Botas ends its production for Adidas

Article Abstract:

Botas (Skutec, Czech Republic), sports footwear manufacturer, is ending its made-to-order production for Adidas-Solomon (A-S). The reason is the high price of Czech workforce. That is why A-S will go to the cheaper market in Asia. The damping should not influence Botas's economy. Botas will focus on production under its own trade mark. Contracts from A-S represented 16.5% of Botas's total production volume in 2000. The share should decrease to 5% in 2001. Botas manufactures its own sports boots too. It has asserted itself in domestic chains. The firm exports 68% of its production currently, mainly to Scandinavian countries. It is also returning to the Russian market gradually. The company has 600 employees in 2001, about 100 persons less compared to 1999. The firm saw proceeds of CEK 271 mil and a net profit of CEK 137,000 in 2000. It has concentrated its production to two plants in Skutec and Policka, the Czech Republic. Botas has a stock of over CEK 205 mil. It has a 52% majority stake held by Benal (Prague, Czech Republic) and nearly a 14% stake by M. Cambell & Sons (Cyprus).

Strategy & planning, Other Footwear Manufacturing, Athletic Footwear ex Canvas, Footwear, except rubber, not elsewhere classified, Athletic shoes, Botas

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Eurotel has 2.5 mil clients

Article Abstract:

Eurotel (Prague, Czech Republic), operator of the NMT and GSM mobile phone network, has 2.5 mil active clients currently. The number is 330,000 higher compared to the beginning of 2001. Radiomobil (Czech Republic) had 2 mil clients at the end of Feb 2001 and Cesky Mobil (Czech Republic) 302,000 clients at the end of 2000. According to an estimate, Czech inhabitants are using over 5 mil mobile telephones currently compared to 4.3 mil at the beginning of 2001. According to the estimates of the operators, their number should increase to 5.5-6 mil in 2001.

Use of services, Radiotelephone communications, Cellular and Other Wireless Telecommunications, Radio & TV communications equipment, Mobile Radio Services, Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing, Cellular Mobile Tel Equip, Statistical Data Included, Wireless telephones, Wireless communications services, Radiomobil, Eurotel

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