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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

Toyota and PSA renewed recruitment for plant in Czech Rep after year

October 1, 2015 | 10:01pm CEToriginal
Reasons, demanded positions, current salary, recruitment through recruitment agencies, accommodation...
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Volkswagen appoints new head of Porsche brand

October 1, 2015 | 09:53pm CEToriginal
It happened after Matthias Muller was entrusted with the leadership of Volkswagen. The manager and his profile, further personnel changes within the group...
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Dieselgate: Czech Rep to perform emission tests of selected Volkswagen Group cars

September 30, 2015 | 11:00pm CEToriginal
Collaborating testing room, the engines and cars (Skoda, VW, Seat, Audi) concerned, solutions, voluntary recall, behaviour at MOTs, the impact on remarketing...
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Autocentrum Barth doubled number of brands offered

September 30, 2015 | 08:15pm CEToriginal
Extensive investments in two Czech cities, new brands (Aixam, Yamaha, Honda), new and upgraded showrooms, sales plan for 2015...
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Domansky opened another Hyundai showroom, second under new concept in Czech Rep

September 30, 2015 | 08:03pm CEToriginal
Location, the investment amount, HR, capacity of the service centre, sales plan, the continued implementation of new standards, the profile of the first showroom in Zlin...
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Dieselgate: EC prepares to reform system for approving new car models

September 30, 2015 | 12:58am CEToriginal
Timing, facilitation of cooperation and information exchange between Member States, a ban on the software manipulating emissions, the EPA action...
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Peter Hornig moved to another position within Scania

September 28, 2015 | 11:53pm CEToriginal
The new head of the Swedish truck and bus maker for the Czech Republic, Slovakia and Hungary, the current market position, his plans for Central Europe...
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Winfried Vahland to have new position within Volkswagen Group

September 28, 2015 | 11:21pm CEToriginal
The new head of Skoda Auto will be a manager of Porsche AG. His profile, Vahland's new challenges, Skoda brand growth over the last five years...
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Matthias Muller became new CEO of Volkswagen

September 28, 2015 | 11:13pm CEToriginal
He will continue to lead Porsche. Personnel changes in North America, independent investigation of Dieselgate, leaner management structure, analysts’ comments...
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Suzuki sold its stake in Volkswagen

September 28, 2015 | 10:49pm CEToriginal
This is part of the termination of the former partnership. The amount of the share, buyer, transaction value...
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Dieselgate: Control over US division of Volkswagen Group to be allegedly taken over by Skoda Auto top manager

September 25, 2015 | 05:07am CEToriginal
The Supervisory Board of Volkswagen should also decide on further personnel changes in the group on Friday, including the Porsche and Audi brands...
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BWI Group began construction of plant in Czech Rep

September 25, 2015 | 01:57am CEToriginal
Location, developer, size, HR, products, timing, reasons for the investment of the Chinese company, clients of the premium segment, partner recruitment agency...
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Dieselgate: CEO of Volkswagen Martin Winterkorn resigned

September 24, 2015 | 12:58am CEToriginal
Potential successors, the expansion of investigations to another engine, the Green Party accusation, shares growth after a two-day decline, the possible recall action in the Czech Republic, AutoSAP comment...
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Owners of Tukas Group to leave executive management of companies

September 24, 2015 | 12:38am CEToriginal
There has been the new CEO appointed, it is a manager with experience in leasing, insurance, and distribution of cars...
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Inteva Products to move production to Czech Rep

September 22, 2015 | 11:52pm CEToriginal
The original, contemplated and confirmed factory site, the reasons for the decision changes, the developer, HR, timing, products...
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Volkswagen: Software for engine control installed in 11 million cars of several brands

September 22, 2015 | 11:44pm CEToriginal
Attitudes and activities of individual countries and the EU, guidelines for dealers, the reaction of the stock markets, investors’ concerns, the impact on financial results...
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AutoSAP: Automakers, suppliers created over 4,000 jobs in Czech Rep over last year

September 21, 2015 | 11:09pm CEToriginal
R&D companies were also taking staff. The average wage in the automotive industry increased by a few percent, worker positions more than THP and managers...
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Schaeffler to enter stock exchange

September 21, 2015 | 10:58pm CEToriginal
Reasons, the size of the offered share, the number of shares, the expected proceeds from the IPO, timing, the subsequent allocation of funds...
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Czech Post cancelled contract that should have been won by Agrotec after winner resignation

September 21, 2015 | 10:49pm CEToriginal
The stated reasons, the size of the contract, connection with the prosecution of Agrotec, the expression of relevant subjects…
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Johnson Controls plans to lay off 3,000 people

September 21, 2015 | 01:25am CEToriginal
Reasons, timing, expected annual savings, current number of employees, sales of certain activities, the situation in the Czech Republic...
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Ford Garant: Ford launches program for sales of approved used cars in Czech Rep

September 21, 2015 | 01:15am CEToriginal
Localization of the global concept, the parameters of cars, partner for the guarantee, guaranteed exchange, requirements for dealers, offer, website, sales plan...
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Kostal wants to significantly increase production in Czech Rep by 2018

September 17, 2015 | 11:47pm CEToriginal
Contracts until 2025, the expected development of revenues, the profile of the two Czech plants, HR, products, customers...
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Tesla Experience: Business Lease started to provide branded operating lease on Tesla EVs in Europe

September 17, 2015 | 11:39pm CEToriginal
The countries concerned, models and versions, costing, pick-up service, home charger included in instalments, the current fleet of Tesla cars, Blue Care strategy...
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Suzuki bought share that was owned by Volkswagen back

September 17, 2015 | 11:29pm CEToriginal
Price, Volkswagen’s investment rate of return over 5 years, the response to the stock exchange on announcement of the transaction...
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AAA Auto to open second call centre

September 16, 2015 | 11:50pm CEToriginal
Location, reasons, competences, timing, HR, profile of the current call centre in Prague, parallel recruit for business and administrative positions, offered benefits...
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