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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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Changes

Bohdan Wojnar became new president of Czech Automotive Industry Association

December 20, 2016 | 11:41pm CEToriginal
He has been elected for a longer period than his predecessor Martin Jahn. The new vice president and two members of the Board of Directors, the Lifetime Achievement Award...
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Hyundai launched sale of EVs and HEVs in Czech Rep

December 20, 2016 | 11:21pm CEToriginal
The Ioniq will be offered by selected dealers. Versions, specifications, warranty, prices, timing, microsite, business objectives, hydrogen drive…
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Slovakia subsidized purchase of 50 EVs and HEVs over month

December 20, 2016 | 03:28am CEToriginal
This represents approximately the annual sales of electric vehicles in the country. Most desirable cars and drives, ZAP evaluation…
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Ford aims to strengthen dealer network in Czech Rep

December 18, 2016 | 10:21pm CEToriginal
The current and intended state, demanded locations in Bohemia and Moravia, the current model range, benefits...
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BP changed distribution strategy of Castrol lubricants in Europe

December 18, 2016 | 10:05pm CEToriginal
Recently, the implementation has taken place in Central Europe. Newly designated distributors Servind, Stahlgruber, Rhiag or Inter Cars, B2B clients, changes for brand service centres...
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Kaplan: Innogy to expand CNG stations network in Czech Rep by 50% in 2017

December 18, 2016 | 09:43pm CEToriginal
Planned investments, new filling machines in 2016, collaboration with Benzina, a new Innogy brand for part of the RWE activities...
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Chinese companies apparently lost interest in Osram

December 16, 2016 | 03:29am CEToriginal
They respond to growing political resistance to investments from China, which is evident in Germany and the USA. The companies did not comment on the information. Interest in the Siemens's share...
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Car sales in Germany rose by 1.5% in November

December 16, 2016 | 12:18am CEToriginal
Production and exports also recorded a growth. Registrations of individual brands, results in 11 months...
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Government approved measures to improve fleet in Czech Rep

December 14, 2016 | 11:49pm CEToriginal
The agreement of ministries, an analysis, support for the purchase of green cars and vans in the state administration, contribution to disposal of aged vehicles, bonuses and maluses in registrations, low-emission zones in cities...
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FairPlayAuto began to resell used luxury cars

December 14, 2016 | 11:38pm CEToriginal
It happened after two years of existence of the Internet company. The founders of the start-up, innovative website, business model, partners, the results so far...
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Only one candidate for president of Czech Automotive Industry Association

December 13, 2016 | 11:57pm CEToriginal
He may not be elected next week though. Other items on the agenda of the meeting of AutoSAP Board of Directors...
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Audi chose new PR specialist in Czech Rep

December 13, 2016 | 11:38pm CEToriginal
He joins the premium brand, leaving two exclusive. He also has experience from motorsports, in which Audi is involved. His profile, timing...
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Petr Neuman to leave Emil Frey

December 12, 2016 | 11:57pm CEToriginal
He will retire from this Swiss company after 25 years, founding and leading not only the Subaru distributor in the Czech Republic. Reasons, his successor with experience from many automakers...
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Toyota appointed new head of joint venture in Czech Rep

December 12, 2016 | 11:40pm CEToriginal
It is a planned personnel change of Kenta Koide, who held the post for four years. His successor, Koide's new job...
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Skoda Auto won major contract in Czech Rep

December 12, 2016 | 11:29pm CEToriginal
It beat three dealers in the tender. The client, number and value of cars, models and specifications, warranty, tendered wholesale discount, timing, details of the contract...
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Car of the Year 2017 in Czech Rep: Car Importers Association wants to enhance poll

December 12, 2016 | 12:39am CEToriginal
However, in the tender declared the association yet confirmed the existing agency, which in recent years contributes to the decline of the competition. Better media coverage, the changes among the sponsors...
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Dieselgate: EC started legal action against seven countries due to car emissions

December 8, 2016 | 11:56pm CEToriginal
While there is lack of related legislation in the Czech Republic, Lithuania and Greece, four Western European states have it, having not applied sanctions. The reaction of individual countries...
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Kia to double investments in Slovakia in 2017

December 8, 2016 | 03:02am CEToriginal
Investments in the Zilina plant in 2016, the plan for 2017, HR, logistics, models, the most popular colours, the 10-year anniversary of production...
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Porsche Inter Auto appointed new head in Czech Rep

December 7, 2016 | 03:55am CEToriginal
Christian Lang returns to the headquarters in Austria after five years, where he will take up the position with responsibility for multiple countries. Details…
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Caara.cz: Another service for purchase and sale of proven used cars via Internet established in Czech Rep

December 7, 2016 | 03:33am CEToriginal
Authors and investors of the start-up, its business model, benefits, guarantees, technical analysis of cars, the offer, partners, expansion throughout the country, sales plans...
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Toyota and PSA cut night shifts in Czech plant

December 7, 2016 | 03:21am CEToriginal
Parts of TPCA staff do not like it because their work week expands by one day. Related measures, a research of a US university...
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Volvo Car looking for new dealer for one site in Czech Rep

December 6, 2016 | 12:09am CEToriginal
The affected city and dealer situation there, the details of the tender, requirements, timing...
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Louda Auto intends to grow by 15% in 2017

December 5, 2016 | 11:56pm CEToriginal
A new branch in Prague will help it. The location, investment, brands, HR, services, private off-road track, spare car billed by hours, Louda Racing Camp, partnership with HC Sparta Praha...
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Hyundai Lifetime MapCare: Hyundai unveiled new navigation upgrades in Europe

December 5, 2016 | 11:28pm CEToriginal
Partner, affected new and older cars, the amount of customer savings, expansion of free updates in the Czech Republic to 10 years...
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Hyunnam Automotive to expand plant in Slovakia

December 4, 2016 | 11:55pm CEToriginal
The location, amount of investment, a new hall and technology, product portfolio expansion, HR, timing, clients, investment incentives, closing a trade office in the Czech Republic...
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