It should not be a miracle

Article Abstract:

Benzina AS ((Benzina) (Prague, Czech Republic), fuel distributor, expects a zero economic result in 2000. The firm's balanced economic result would be a success because as of the end of 1998 it has a cumulative loss of more than 1 bil Kc. In 1999 Benzina saw a balance loss of nearly 700 mil Kc under a positive operating result of 800-900 mil Kc. According to the firm's management, the main reason for the loss is the fact that Benzina invested about 7.7 bil Kc in the modernisation of its petrol stations during 1996-1999. Benzina does not plan to decrease the number of its 339 petrol stations, one third of which are unprofitable. The firm will sell some of the petrol stations and will build some new stations to maintain its market position.

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ETZ should renovate the power network of Baku

Article Abstract:

Elektrotechnicke zavody Teplice (ETZ) (Bystrany, Czech Republic), electrical-engineering equipment manufacturer, has been awarded a contract worth 12 bil Kc. The firm should renovate the power network of the city of Baku, Azerbaijan, by 2009. The firm should increase the number of its employees by about 150 due to the contract. ETZ has 240 employees currently.

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Malaysia - the journey from miracle to malaise

Article Abstract:

Dr. Mahathir Mohamed, prime minister of Malaysia from 1981 to 1997, helped transform Malaysia into a socially and economically-viable country. Mahathir was viewed as a radical by earlier politicians, but as a leader his political philosophy was based on political stability, long-range vision and consistency. This strategy renewed Malaysia's economic future.

Political activity, Political aspects, Economic development, Malaysia, Mahathir Mohamad

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