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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

Skoda Auto wants to strengthen shifts in paint shop of one plant in Czech Rep

February 22, 2016 | 12:17am CEToriginal
Reasons, attitude of trade unions, HR, discussion within collective bargaining, the next round...
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Dozens of companies from Czech Rep supply parts for new Skoda Superb

February 19, 2016 | 12:04am CEToriginal
These include A.Raymond, AGC, Benteler, Brano, Brisk, Construct, Continental, Fehrer, Gumotex, HP Pelzer, Klein Automotive, Koyo, Magna, Plastika, SaarGummi, TRW or Varroc...
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Unions and management of Hyundai Czech plant did not agree on new collective agreement

February 17, 2016 | 11:46pm CEToriginal
Meeting with a mediator as in 2014, the offer of Hyundai Motor Manufacturing Czech, recommendations of unions, timing, profit of the plant, wage comparison...
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Another Skoda dealer in Czech Rep changed owner

February 17, 2016 | 01:55am CEToriginal
The companies concerned and their profile, locations, timing, website...
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AutoNajem.cz: First comparison tool for brand operating leases established in Czech Rep

February 16, 2016 | 11:05pm CEToriginal
The author of the project, its history and other activities, the brands and models of cars and vans offered, partners, examples of offers...
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Schaeffler to invest almost EUR 100 million in Czech Rep

February 16, 2016 | 12:03am CEToriginal
Locations, investment incentives, timing, production area, HR, recruitment progress, products and clients…
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Dieselgate: Volkswagen decreased production in Mexico

February 15, 2016 | 11:17pm CEToriginal
Part of the cars destined for the US market come from the factory in Puebla. The models concerned, results in January...
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Antonin Charouz returns to automotive business

February 14, 2016 | 11:54pm CEToriginal
He adds two activities with Hyundai to the Mercedes-Benz dealership. The projects, companies, locations, collaboration with his son, the largest fleet sale of the Hyundai i10 in the Czech Republic...
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AvtoVAZ deepened loss, to ask shareholders for help

February 14, 2016 | 11:38pm CEToriginal
Exceptional costs for Renault, financial and business results in 2015, a four-day working week for all employees...
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New Kia dealership opened in Czech Rep

February 14, 2016 | 11:12pm CEToriginal
Location and history of the showroom, the dealer and his other activities, business and financial results in 2014-2015, own operating leases, dealer situation in the region...
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Bosch increased wages in one factory in Czech Rep

February 12, 2016 | 02:18am CEToriginal
The location, across-the-board increase in wage tariffs, further increases for selected personnel, costs, pension and accommodation contributions, new benefit program, HR...
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Continental bought half of A.T.U garages in Czech Rep, involving them in BestDrive network

February 12, 2016 | 02:03am CEToriginal
Locations, timing, continued optimization of the network of tire services, mobile service and its fleet, the number of members of the loyalty program...
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AutoBinck wants to buy some dealers in Central Europe

February 11, 2016 | 01:07am CEToriginal
Requirements, negotiations, allocated funds, the results of the holding company in 2015, car sales in the Czech Republic and Slovakia, planned investments of Auto Palace in 2016...
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Trade unions in Czech plant of Toyota and PSA require shorter shifts

February 11, 2016 | 12:48am CEToriginal
The current and proposed work week, employee survey, wage proposals...
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Defend Insurance Group agreed on new cooperation in Czech Rep

February 9, 2016 | 11:43pm CEToriginal
Cooperation relates to the insurance of failures of auto parts. Partner and its results in 2015, the product and its parameters, scope of coverage, performance limit, participation, prices...
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Car sales in Germany up by 3.3% in January

February 9, 2016 | 11:21pm CEToriginal
The slowdown of increase, registrations of individual brands, production and export...
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Volkswagen Financial Services made changes in fleet department in Czech Rep

February 8, 2016 | 11:38pm CEToriginal
The positions concerned, managers and their profiles, timing...
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First Jaguar and Land Rover showroom under new concept opened in Czech Rep

February 8, 2016 | 11:29pm CEToriginal
Location, dealer and its history, the amount of investments, HR, websites, cooperation with model Tatana Kucharova…
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Interest in operating leases by UniCredit in Czech Rep and Slovakia increased severalfold in 2015

February 8, 2016 | 11:15pm CEToriginal
A record year for the UniCredit Fleet Management division, reasons, results in both markets, the group synergies, HR, the plan for 2016, prepared on-line calculator...
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Renschler: Volkswagen Truck & Bus not excluding acquisition or IPO within growth context

February 8, 2016 | 11:06pm CEToriginal
Regions of interest, the objective of becoming the world leader, restructuring and possible division separation from the Group...
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Imofa expanded portfolio with two brands

February 8, 2016 | 03:45am CEToriginal
The brands concerned, partners, location of the showrooms, timing, demo cars, dealer situation in the Czech Republic...
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Polish head of Toyota appointed president for Central Europe

February 7, 2016 | 10:40pm CEToriginal
He will be responsible for four markets, while the former regional director was in charge of three. His profile, the new position of Shingo Kato...
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Irena Bandova joined BMW

February 3, 2016 | 11:50pm CEToriginal
In the Czech representation of the automaker she will be working in the marketing department with responsibility for two brands. Her new position...
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Ford intends to cancel hundreds of administrative jobs in Europe

February 3, 2016 | 11:41pm CEToriginal
The expected cost reduction, program of voluntary departures, locations, return to profit in 2015, expansion of the SUV offer, termination of the sale of low-profitable models...
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European Parliament endorsed compromise proposal to reduce emissions of cars

February 3, 2016 | 11:32pm CEToriginal
Vote postponment caused by MEPs' disputes and strong lobbying, rejection of a radical reform, generous tolerance, RDE introduction, statements of ACEA and other subjects...
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