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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

Fisker: After large sedan Karma and coupe-cabriolet Karma Sunset family sedan Nina to arrive in 2012

November 2, 2009 | 05:52pm CEToriginal
Production of this affordable plug-in hybrid will be carried out in GM’s former plant. Annual production and the price of the small sedan will be…
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Tatra agreed on cooperation with US producer or army vehicles Navistar Defense

November 2, 2009 | 03:17pm CEToriginal
Both companies will develop and manufacture a new line of off-road trucks. The cooperation will allow Tatra to establish itself not only in the US…
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Skoda Auto not to produce models Fabia and Roomster for three days before Christmas

October 30, 2009 | 08:51pm CEToriginal
At the same time engines will not be produced from December 21 until December 23. On the contrary, production of model Octavia slightly grew…
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MAN agreed to cooperate with Chinese truck manufacturer Sinotruk

October 30, 2009 | 08:38pm CEToriginal
Under the agreement, MAN will provide the Chinese company a license for engines, chassis, axles and other technologies. At the same time, MAN will obtain a share in Sinotruk...
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Auto Esa started offering used cars through video advertisements and 3D presentations as well

October 29, 2009 | 08:40pm CEToriginal
An engine sound can be heard in the video advertisement which is ended with an offer of financing and special offers. Regarding the 3D presentations, Auto Esa is cooperating with…
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EC proposed to lower emissions of delivery vans by 14% by 2016

October 29, 2009 | 05:52pm CEToriginal
By 2020 average emission of new delivery vans should go down to 135 g/km. Current delivery vans in EU emit on average…
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Ford chose Chinese company Geely for negotiation on selling carmaker Volvo Car

October 29, 2009 | 12:07pm CEToriginal
Other applicants for Volvo were US syndicate Crown and Chinese company BAIC. The selling price could reach…
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Sales of passenger cars in Britain up in September

October 28, 2009 | 07:37pm CEToriginal
Sales in Britain grew for the third month in a row already. Expanding the scrap bonus program can also help hold the demand in the end of this year...
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Daimler agreed with Kamaz on production and sales of Mercedes-Benz trucks in Russia

October 28, 2009 | 06:40pm CEToriginal
Therefore, it is further deepening of cooperation after a similar step made by brand Mitsubishi Fuso. The new joint venture should also sell…
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Employees of carmaker Porsche to receive lower bonuses over previous financial year

October 28, 2009 | 05:58pm CEToriginal
The carmaker’s employees received EUR 3,800 per person over the financial year 2007/2008 whereas over the year 2008/2009 the bonus will be…
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General Motors abandoned its effort to sell cars through eBay

October 28, 2009 | 04:20pm CEToriginal
The carmaker wanted to back up sales of its cars by means through the Internet but…
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AUTO 2009: Skoda Auto working on Euro 6 emission norm, wants to get CO2 under 90 g/km for model Fabia

October 26, 2009 | 11:37pm CEToriginal
Czech carmaker is also working on new types of cooling media for air-conditioning systems which should enter the market in…
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Brose not to build new plant in Trutnov, production to proceed in rented facility

October 26, 2009 | 10:36pm CEToriginal
The reason is economic crisis. Lots of 60,000 m2 in industrial zone Krkonosska reserved for Brose are now available…
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General Motors postponed Opel sale’s agreement signing to November

October 26, 2009 | 09:13pm CEToriginal
The market had expected the agreement signing just last week. The amended contract and the new circumstances have to be negotiated by the GM’s managing board at the meeting scheduled on...
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Volkswagen offers to rescue cabriolet manufacturer Karmann from bankruptcy

October 26, 2009 | 08:41pm CEToriginal
Karmann has been under protection against creditors since April. Ideas of both companies of the price are though too different. Nevertheless, Karmann is pushed by time…
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Companies to move from diesel motorizations to petrol ones

October 26, 2009 | 08:15pm CEToriginal
The difference in fuel consumption has declined more than in basic price. Another problem of diesel engines is diesel particulate filters (DPF)…
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Most of dismissed employees of Tatra to return to company next year

October 26, 2009 | 07:31pm CEToriginal
At the same time Tatra will introduce a four-day work week from November. Immediate leave by agreement is offset by compensation money…
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Jan Krob to be CSOB Leasing sales head as of January 2010

October 26, 2009 | 06:59pm CEToriginal
Krob comes to the leasing company from the parent CSOB. He replaced Radan Santora who...
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Spanish trade unions agreed with Magna to reduce number of redundancies in local Opel plant

October 26, 2009 | 04:49pm CEToriginal
Those should be not more than 900. Magna also promised not to make any significant changes in the factory Figueruelas untill...
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Skoda Auto to reduce production of model Fabia from January, employees to help in Kvasiny

October 26, 2009 | 02:51pm CEToriginal
The carmaker agreed with trade unions on introducing time account of work time as well. Demand for the model Fabia could rise in Q2 again…
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Nissan to also produce cars in plant of carmaker AvtoVAZ in Russia

October 25, 2009 | 09:47pm CEToriginal
Both carmakers together with Renault, which holds a 25% share in AvtoVAZ, are also considering a joint venture which would produce…
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Ford to build another plant in China, sales growing by tens of per cent there

October 23, 2009 | 04:19pm CEToriginal
It will be Ford’s third plant in China in which the carmaker will invest USD 490 million. The new plant will be built within a joint venture…
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Production of cars and LCVs in Czech Rep dropped by 4.5% in Q1-3

October 22, 2009 | 09:19pm CEToriginal
Skoda Auto decreased production by 22.3%, Tatra by 63.2%, Avia by 53.6%. Production of TPCA stagnated. Hyundai produced…
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Volkswagen to buy a 49.9% share of Porsche AG instead of 42% planned originally

October 22, 2009 | 01:32pm CEToriginal
Volkwagen also continues in planned cooperation with Porsche—delivering about one third of components for Porsche cars and wants to widen the cooperation further on…
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Opel’s cash could reportedly run short by mid-January

October 22, 2009 | 12:49pm CEToriginal
According to General Motors CEO Fritz Henderson, a final agreement on selling Opel will be signed…
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SELECTED FLASH NEWS
Trešl: Hyundai considered deploying Xcient hydrogen trucks/tractors (FCEVs) to transport...
Auto UH Group (Fiat, Fiat Professional, Ford, Hyundai, Volkswagen, VW Commercial Vehicles...
AR Servis (Tibiq Automotive Holding; Škoda, Hyundai dealer in Jindřichův Hradec, Czechia)...
Car Importers Association (SDA), Statistics Austria (Bundesanstalt Statistik Österreich):...
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ZAP: Spain was top country in productivity per employee in Europe in 2023 (13.4 vehicles...
Decotek Automotive (manufacturer of decorative car exterior trim components with 320...
e-Salon 2023: Police of Czech Republic shelved case when visitor (16 years old) of clean...
New brands (mainly Chinese) entering Czech market (2023: MG 150 g/km, +1 g/km y/y; Alpine...
Jahn: Škoda Auto could have sold more vehicles in 2023 (866,800 cars delivered to...
SDA: Vehicle fleet in Czechia up by 234,280 units (+2.68%) to 8.98 million in 2023...
Capgemini Engineering (formerly Altran Technologies) sold Czech branch (Altran CZ...
Porsche Classic: After relocation of Bentley and Lamborghini dealerships in Prague...
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SELECTED ARTICLES
Czech antitrust authority imposed fine on two car dealers for cartel
Shandong Linglong Tire wants to build two more plants, one in Europe
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SaarGummi plans further investment in Czech Rep
Samsung looking for suppliers on new type of EV batteries
King Long expands in Europe, established partner for Czech Rep and Slovakia
Toyoda Gosei to increase production in Europe
Kirchhoff Automotive looking for new suppliers
Hyundai expands operations in Central Europe
Uni Gasket to expand production in Europe
Vision & Strategy 2025: Brose to make global competence centre from Ostrava
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