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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

Unions and management of Czech plant of Toyota and PSA agreed on new collective agreement

August 23, 2016 | 11:39pm CEToriginal
Validity longer than one year, the 13th salary increase, the introduction of a bonus for the amount of cars produced, senior program, new shift model, timing...
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Dispute of Volkswagen with two suppliers affected one plant in Slovakia

August 23, 2016 | 11:29pm CEToriginal
Location, products, number of employees affected by the restrictions on production...
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Volkswagen dispute with two suppliers also affected one plant in Czech Rep

August 22, 2016 | 11:57pm CEToriginal
Location, concerned operation, missing components, the threat of restrictions on the production of Skoda cars, statement of the Czech automaker...
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Lack of parts from two suppliers threatens production of cars and components in six Volkswagen plants in Germany

August 22, 2016 | 11:48pm CEToriginal
The affected factories and models, timing, HR, a dispute over the cancelled contract worth hundreds of millions of euros, criticism of the supply system of components...
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Prague announced tender for renewal of part of municipal police fleet

August 22, 2016 | 11:34pm CEToriginal
The size of the contract divided into several parts, types and numbers of vehicles, estimated value...
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Kirchhoff Automotive looking for new suppliers

August 21, 2016 | 11:53pm CEToriginal
Requested product, details of a tender, timing, mediation by CzechTrade, a meeting with potential suppliers in the Czech Republic...
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Volkswagen to interrupt production of Golf and Golf Sportsvan in Germany

August 21, 2016 | 11:38pm CEToriginal
Two suppliers continue to refuse to comply with the preliminary injunction by the court. Declared reasons, further possible steps of the carmaker, details...
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Brexit: Opel to cut production in Germany

August 21, 2016 | 11:24pm CEToriginal
The affected plants and models, the decline in demand in Great Britain, the weak pound, estimated losses, the need to reduce costs in Europe, the threat of termination of production in the UK...
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Prevent Group strengthens its position in automotive industry

August 21, 2016 | 11:11pm CEToriginal
The company bought two German automotive suppliers. The affected firms, their profile, products, clients, HR...
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Volkswagen reduced production in Germany

August 18, 2016 | 11:49pm CEToriginal
The reason is disputes with two suppliers. The firms, components, factories, models, HR, timing, preliminary injunction by the court, searching for another suppliers...
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Toyota Motor appointed new PR manager in Czech Rep

August 18, 2016 | 11:33pm CEToriginal
She will be responsible for both brands, coming to the Japanese automaker from an Austrian financial group. Details, Michal Velicka...
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Sixt recorded several personnel changes in Czech Rep

August 17, 2016 | 11:52pm CEToriginal
Two former managers of a competing company joined the Czech license holder of Sixt, while one left to a dealer. Details…
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AvtoVAZ to cut production again

August 17, 2016 | 11:34pm CEToriginal
This is due to continuing demand decline for cars in Russia. Details of the measure, timing, sales of Lada cars in 2016...
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Supreme Court: Companies obliged to return interests of credits with poorly calculated APR to clients

August 17, 2016 | 11:27pm CEToriginal
However, Supreme Court did not address the correctness of APR calculations and delegated it to the lower courts. Details of the verdict, the threat of lawsuits from customers...
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Rehau to expand one plant in Czech Rep

August 16, 2016 | 11:56pm CEToriginal
Location, new premises, installed machines, HR, timing, products and clients...
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Martin Jahn might leave post of president of Czech Automotive Industry Association

August 16, 2016 | 11:42pm CEToriginal
Volkswagen has moved him from Germany to China. His tasks at the world's largest market, 2016 sales plans...
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Anton Fischer ceased car sales

August 15, 2016 | 11:43pm CEToriginal
Hyundai showrooms in South Bohemia were taken over by another dealer, who has operated only at one location so far. Details…
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Martin Jahn moved to Asia within Volkswagen Group

August 10, 2016 | 11:57pm CEToriginal
It happened after six years at the headquarters of the German carmaker and a few months after electing as the president of the Czech Automotive Industry Association for the next two years...
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Audi recorded changes in marketing in Czech Rep

August 10, 2016 | 11:08pm CEToriginal
One specialist left, his function has been taken over by a long-time employee of Porsche Czech Republic. A related tender...
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Nokian Tyres expanded cooperation with McCann

August 10, 2016 | 01:03am CEToriginal
In addition to the marketing campaigns, PR communication in several European countries have been added. The states concerned, including the Czech Republic, Czech PR team, former PR agency...
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Skoda wants to strengthen sale of quality used cars at dealerships

August 9, 2016 | 02:38am CEToriginal
The expansion of the Skoda Plus program to other countries, the introduction of new standards, modernization of sales points (Easy Entry, Car Port, Showroom), construction of showrooms, sales results in H1...
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Bridgestone chose new EMEA head

August 8, 2016 | 11:19pm CEToriginal
He is coming to the Japanese tire manufacturer from a competing firm. Franco Annunziato was charged to lead a different region...
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CarGarantie expanded Management Board, appointing new Sales Director

August 7, 2016 | 11:57pm CEToriginal
He will be responsible for expansion in Europe and especially in Asia. It is a former Nissan manager...
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Car sales in Germany fell by 3.9% in July

August 7, 2016 | 11:30pm CEToriginal
Orders, production and exports also recorded a decline. Influence of the number of working days and company holidays, registrations of individual brands, results over seven months...
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Cooper Standard to build second plant in Czech Rep

August 5, 2016 | 02:51am CEToriginal
Location, amount of investment, products, timing, HR, offered positions and wages, two phases of development, planned production volume, CzechInvest assistance, changes in the existing factory...
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