Zetor avoids a danger of bankruptcy proceedings

Article Abstract:

Zetor (Brno, Czech Republic), tractor manufacturer, plans to produce about 6,000 tractors in 2001. The firm re-started its series production in Oct 2000 after a 1.5-year pause. It produced over 800 tractors, 600 engines and spare parts worth CEK 20 mil in 1Q 2001. Currently it has 200 employees. Zetor has not ended up going bankrupt because its shareholders prefer judicial settlement. The firm should be acquired by a new owner by the summer of 2001. The most important bidders are Mahindra and Mahindra (India) and Uzel (Turkey).

Farm Machinery and Equipment Manufacturing, Wheel Tractors, Farm machinery and equipment, Tractors, Zetor A.S.

---

Sokolovska Uhelna will increase its stock

Article Abstract:

Sokolovska uhelna (Sokolov, Czech Republic), brown coal mining company, plans to increase its stock to nearly CEK 7 bil in 2001. Currently, the firm has a stock of CEK 6.763 bil. The company's capital should increase by the value of the land that was excluded from the privatization of the former state company for the reasons of obligations.

Bituminous coal and lignite--surface, Lignite, Bituminous Coal and Lignite Surface Mining, Brief Article, Coal mining, Sokolovska uhelna

---

Similar abstracts:

• Abstracts: The film manufacturer Barlo invests in Pribram. Shimano begins building a large plant in Karvina
• Abstracts: Kenneth Black, Jr.: dedicated to furthering insurance education. The importance of proper structure in long-term care insurance
• Abstracts: Baumax raises its turnover by one fifth. Lazne Podebrady raises revenues
• Abstracts: Lovochemie builds a new plant at a cost of more than CEK 1 bil. CeramTec commissions a new plant in Sumperk
• Abstracts: PVT will not pay dividends. Cukrovar Vrbatky to pay dividends. Vertex changes its name, it will pay dividends

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