Less customers, more proceeds

Article Abstract:

Peguform Bohemia (PB) (Liberec, Czech Republic), plastic car parts company, expects a decline in proceeds. Its proceeds should drop from 178 mil DEM in the fiscal year 1997/1998, from 01 October 1997 to 30 September 1998, to about 149 mil DEM in 1998/1999. The cause will not be a decline in the number of products but a decrease in the price of painted plastic parts. In April 1999, PB will commisison a new buffer paint shop, in which it has invested 600 mil Kc together with the car company Skoda Auto (Mlada Boleslav, Czech Republic). At present PB has seven customers compared to about 1,400 in 1993-1994, six of them being from the automotive industry. These seven customers generate 97% of PB's proceeds. The rest is covered by television painting for Panasonic (Japan). Despite the decline in the number of customers, PB has raised its turnover from 1.1 bil Kc per year in 1993-1994 to the current 3 bil Kc per year.

Comment:

Peguform Bohemia (PB) (Liberec, Czech Republic), plastic car parts company, expects a decline in proceeds.

Production data, Plastic Products, Plastics Product Manufacturing, Motor Vehicle Parts, Motor Vehicle Parts Manufacturing, Automotive parts, Peguform Bohemia

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Chemapol at Policske Strojirny

Article Abstract:

Policske strojirny (PS) (Policka, Czech Republic), ammunition and engineering equipment manufacturer, will change the structure of its shareholders in 1998. Chemapol (Czech Republic) has become the firm's new co-owner. Chemapol acquired a 31% stake in PS through its sub-holding company C.H.M. (Czech Republic). Omnipol (Czech Republic) will remain PS's further important shareholder. Omnipol holds a 19% stake in PS. In 1997 PS saw proceeds of 308 mil Kc. The firm, which has 670 employees, manufactures ammunition, explosive and pneumatic equipment.

Comment:

Acquires 31% stake in Policske strojirny

Asset sales & divestitures, Acquisitions & mergers, Ammunition (except Small Arms) Manufacturing, Chemicals Whsle, Chemical and Allied Products Wholesalers, Ammunition Parts & Accessories NEC, Policske strojirny, Ammunition, Chemical wholesalers, Article, Chemapol Ltd.

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