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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

Dieselgate: Bosch launched internal investigation

February 3, 2016 | 11:26pm CEToriginal
Impacts, dependence on diesel technologies, preliminary results in 2015, estimated global car production in 2016…
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Volkswagen reduces production at two plants in Germany

February 2, 2016 | 11:48pm CEToriginal
Locations, reasons, models and components concerned, timing, HR...
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Toyota apparently negotiating partnership with Suzuki

February 2, 2016 | 11:16pm CEToriginal
The cooperation might also include a capital link of both companies. Possible areas of cooperation…
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Kovolis Hedvikov to build new plant in Czech Rep

February 1, 2016 | 11:54pm CEToriginal
Location, timing, reasons, production growth, moving of facilities, HR, business and financial results, products and clients, innovative technology of rheocasting, 200 years anniversary...
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Toyota to suspend car production in Japan

February 1, 2016 | 11:43pm CEToriginal
The reason is the lack of steel from the group supplier. Timing, the current daily output, results in 2015...
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Das RentAuto: Volkswagen dealers in Czech Rep rented vans and microbuses for thousand days in 2015

February 1, 2016 | 11:30pm CEToriginal
Detailed results, the number of participating dealers, fleet size and utilization, partnership with Pioneer Investments - Craft team...
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AAA Auto wants to take up more than 150 people in 2016

February 1, 2016 | 11:18pm CEToriginal
The countries concerned, positions, timing, bonuses for employees for staf recommendations...
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Ford Store: Ford chose six dealers in Czech Rep to sell premium products

January 31, 2016 | 11:49pm CEToriginal
Dealers, locations, inspiration for FordStore showrooms, Vignale individualization program for a number of models, Vignale manager for the Czech market...
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Toyota to apparently suspend producing cars in Japan

January 31, 2016 | 11:33pm CEToriginal
The reason is problems with one supplier. The company, measures, timing, cancellation of overtime shifts, the current daily output...
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Porsche Holding Salzburg increased sales by 6.5% in 2015, in Czech Rep even more

January 31, 2016 | 11:19pm CEToriginal
Deliveries, registrations, turnover, aftersales development, effects on the car repair field, new products in 2016, the campaign Think New...
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First free car rental established in Czech Rep

January 28, 2016 | 11:57pm CEToriginal
The company, location, fleet of Hyundai vehicles, the affected models, two versions of the rent (free, low cost), terms, prices, contract duration, GPS monitoring, website...
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Halla Visteon Climate Control changed its name to Hanon Systems

January 28, 2016 | 11:45pm CEToriginal
This happened after Visteon had finally sold Climate division to South Korean companies. The new corporate identity and slogan, personnel changes, the situation in the Czech Republic and Slovakia...
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CEZ E-mobility: CEZ to soon announce winner of tender for new supplier of charging stations

January 28, 2016 | 11:25pm CEToriginal
Participants, existing suppliers, issues, current and planned locations for fast charging stations, EV fleet and its financing, possible change in the tariff for electricity...
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EC proposed changes in vehicle approval methods

January 27, 2016 | 11:26pm CEToriginal
Greater independence of tests, changes for the national technical test rooms, control of certification authorities, stricter oversight of vehicles in operation...
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Volkswagen appointed new chief of plants in Slovakia

January 25, 2016 | 11:41pm CEToriginal
This happened because Albrecht Reimold is moving to another position within the Volkswagen Group. The new board chairman of Volkswagen Slovakia...
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Louda Auto continues its expansion in Czech Rep

January 21, 2016 | 11:56pm CEToriginal
The company has bought another multibrand dealer, several showrooms and enters other cities. Locations, brands, negotiations, sales plan for 2016, new positions in management...
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Volkswagen starts to use 3D smart glasses in mass production

January 21, 2016 | 11:50pm CEToriginal
The pilot plant, the first application in completion of parts for assembly, supplier and its clients, benefits, voluntary use, the spread of technology within the group...
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Bosch introduced pre-retirement reform in one plant in Czech Rep

January 21, 2016 | 11:39pm CEToriginal
Reasons, details of the social program, full wages for part-time jobs for longtime workers, interest of employees, discussions within the government...
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EWT Truck & Trailer introduced strategy by 2020

January 20, 2016 | 11:55pm CEToriginal
Within the strategy, it intends to implement several investments in Central and Eastern Europe for Schmitz Cargobull and Mercedes-Benz brands, including the Czech Republic. Locations, timing, HR, details...
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Volkswagen began offering branded insurance of VW, Audi and Seat cars in Czech Rep

January 20, 2016 | 11:33pm CEToriginal
The three partners of Volkswagen Financial Services, availability according to the method of acquisition, the possibility of arranging even for used cars, accessories coverage (extended warranty, service contract), innovation of Skoda Insurance…
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Manturov: Russia intends to strengthen support for automotive sector

January 19, 2016 | 11:38pm CEToriginal
The original volume for H1, planned increase, deciding on support for H2...
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Bilik: Czech leasing market grew by 7% in 2015, Arval more

January 19, 2016 | 02:28am CEToriginal
The exceeded plan, a portfolio of clients, HR, reduced network of service partners, operating leases for consumers, the target for 2016...
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Daimler returns to Iranian truck market

January 18, 2016 | 11:32pm CEToriginal
Foundation of a joint venture with two partners, CKD assembly, sale renewal, timing, return to the former JV, potential of the Fuso brand, activities in the field of components...
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Car Importers Association to start publishing statistics of vehicle financing in Czech Rep

January 18, 2016 | 02:32am CEToriginal
SDA also intends to clean up the registrations in terms of the influence of operating leases for consumers. Timing, partners, statistics by operator in 2015...
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New leasing company European Lease founded in Czech Rep

January 12, 2016 | 11:56pm CEToriginal
Services (operating leases, car rental, lease back, fleet management), target group, website, Facebook, company management, financing examples...
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