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Plastika (manufacturer of plastic parts for automotive, electrical industries with 580 employees in Kroměříž, Czechia; customers: Škoda Auto, Continental, TI Fluid Systems, Faurecia, TRW, Magna, Marelli Automotive Lighting, Varroc, IAC Group, HP Pelzer, Tokai Rika, Bosch, SSI, ATEK, YAPP, Hella, Grupo Antolin, Volkswagen, ZF, SEAT, Tymphany, Thermal Management Solutions, Modine) replaced two injection presses with more energy-efficient ones worth CZK 15 million (EUR 615,000). Project co-financed by EU (European Union) with subsidy from Energy Savings program (administered by Ministry of Industry and Trade of Czech Republic/MPO)
November 30, 2023 | 07:26pm CETflashread more
SMMT: Car production in UK up by 31.6% y/y in October, commercial vehicle (buses, coaches, vans, trucks, taxis) manufacturing by 47.1%
November 30, 2023 | 07:16pm CETflashread more
JATO Dynamics: Dacia Sandero (22,335 registered vehicles, +38%) was best-selling car in Europe (28 countries) in October, followed by Fiat/Abarth 500 (15,426, -5%), Renault Clio (15,408, +17%), Toyota Yaris Cross (15,401, +26%) and Peugeot 2008 (15,032, +37%)
November 30, 2023 | 07:07pm CETflashread more
Seznam Zprávy/Deloitte Czech Elite: 100 most valuable Czech companies (under control of Czech owners) include ČEZ (estimated value: CZK 476 billion/EUR 19.5 billion, main owner: state), Eurowag/W.A.G. Payment Solutions (CZK 18 billion/EUR 739 million, Martin Vohánka), Čepro/EuroOil (CZK 16 billion/EUR 657 million, state), Pražská energetika/PRE (CZK 8.5 billion/EUR 349 million, City of Prague), ICOM Transport (CZK 4.6 billion/EUR 189 million, Kateřina Kratochvílová), Koh-i-noor Holding (CZK 4.5 billion/EUR 185 million, Vlastislav Bříza), Škoda Transportation/Group (CZK 3.4 billion/EUR 140 million, Renáta Kellnerová), Brano Group (CZK 3.2 billion/EUR 131 million, Pavel Juříček), Auto Jarov (CZK 3 billion/EUR 123 million, Josef Fojtík), Louda Holding/Auto (CZK 2.5 billion/EUR 103 million, Pavel Louda)
November 28, 2023 | 05:22pm CETflashread more
BR Group acquired Forez (manufacturer of metal, plastic parts for automotive, electrotechnical industries with 350 employees in Ostrov near Lanškroun, Sázava near Lanškroun and Šternberk, Czechia; customers, projects: Bosch, Continental, Denso, Hella, Marelli Automotive Lighting, Schneider Electric, Varroc, Witte Automotive, Woco supplying for Škoda, BMW, Audi, Volkswagen, Peugeot/Stellantis, Ford, Nissan, Toyota, Volvo, Jaguar, Land Rover, Mercedes/Daimler, Bentley, Porsche vehicles; turnover of CZK 659 million/EUR 27 million in 2021) from Forez Holding/FH Holding (Martin Pecháček, Serge Faltus, Ladislav Bako, Martin Karlík) for lower hundreds of millions of korunas (higher millions of euros), from own and bank resources. Transaction authorized by Office for Protection of Competition (ÚOHS). Forlex advised buyer, PwC Legal advised seller. FH Holding retained plant in Ruse, Bulgaria (Forez BG EOOD, mouldings supplier for Witte with 60 employees), automation activities (minority stake in VMK-CZ, majority stake sold to SkyLimit Industry fund in 2019)
November 28, 2023 | 05:16pm CETflashread more
ACEA: New car registrations in EU up by 14.6% in October (Volkswagen +9.9%; Stellantis +11.3%; Renault +24.3%; Hyundai +9.2%; Toyota +11.5%; BMW +17.7%; Mercedes-Benz +11.8%; Ford -14%; Tesla +148.1%; Volvo Cars +5.1%; Nissan +37.6%; Suzuki +69.4%; Mazda +16.2%; Jaguar Land Rover +28.8%; Mitsubishi -6.7%; Honda +11.5%), individual fuel/power types successful differently (BEV +36.3%, PHEV -5%, HEV+MHEV +38.6%, FCEV+NGV/CNG+LPG+biofuel/ethanol +30.4%, petrol +8.1%, diesel -13.2%)
November 28, 2023 | 05:09pm CETflashread more
In referendum in October 2021, residents of Třemošnice, Czechia expressed their opposition to construction of plant by Kovolis Hedvikov (manufacturer of aluminium castings for cars, vans, trucks, buses with 800 employees in Hedvikov/Třemošnice and Ronov nad Doubravou; customers: Wabco/ZF, Webasto, Valeo, NSK, PSA/Stellantis, Opel, Mubea, GKN, Garrett, Aisin, Denso, Volkswagen, Škoda Auto, SEAT; revenues of CZK 1.94 billion/EUR 80 million in FY 2022/2023) in industrial zone behind Berlová vápenka, which received EIA approval in 2016. According to latest plan, company expected to start construction in 2023-2024 (start of production in 1st stage in 2024/2025, SOP in 2nd stage in 2027/2028, SOP in 3rd stage in 2031) and wanted to employ 500 people here within 10 years (to move 300 workers from Hedvikov, to create 200 new jobs). In judgment from May 2022, Supreme Administrative Court (NSS) confirmed validity of referendum, apartments to eventually be built on land
November 27, 2023 | 12:22pm CETflashread more
AutoSAP: 23,511 (passenger) electric vehicles produced in Czechia in October (16,032 battery electric vehicles, 7,479 plug-in hybrids), of which 23,511 cars (Škoda: 11,181 BEVs, 4,842 PHEVs; Hyundai: 4,851 BEVs, 2,637 PHEVs) and 0 buses (SOR: 0 BEVs, 0 PHEVs; Škoda Electric: 0 BEVs, 0 PHEVs)
November 27, 2023 | 12:08pm CETflashread more
Unions: Hundreds of companies from industry, it may be up to 1 million employees, to join strike against steps of Government of Czech Republic by stopping production for hour on November 27. At Škoda Auto plants in Czechia (Mladá Boleslav, Kvasiny, Vrchlabí) production to be suspended for two hours (1:00pm-3:00pm), we expect participation of at least 8,000 workers
November 24, 2023 | 02:54pm CETflashread more
Porsche Czech Republic invested CZK 156 million (EUR 6.5 million) in Zlatníky-Hodkovice near Prague, Czechia to build new training center for Volkswagen, Audi, SEAT, Cupra, VW Commercial Vehicles, Moon Power dealerships and service workshops, Das WeltAuto partners, vocational school teachers, firefighters, workers of insurance companies and other institutions. Construction of Training Academy with AC, DC charging stations provided by Imos, lighting supplied by Zumtobel. In future, we are preparing to cover roof with photovoltaic panels (125.6 kWp PV power plant co-financed by European Union/EU) with storage from used high-voltage batteries from electric vehicles (BESS) to achieve energy neutrality, Kolařík said
November 24, 2023 | 02:41pm CETflashread more
Sales (deliveries to customers) of Volkswagen Group up by 10.7% in October (VW +6.6%; Škoda +14.5%; SEAT+Cupra +30.8%; VW Commercial Vehicles +21.6%; Audi +15.6%; Lamborghini+Bentley -3.4%; Porsche +8.8%; MAN +25.9%; VW Truck & Bus -30.7%; Scania +10.2%; Navistar -0.9%)
November 23, 2023 | 11:58am CETflashread more
European Hydrogen Week 2023: European Commission (EC), Hydrogen Europe, Clean Hydrogen Partnership to hold conferences, exhibition, B2B forum, number of networking events on hydrogen trends, technologies, projects in Brussels, Belgium on November 20-24. BMW, Daimler Truck, Honda Motor, Hyvia, Toyota Motor, ABB, Accelera/Cummins, Ballard, Bosch, Hexagon Purus, Panasonic, Parker Hannifin, Plastic Omnium, Proton Motor, RWE, Schaeffler, Siemens, ThyssenKrupp Nucera to join exhibition
November 23, 2023 | 11:53am CETflashread more
Autocentrum Jan Šmucler handed over six SEAT Tarraco 2.0 TDI (147 kW) DSG 4Drive Xperience cars to Emergency Medical Service of Pilsen Region, conversion for needs of rendezvous (RV) system provided by Sicar. ZZS PK paid almost CZK 38 million (EUR 1.5 million) for total of 15 new ambulances (including six Volkswagen Crafter, three VW Transporter T6 vehicles)
November 23, 2023 | 11:41am CETflashread more
HellermannTyton (manufacturer of products for fastening, fixing, installing, connecting, insulating, protecting, identifying electrical cables with more than 6,000 employees in 18 plants and other sales, distribution, development centers in 39 countries) tests replacement of polyamide/nylon 6.6 with polypropylene in its thermoplastic products to reduce carbon footprint, PP is also easier and more economic to recycle than PA66
November 22, 2023 | 12:33pm CETflashread more
Automotive Cyber Security, Connectivity & SDV Week Europe 2023: Automotive IQ (IQPC) to hold three conferences on automotive cyber security (Automotive Cyber Security Europe), connected vehicles (Connected Vehicles Europe), software-defined vehicles (Software-Defined Vehicles Europe) in Munich, Germany on November 27-30. Representatives of Renault-Nissan-Mitsubishi, BMW Group, Hyundai Motor, Jaguar Land Rover/JLR, Volvo Autonomous Solutions, CARIAD/Volkswagen Group, PCAutomotive, ZF, Aptiv, Continental, Bosch Engineering, Harman Becker Automotive Systems, Forvia Faurecia, Marquardt, Cybellum, Cyres Consulting, EMQ Technologies, UL Solutions, Utimaco, VicOne, VWay, Itemis; Ford Motor, Stellantis, Volvo Cars, INRIX, Mercedes-Benz, Mercedes-Benz Trucks, Deutsche Telekom/T-Systems, Doppelio, 5G Automotive Association/5GAA, HiveMQ; General Motors/GM, Vayavya Labs, S&P Global/Standard and Poor's, Scania, Microsoft, Marelli, Eclipse Foundation to speak at event
November 22, 2023 | 12:17pm CETflashread more
Public Transport On-line 2023: Transport Telematics Association (SDT) to hold conference at Czechbus fair in Prague, Czechia on November 21, focusing on current trends and challenges of urban intelligent mobility. Representatives of MD, CDV, Deloitte Advisory, Operátor ICT, Chaps, Citya Mobility, Rekola, Škoda X, ROPID, Intens, XT-Card, Spel, Herman Systems či ZF Openmatics to speak at event
November 20, 2023 | 09:45am CETflashread more
Porsche Inter Auto (Volkswagen, Audi, SEAT, Škoda, Porsche, Bentley, Lamborghini, VW Commercial Vehicles, Seikel dealer in Prague, Pilsen, Brno, Olomouc, Hradec Králové, České Budějovice, Ostrava and Opava, Czechia) to build sales and service complex on plot of land of 19,000 sqm in Ořech near Prague, construction to be provided by Imos. Company to build second Porsche Center in Czech capital (according to Destination Porsche concept), moving Bentley and Lamborghini dealerships (720 sqm showrooms) and offices of Porsche Inter Auto CZ here from Smíchov. Heating and cooling of buildings to be solved by technology of concrete core activation, when energy is stored in sand base of base slab. Company plans to open site with two ultra-fast charging (UFC) stations with power of over 250 kW, number of AC and DC charging points at end of 2025
November 20, 2023 | 09:37am CETflashread more
Czechbus 2023: Bus Design (Mercedes-Benz, MAN), BusPlan (MB, Iveco, BMC, Otokar), Daimler Buses (MB, Setra), Kar Group (Iveco), MAN Truck & Bus (MAN, Neoplan), Mercus-Bus (MB, Volkswagen/MAN), Rošero-P (Iveco, MB), Scania, SOR, Škoda Electric, Turancar (Isuzu), Aixam Praha, AD Technik, Adus Technik, Anvi Trade, Asfinag Maut Service, Auto-Bus.cz, Buse, Bustec, Carling (RoadX), ČSAD SVT Praha, DPHMP, Eberspächer, eJoin CZ, Glaspo Trade (Dafo), Herman Systems, Miteral, Knorr-Bremse, Mikroelektronika, Mobileye, Molpir, Motorservis Švec, One System, Pakra ZF-Servis, Praklima, Pro-tec, SDT, Siems a Klein, Smar (ABB), Ster, Telma, VDT Technology, Vega Tour, ZF Friedrichshafen to join 12th bus, mass transport, telematics, service technology fair in Prague, Czechia (November 21-23)
November 16, 2023 | 05:58pm CETflashread more
ČSÚ: Car prices in Czechia down by 0.6% m/m in October, by 4.3% y/y (new: -0.1%, +4.4%; used: -0.9%, -9.4%). Inflation (consumer price index/CPI) in related areas developed differently – motorcycles (-1.2%, +0.7%), spare parts and accessories (-0.3%, +1.8%), fuels and oils (-0.2%, -7.3%), service works (+0.2%, +12.1%)
November 15, 2023 | 01:46pm CETflashread more
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