Strategical partner is competitor above all
Article Abstract:
Eta (Hlinsko v Cechach, Czech Republic), household electrical appliance manufacturer, needs to raise the series rate of its product and consequently profitability. That could be achieved by connection with a strategical foreign partner. Owing to the capacity surplus on the European market in the sector it is quite unlikely that a manufacturer would like to raise his production potential by connection with Eta. Therefore Eta is doing its best to improve its situation. In 1999 the firm started restructuring to see a stable profit. It saw a loss of 77 mil Kc in 1999 compared to a loss of 110 mil Kc in 1998. Eta closed its plant in Litovel during its restructuring. The firm decreased the number of its employees by 20% in 2000 compared to 1999. Besides products under the trade mark Eta, the firm manufactures for foreign partners under their trade marks. In 2000 it plans to make goods worth 15 mil DEM for Bosch-Siemens (Germany). The firm supplies products under the trade mark Eta to the domestic market, Slovakia and Hungary. Eta is number one in its field in Hungary and has a strong position in the former Yugoslavia, Romania and Bulgaria.
Publication Name: Ekonom-Tydenik Hospodarskych Novin
Subject: Business, international
ISSN:
Year: 2000
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Tatra looks for strategical partner
Article Abstract:
Tatra (Koprivnice, Czech Republic), automotive company, is looking for a strategical partner in 2000. The partner should help the firm with further development. Tatra's general assembly in June 2000 agreed an increase in its stock by about 4 bil Kc to 5.2 bil Kc by the capitalisation of the receivables of the state bank Konsolidacni banka (KOB) (Czech Republic). Tatra covered 70% of its payables by the step. The firm saw a preliminary turnover of nearly 3 bil Kc and a loss of about 700 mil Kc in 1999.
Publication Name: Ekonom-Tydenik Hospodarskych Novin
Subject: Business, international
ISSN:
Year: 2000
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Skoda Praha wants to look for strategical partner in 2000
Article Abstract:
Skoda Praha (SP) (Prague, Czech Republic), holding engineering company, wants to focus on search for a strategical partner in 2000. The company will not pay dividends for 1999. In 1999 it generated a gross profit of 59.1 mil Kc and a net profit of 1.3 mil Kc. The consolidated loss of the group around SP amounted to 48 mil Kc in 1999. SP is mainly a supplier of equipment for the Temelin nuclear power station in the Czech Republic and the Mochovce nuclear power station in Slovakia.
Publication Name: Ekonom-Tydenik Hospodarskych Novin
Subject: Business, international
ISSN:
Year: 2000
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