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Coface CEE Top 500 Ranking 2024: Automotive and transport industry (90 largest firms, +18 y/y) in Central and Eastern European region (Bulgaria, Croatia, Czechia, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Serbia, Slovakia, Slovenia) increased turnover by 16.8% to EUR 193 billion in 2023 (2022: EUR 165 billion), but number of employees decreased by 0.3% to 405,600. Largest companies in sector include Škoda Auto (EUR 23.45 billion, +31%; 34,884 people, -1%), Volkswagen Slovakia (EUR 11.76 billion, +21%; 10,566, -3%), Audi Hungaria (EUR 9.1 billion, +8%; 12,766, -1%), Kia Slovakia (EUR 8.01 billion, +19%; 3,607, +1%), Hyundai Motor Manufacturing Czech (EUR 7.64 billion, +13%; 2,852, +5%), Volkswagen Poznań (EUR 5.74 billion, +14%; 9,824, +4%), Automobile-Dacia/Renault (EUR 5.23 billion, +1%; 11,457, -6%), Mercedes-Benz Manufacturing Hungary (EUR 5.08 billion, +28%; 4,765, -1%), Toyota Central Europe (EUR 4.94 billion, +30%; 107, -4 %), Volkswagen Group Polska (EUR 4.93 billion, +35%; 644, +4%), FCA Poland/Stellantis (EUR 3.54 billion, +33%; 2,326, +5%), MAN Trucks Sp. z o.o. (EUR 3.41 billion, +68%; 2,245, +48%), PCA Slovakia (EUR 3.28 billion, -10%; 3,072, -13%), Toyota Motor Manufacturing Czech Republic (EUR 2.98 billion, -5%; 3,228, -9%), Magyar Suzuki (EUR 2.87 billion, +34%; 2,937, +3%), Continental Barum (EUR 2.85 billion, +0%; 4,374, +1%), Ford Otosan Romania (EUR 2.75 billion, -2%; 5,581, +0%), Mercedes-Benz Manufacturing Poland (EUR 2.62 billion, +24%; 1,384, +4%), PKP Polskie Linie Kolejowe (EUR 2.59 billion, +17%; 41,415, -1%), Mobis Automotive Czech (EUR 2.53 billion, +35%; 1,485, +16%), Polskie Linie Lotnicze LOT (EUR 2.33 billion, +22%; 1,240, -3%), Mercedes-Benz Polska (EUR 2.09 billion, +21%; 158, +0%), Mobis Slovakia (EUR 1.98 billion, +10%; 2,136, -0%), Continental Automotive Czech Republic (EUR 1.89 billion, +2%; 5,042, -17%), Volkswagen Motor Polska (EUR 1.88 billion, +33%; 1,254, +2%), BMW Vertriebs GmbH Sp. z o.o. Oddział w Polsce (EUR 1.67 billion, +14%; 74, -4%), Robert Bosch SRL (EUR 1.64 billion, +16%; 5,875, +13%) and other firms of Volvo, Scania/Traton, Porsche/Volkswagen, Iveco/CNH, Solaris/CAF, Michelin, Autoliv, ZF, Tigar Tyres, Motherson, Valeo, Sungwoo, Schaeffler, BorgWarner, Faurecia/Forvia, Pirelli, Auto Partner, Hankook, Lear, Brembo, Adient, Denso, České dráhy, PKP Intercity, Raben, DPP, Amazon, Arcturus, Havi, Tallink, Wielton, Plichta, Waberer’s groups. High labour costs encourage businesses to be more open to automatization, robotization and higher productivity levels that come with this, Coface said

November 25, 2024 | 11:34am CETflash
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Sycorex facility in Czech Rep hit by fire

May 12, 2017 | 12:03am CEToriginal
Nobody was injured. The location, cause of fire, extent and amount of damage...
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TUV Sud and UAMK established cooperation in Czech Rep

May 10, 2017 | 11:10pm CEToriginal
Content of the partnership, common communication activities, timing...
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Essens expands BMW car fleet

May 10, 2017 | 10:25pm CEToriginal
As a benefit, this Czech MLM firm also offers associates Peugeot cars. Models, numbers of cars, supplier-dealer, timing, operating lease…
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Tatra upgrades production line, increased production plan for 2017

May 9, 2017 | 11:54pm CEToriginal
In connection with this, the company needs to take on dozens of new employees. Details, demanded professions...
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Skoda Auto allegedly plans at least two products with Indian partner

May 9, 2017 | 11:16pm CEToriginal
The models concerned, timing, a recently signed memorandum of understanding...
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Car sales in UK dropped by 19.8% in April

May 8, 2017 | 11:30pm CEToriginal
The biggest fall over the last six years, reasons, interest in conventional drives, registrations for 4 months, commentary and outlook of SMMT, state control of responsible financing...
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Skoda Auto and unions agreed on new collective agreement in Czech Rep

May 4, 2017 | 11:49pm CEToriginal
Reduction of overtimes within flexible account shifts, extension of thermal breaks, increase in bonuses and bonus, payment of wages in the event of illness, investment in working conditions...
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Bosch to sell starters division

May 2, 2017 | 11:57pm CEToriginal
The transaction still has to be approved by antitrust authorities. Buyers, price, profile of the division...
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The Chamber od Deputies supported fee renewal for uninsured cars in Czech Rep

May 1, 2017 | 11:49pm CEToriginal
If the deputies manage to discuss the proposal before elections, the Senate will have it. The attitude of the government to the amendment...
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Toyota to maintain US investment framework for next 5 years

May 1, 2017 | 11:35pm CEToriginal
Planned volume of funds, redesigning of the Georgetown plant, factory production in 2016, HR, new generation of the Toyota Camry...
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Volkswagen allegedly considers selling Ducati

April 28, 2017 | 01:21am CEToriginal
The carmaker commissioned a consulting firm to assess how to handle Ducati. Reaching potential buyers...
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AutoBinck looking for new Auto Palace head for Czech Rep and Slovakia

April 27, 2017 | 01:15am CEToriginal
The current Managing Director of the Retail Division on both markets, Ralph Howie, has decided to take a new challenge outside Europe...
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PSA extended three-shift operation in one plant

April 27, 2017 | 01:05am CEToriginal
Location, timing, reasons, HR, partner personnel agencies, manufactured models, orders...
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Havex and Imofa increased car sales by 6.9% in 2016

April 26, 2017 | 01:01am CEToriginal
Record year, sales of new and used vehicles, interest in individual brands, investment in modernization of showrooms, plan for 2017, fleet business, online service calculator...
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Magna won contracts for Jaguar and Toyota EVs

April 24, 2017 | 11:28pm CEToriginal
They have been added to the production for BMW EVs. Deliveries from the Czech Republic, location, components, HR, work offer to young people from children's homes, scholarship program and internships...
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Autobond grew at double-digit pace in 2016

April 24, 2017 | 11:12pm CEToriginal
Revenues, new and used car sales, results of individual brands, extension of Bond Rent, entry into the 7th city in the Czech Republic, establishment of the first subsidiary, organizational changes, plan for 2017...
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PSA published actual car consumption data

April 24, 2017 | 10:54pm CEToriginal
Models and versions concerned, real consumption calculator in the first six European countries, cooperation with non-governmental organizations, Bureau Veritas overseeing...
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Skoda has Future: Skoda launched advertising portal in Czech Rep with job offers in dealerships

April 23, 2017 | 11:57pm CEToriginal
Filtering options, current offer of vacancies in the network of 230 car showrooms and service shops, the most demanded professions, the offer of practical training for students...
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VZP wants to expand in car insurance

April 23, 2017 | 11:48pm CEToriginal
CNB damage liability license for a subsidiary, enhancement of equity, present and new products, timing, clients, business plans, target group...
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Czech Leasing and Financial Association elected Board of Directors for next two years

April 21, 2017 | 12:52am CEToriginal
Libor Bosak has been elected for the second time. Vice-Chairmans and Members of the Board...
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BMW to lend 11 EVs to police in Czech Rep

April 19, 2017 | 10:53pm CEToriginal
Models, locations, use, timing, participating dealers, police fleet renewal with green vehicles...
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Marchionne: FCA no longer seeks partner for further merger

April 18, 2017 | 11:39pm CEToriginal
The Italian carmaker will focus on developing its business plan. The plan to reduce debt, uncertainty...
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AutoBinck appointed new Marketing and PR Manager of Mitsubishi Motors in Czech Rep

April 18, 2017 | 12:08am CEToriginal
He has experience from several Asian car brand importers. His profile, timing...
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Car sales in Germany rose by 11.4% in March

April 17, 2017 | 11:45pm CEToriginal
Growth was also seen in production and export. The influence of number of working days, demand for individual brands, orders, results in Q1...
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Prague Municipal Police to acquire 66 new vehicles, mostly of Hyundai brand

April 13, 2017 | 01:58am CEToriginal
Apart from Hyundai cars these will be the VW and Ford minibuses and vans. Number of vehicles, winning prices…
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