Business

Skoda Auto production line
Skoda Auto Extends Production Shutdown

Skoda Auto is extending its production shutdown at all three Czech factories due to the coronavirus pandemic until at least April 14. Initially, production was scheduled to resume on April 6. The employees were supposed to return to their jobs on Monday, April 6, but now they will return to work no earlier than Tuesday, […]

Kofola Sees 4% Growth In 2019

The Kofola beverage group’s revenue grew 4.1 percent to CZK 6.4 billion in 2019. EBIT rose by 2.9 percent to CZK 569.5 million and EBITDA by 5.9 percent to CZK 1.12 billion. “The last quarter, higher sales in the HoReCa segment (hotels, restaurants, and other food operations) and especially the brands Royal Crown Cola, Jupí […]

THK And Dura Halt Production

THK Rhythm Automotive Czech, a Dačice company that supplies parts for the automotive industry, will stop production for at least two weeks from 30 March. THK will finish the production this week. Next week production will stop for at least 14 days. Workers will be home at 70 percent salary. Production was stopped by Volkswagen […]