mil. Its proceeds totalled CEK 20.9 bil in 2000, 20% more compared to 1999. TZ has a 65% majority stake held by Moravia Steel (Czech Republic).

Publisher: POZITRON
Publication Name: Mlada Fronta Dnes
Subject: Business
ISSN: 1210-1168
Year: 2001
Research and Development in the Physical, Engineering, and Life Sciences, Metallurgy, Statistical Data Included, Trinecke zelezarny

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA



Subjects list: Czech Republic
Similar abstracts:
  • Abstracts: Botas ends its production for Adidas. Eurotel has 2.5 mil clients
  • Abstracts: FAB will use its profit for development. The court in Basle solves the fight for Kovosvit
  • Abstracts: EBRD invests in Oskar. There are 5 mil mobile telephones in the Czech Republic
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.
Some parts © 2025 Advameg, Inc.