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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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BMW Group assembles new team of designers

February 8, 2017 | 11:54pm CEToriginal
The arrival of the new BMW chief designer from the Volkswagen Group, the new head of the design team for BMW i and BMW M sub-brands, search for a new chief designer of the Mini brand...
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Kia replaced president in Czech Rep after two years

February 8, 2017 | 11:38pm CEToriginal
This happened shortly after the resignation of the Managing Director of the distribution company. The manager and his profile, Jae Woo Yim’s new job...
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Cebia Summary 2016: Czech used car market grew by 6.1% in 2016

February 8, 2017 | 11:28pm CEToriginal
Domestic sales as well as imports went up. Sales channels, the best-selling brands and models, the decline in prices, the impact of the EUR/CZK rate, results and changes in certified programs...
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Harley Extended Warranty: CarGarantie extended cooperation with Harley-Davidson in Europe

February 8, 2017 | 12:08am CEToriginal
The insurance company began offering extended warranties for new and used Harley-Davidson and Buell motorcycles in another Central European country. Parameters, details...
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Group of deputies wants to return charge for uninsured cars in Czech Rep back in law

February 7, 2017 | 11:49pm CEToriginal
The charge would again be sent to the Czech Insurers’ Bureau. The calculation of the contribution, making the obligation to have an insured vehicle more accurate, enforcing only part of the damage, the details of the amendment...
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Prague Municipal Police acquired Ford Ranger vehicles in tender

February 7, 2017 | 11:34pm CEToriginal
Now the police are looking for a company making special adjustments. The contract price, the use of vehicles, the upcoming tender for the purchase of motorcycles...
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Constellium to build second plant in Czech Rep

February 6, 2017 | 10:25pm CEToriginal
Location, amount of investment, capacity, timing, HR, recruitment start, R&D, aluminum products for European and US cars, including EVs...
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One manager returned to Scania after less than year

February 3, 2017 | 03:53am CEToriginal
Now, however, he will have greater responsibilities than before. His profile, position, timing, details...
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Porsche Inter Auto made several personnel changes in Czech Rep

February 3, 2017 | 03:38am CEToriginal
These relate to HR, PR and marketing. Rotation, timing, details…
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ZAP: Sales of new cars in Slovakia rose by 13.1% in 2016

February 2, 2017 | 03:38am CEToriginal
The demand for vans and trucks also increased, while the interest in buses decreased. The results of individual brands, registrations in December, ZAP outlook for 2017...
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WTO partially complied with EU complaint on Russian duties on commercial vehicles

January 31, 2017 | 11:28pm CEToriginal
Accepted and rejected arguments of the EU, the countries concerned, the amount of anti-dumping duties, expression of European Commissioner, one of many disputes since Russia has joined WTO...
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SMMT: Newly announced automotive investments in UK fell by 34% in 2016

January 30, 2017 | 11:49pm CEToriginal
The aftermath of the referendum on Brexit, production and export of cars and engines, the results of individual automakers, new models...
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Czech Rep announced second grant program call for EV purchase for companies

January 29, 2017 | 11:44pm CEToriginal
The amount allocated, the amount of aid, contributions on charging stations, regional restrictions, timing, results of the first grant program...
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Tatra appointed new CEO

January 27, 2017 | 01:05am CEToriginal
The manager and his profile, leaving of Martin Bednarz, timing, production in 2016, targets for the next period, investments in Koprivnice...
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Recticel Automotive stopped production in Czech plant after fire

January 25, 2017 | 11:31pm CEToriginal
The company is not yet able to estimate the extent of damage to the Most plant and its equipment, or the impact on future production. Products and clients...
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Volkswagen to make shutdowns at one plant in Germany

January 25, 2017 | 11:19pm CEToriginal
The reason is weak demand for one model. Location, the model, terms of the shutdowns, problematic markets, generational change of another model at the factory...
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Ceska zbrojovka increased sales in automotive division by 13% in 2016

January 25, 2017 | 12:12am CEToriginal
Deliveries to North America have a large share in it. The plan for 2017, a tender for one sales position...
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Hyundai won two tenders in Czech Rep

January 24, 2017 | 11:40pm CEToriginal
It will supply two state-owned companies with several hundred cars manufactured in Nosovice. The companies, participants of competitions, winning models, the number of vehicles, the value of contracts...
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Bosch appointed new sales director of automotive factory in Czech Rep

January 23, 2017 | 11:50pm CEToriginal
At the same time, it made changes in the structure of sales management in Central Europe. Locations, managers, staff rotation, timing...
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Non-public charging stations for EVs in Czech Rep not to fall under new law

January 23, 2017 | 11:31pm CEToriginal
The proposal for their registration due to taxes, details of the amendment to the Act on Fuels, final approval procedure...
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Recticel plant in Czech Rep hit by fire

January 22, 2017 | 11:53pm CEToriginal
Nobody was injured. Location, extent and the expected losses, new orders of Recticel Automotive factories in the Czech Republic...
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Ford to launch 13 electrified models by 2020

January 22, 2017 | 11:38pm CEToriginal
Electric and hybrid passenger cars and commercial vehicles, autonomous hybrid car, FordPass, testing, investments in North American factories, production moving of one model to Mexico...
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Platooning: DB Schenker and MAN agreed to develop and test truck drives in convoys

January 20, 2017 | 03:47am CEToriginal
Details of the autonomous mobility project, pilot highway, the deployment of self-driving vehicles, timing, positive effects (economic, security, environment)...
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Production of passenger cars and commercial vehicles in Poland increased by 2.8% in 2016

January 20, 2017 | 03:39am CEToriginal
The carmakers producing in the country are Fiat, Opel and Volkswagen. Results in December...
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Dangerous chemical leakage at Borgers plant in Czech Rep again

January 18, 2017 | 11:57pm CEToriginal
Nobody was injured. Location, cause of the accident, production resumption, long-term problems with chemicals...
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