Skoda Energo comes to the Turkish land

Article Abstract:

Skoda Energo (SE) (Plzen, Czech Republic), power equipment supplier, will participate in the installation of two complete gas-steam boilers in Turkey from 2001. The firm has arranged a contract worth CEK 7 bil on the project with Instroenergo Group (Slovakia) and Tekfen (Turkey). SE will realize jobs worth CEK 5.8 bil within the contract. More than CEK 3 bil of the sum will be represented by production and design. It is the biggest contract in SE's history and the firm's first contract in Turkey. SE saw a gross profit of CEK 200 mil under proceeds of CEK 3.2 bil in 2000. In 1999 it saw an unspecified loss under proceeds of CEK 3.4 bil. The firm became profitable due to extensive restructuring. The number of SE's employees decreased by 25% to 2,382 at the beginning of 2001 compared to 1999, within the restructuring.

Use of services, Contracts & orders received, Motor and Generator Manufacturing, Electric Distribution Equipment, Motors and generators, Turkey, Electric Power Generating Equip, Electric power plants, Skoda Energo, TEKFEN

---

Elektrarny Opatovice sells the activities that are not connected with its production

Article Abstract:

Elektrarny Opatovice (EOP) (Opatovice nad Labem, Czech Republic), heat and electric power producer, has sold its 39% stake in Isoplus-EOP (Czech Republic). The stake was acquired by the majority shareholder Isoplus Fernwaermetechnik (IF) (Austria). IF held a 51% stake in the firm before the acquisition. Besides the stake from EOP, IF wants to buy the remaining 10% stake from Moravskoslezske teplarny (Czech Republic).

Asset sales & divestitures, Elektrarny Opatovice

---

Teplarna Otrokovice plans to invest CEK 80 mil in 2001

Article Abstract:

Teplarna Otrokovice (TO) (Otrokovice, Czech Republic), heating company, plans to invest about CEK 80 mil in 2001. CEK 40 mil of the sum will be invested in the installation of a hot water pipeline to Napajedla, the Czech Republic, CEK 30 mil in the major overhaul of a chimney with a height of 173 mt and the ongoing reconstruction of a chemical water treatment plant.

Strategy & planning, Capital expenditures, Teplarna Otrokovice

Similar abstracts:

• Abstracts: Mahathir, Soros and the currency markets: amoral maybe, but currency speculators are both necessary and productive
• Abstracts: Lane Kirkland. Follow the flag of convenience: shipping. Workers' paradise?
• Abstracts: Optimium target values for two machines in series with 100% inspection. A model for parallel machine replacement with capacity expansion
• Abstracts: Skoda Dopravni Technika exports to the US. Strojirny Poldi raises exports. Hoffmeister increases its production
• Abstracts: Agrofert controls most of the Czech fertilizer market. OKD crosses the border. Czech ceramic firms prepare a merger

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.