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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

Audi to invest EUR 100 million in Hungary

October 20, 2015 | 02:39am CEToriginal
Location, products, HR, state aid, the production of cars and engines in the country in 2014...
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Code of Ethics: Hyundai affair affected Mitsubishi dealer network most

October 20, 2015 | 02:25am CEToriginal
Four partners have joined the network, one has left. One company exchanged the Hyundai brand for Mitsubishi under other circumstances...
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Autoclub of the Czech Republic: Amendment to Liability Insurnce Act does not envisage possibility of interruption

October 19, 2015 | 11:16pm CEToriginal
Extending the scope of activity outside public roads, damage liability insurance for work machines, electric wheelchairs, the negotiation phase...
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Tschirschnitz: BMW gradually expands e-mobility in CEE

October 18, 2015 | 11:34pm CEToriginal
The introduction of the BMW i brand in other countries, involvement in the project Central European Green Corridors, DriveNow car sharing, BMW eDrive plug-in hybrids, sales in the region...
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Dieselgate: Volkswagen considering number of scenarios in HR

October 18, 2015 | 11:17pm CEToriginal
Agency staff layoffs, reduction of temporary contracts, uses of the Kurzarbeit program, several months of decline in global sales...
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Das WeltAuto: Further sales outlets established in Czech Rep

October 18, 2015 | 10:55pm CEToriginal
The sales results in 2014-2015, the average price, autumn special offers, group’s warranty for used cars up to 7 years/200,000 km...
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Dieselgate: Compliance Manager from Daimler to join Volkswagen

October 18, 2015 | 10:47pm CEToriginal
Daimler has agreed to released her from contract early at the request of Volkswagen. Her profile, the new Chairman of the Supervisory Board, the new CFO, new head of Volkswagen Financial Services...
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BMW Group modernizes production network with help of digitalization

October 15, 2015 | 11:51pm CEToriginal
Six key areas, projects in various factories (SmartWatch, 3D models of plants, QR codes in the production process)...
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Albion Cars opened Jaguar and Land Rover dealership in Czech Rep

October 15, 2015 | 11:25pm CEToriginal
Location of the showroom, profile of the dealer, HR, management, sales plans, a large showroom for used cars of several brands with professional photo wall...
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Aston Martin wants to build new factory

October 14, 2015 | 11:57pm CEToriginal
Considered locations, upcoming models, restructuring and expansion, sales plans, cooperation with one automaker, HR, layoffs...
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Winfried Vahland to leave Volkswagen Group

October 14, 2015 | 11:38pm CEToriginal
Therefore, he will not take over the newly created function of the head of the group North America Region. Alleged and declared reasons...
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Dieselgate: Volkswagen to reduce planned investments by EUR 1 billion per year

October 13, 2015 | 11:30pm CEToriginal
Speeding up the process of cost reductions, changes in the model strategy, focus on EVs and HEVs, diesel cars only with SCR and AdBlue in some regions...
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TUV Sud: New Volkswagen Group vehicles meet emission standards

October 13, 2015 | 10:58pm CEToriginal
Tested models, other upcoming tests (simulating real traffic, cars of other brands), European activities, AutoSAP comment on the CO2 and NOx emissions…
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Dieselgate: Volkswagen plans extensive cost-cutting measures

October 12, 2015 | 11:52pm CEToriginal
These are to affect suppliers, employees, marketing, sponsorship and models. Revision of the planned investments, fall into the non-consolidated loss in 2015...
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Energeticky a prumyslovy holding to renew part of fleet with Opel vehicles

October 12, 2015 | 11:35pm CEToriginal
The volume of the contract, the cars and vans considered, timing, leasing partner, the largest fleet business of the carmaker in the Czech Republic and Slovakia in the last 10 years...
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Volvo Car to build plant in North America, to make it another export hub

October 12, 2015 | 10:54pm CEToriginal
Location, amount of investment, capacity, models produced, HR, timing, exports to overseas...
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Dieselgate: Another top manager of Skoda Auto to reportedly move to Volkswagen

October 8, 2015 | 11:04pm CEToriginal
It might happen after some executives of the Group have been suspended after the outbreak of the emissions scandal. Details...
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Skoda and Seat apparently will have patrons in Management Board of Volkswagen

October 8, 2015 | 02:23am CEToriginal
In contrast, VW and Audi have their direct representatives in the board of the group. Details of management decentralization, managers concerned, timing...
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Alain Visser to move to another position within Geely Group

October 7, 2015 | 11:28pm CEToriginal
The new head of the sales department at Volvo Cars has been appointed a manager of the firm cooperating with the automaker. Details...
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Volkswagen appointed new head of Seat

October 7, 2015 | 10:32pm CEToriginal
Reasons and context, the departure of a manager from the carmaker, rotation in the Volkswagen Group, the cancellation of one department, extension of the contract of one manager...
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McLaren to open first dealership in Central and Eastern Europe

October 6, 2015 | 11:42pm CEToriginal
Country, location of the showroom, partner and his other activities, timing, website, models and prices, dealer situation worldwide, including Europe...
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Tsubakimoto expands in CEE, to build second plant in Europe

October 6, 2015 | 11:06pm CEToriginal
Location close to a car plant and other interested parties, amount of investment, size and price of the land, products, HR, timing, the countries considered...
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Hyundai Dealer network in Czech Rep continues to develop dynamically

October 6, 2015 | 03:20am CEToriginal
Over the past year, several dealers ceased operation, while some new were established. Companies (long-time car dealers as well as new investors), locations, websites...
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Autocentrum Barth agreed to cooperate with another carmaker

October 6, 2015 | 02:55am CEToriginal
Brands concerned, new showrooms, locations, timing, expansion of the camper rental, other brands being considered…
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Dieselgate: Volkswagen to cancel shift in one engine plant, bank suspended recruitment

October 4, 2015 | 10:12pm CEToriginal
Location of the engine plant, EA189 diesel engines from several countries in Europe...
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