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Aliachem's loss tripled in 2000

Article Abstract:

Aliachem (Prague, Czech Republic), chemical company, saw a loss of CEK 2.179 bil in 2000 compared to a loss of CEK 694.66 mil in 1999. The 2000 loss was influenced mainly by the overvaluation of the firm's assets and the formation of rectifying items and reserves. It was also affected by the inclusion of an increase in costs on raw materials and changes in exchange rates in selling prices. The firm's outputs decreased to CEK 9.49 bil in 2000 compared to CEK 9.75 bil in 1999. Aliachem's branch plants are Synthesia (Czech Republic), Technoplast (Czech Republic), Moravske chemicke zavody (Czech Republic) and Fatra (Czech Republic). Aliachem had a 49.2% stake acquired by Agrobohemie (Czech Republic) in 2000. Agrobohemie has a 50% stake held by Unipetrol (Czech Republic) and a 50% stake by Agrofert (Czech Republic). Besides, Unipetrol holds nearly a 18% stake in Aliachem directly.

Publisher: POZITRON
Publication Name: Mlada Fronta Dnes
Subject: Business
ISSN: 1210-1168
Year: 2001

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An audit confirms Aliachem's loss

Article Abstract:

Aliachem (Prague, Czech Republic), chemical firm, saw a loss of CEK 2.86 bil in 2000. The sum is CEK 681 mil higher compared to the estimate of Feb 2001. The final level of the loss was influenced by additional demands for the formation of reserves and rectifying items. Aliachem's branches are Synthesia (Pardubice, Czech Republic), Technoplast (Chropyne, Czech Republic), Moravske chemicke zavody (Ostrava, Czech Republic) and Fatra (Napajedla, Czech Republic). Aliachem is a part of the holding company Unipetrol (Czech Republic).

Publisher: POZITRON
Publication Name: Mlada Fronta Dnes
Subject: Business
ISSN: 1210-1168
Year: 2001

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Valcovny Plechu lowers its loss

Article Abstract:

Valcovny plechu (Frydek Mistek, Czech Republic), metallurgy company, saw an audited loss of CEK 57.127 mil in 2000. According to audited results, the company generated outputs of CEK 2.035 bil in 2000 compared to CEK 2.007 bil in 1999. In 1999 the firm saw a loss of CEK 969.7 mil.

Publisher: POZITRON
Publication Name: Mlada Fronta Dnes
Subject: Business
ISSN: 1210-1168
Year: 2001
Primary Iron & Steel, Iron and Steel Mills and Ferroalloy Manufacturing, Blast Furnace and Basic Steel Products, Statistical Data Included, Brief Article, Valcovny Plechu

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Subjects list: Czech Republic, Inorganic compounds, Aliachem A.S.
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