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Infatrade and Vysoke Pece Ostrava

Article Abstract:

Vysoke pece Ostrava (VPO) (Ostrava, Czech Republic), pig iron manufacturer, will change the structure of its shareholders in 2000. Recently VPO had a 33.3% stake acquired by Infatrade (UK). The stake had been transferred to Infatrade from Shiran General Trade (Russia/Israel), pawnbroker of Vitkovice (Ostrava, Czech Republic). VPO saw a profit of CEK 12.847 mil in 1999. The company supplies the majority of its pig iron production to metallurgy firms in the Ostrava Ostrava. VPO has 1,200 employees and a stock of CEK 2.073 bil.

Publisher: POZITRON
Publication Name: Technicky Tydenik
Subject: Business, international
ISSN: 0040-1064
Year: 2000
United Kingdom, United States, Asset sales & divestitures, Acquisitions & mergers, Iron and Steel Mills, Financial management, Blast furnaces and steel mills, Metallurgists, Pig Iron, Infatrade

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Vysoke Pece Ostrava saw a loss in 2000

Article Abstract:

Vysoke pece (VP) (Ostrava, Czech Republic), metallurgy firm, saw a loss of CEK 24.2 mil in 2000. The firm has 1,200 employees. VP is the largest domestic pig iron producer. In 2000 the company supplied 2.75 mil t of iron to metallurgy plants in Ostrava. VP has a 33% stake held by Infatrade, a 66% stake by Nova hut (Czech Republic) and a 0.7% stake by Vitkovice (Czech Republic).

Publisher: POZITRON
Publication Name: Ekonom
Subject: Business, international
ISSN: 1210-0714
Year: 2001
Vysoke pece

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Vysoke Pece Ostrava sees profit

Article Abstract:

Vysoke pece Ostrava (VPO) (Ostrava, Czech Republic), metallurgy company, saw a net profit of CEK 16.226 mil in 2000, according to preliminary results. In 1999 the firm generated a net profit of CEK 12.847 mil. VPO's outputs amounted to CEK 12.928 bil in 2000 compared to CEK 10.935 bil in 1999. VPO is the largest pig iron producer in the Czech Republic.

Publisher: POZITRON
Publication Name: Ekonom
Subject: Business, international
ISSN: 1210-0714
Year: 2001

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Subjects list: Statistical Data Included, Brief Article, Czech Republic, Vysoke Pece, Metallurgy
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