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Operating Sphere+Region

UniCredit Leasing succeeded in tenders of two automakers in brand financing in Czech Rep

March 27, 2014 | 02:28am CEToriginal
One of them is Fiat Group with four brands. Expanding cooperations for the Czech and Slovak markets...
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Nexen Tire considers building plant in Czech Rep

March 27, 2014 | 01:35am CEToriginal
The final decision on the location of the first plant of the company in Europe has not yet been made. According to the Czech government, negotiations are still pending. Clients...
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Stackmann: Seat to expand model range by compact SUV

March 27, 2014 | 01:27am CEToriginal
Development in Spain, timing, the probable location of production, entry of Seat to a new and growing segment...
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Porsche to produce one model outside Germany for the first time in history

March 25, 2014 | 11:35pm CEToriginal
The model, reasons, the factories concerned, timing, part of the reorganization of production in the Volkswagen Group…
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Magneti Marelli to expand plant for car lights in Russia

March 25, 2014 | 11:15pm CEToriginal
Location, a new hall, investment amount, timing, HR, shift from assembly to manufacture, products and clients of Automotive Lighting...
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EC launched investigation of automotive exhausts manufacturers

March 25, 2014 | 10:58pm CEToriginal
Raids at several companies, including Faurecia, Eberspacher and Tenneco, suspected cartels, threatening fines...
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CarGarantie expanded cooperation with BMW in Europe

March 25, 2014 | 12:10am CEToriginal
This concerns extended warranty on motorcycles. Interested CEE countries, including the Czech Republic and Slovakia, details of CarGarantie Bike by BMW Motorrad...
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Employees of Hyundai’s Czech plant to get higher wages by at least 3.2%

March 24, 2014 | 11:40pm CEToriginal
Results after the 12th round, carmaker’s unilateral offer, continued negotiations for a new collective agreement before the agent...
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Russia intends to limit purchases of imported cars for state institutions

March 24, 2014 | 11:26pm CEToriginal
Timing, outlook of car sales in 2014, problems of the carmaker AvtoVAZ, government subsidies for R&D or HR...
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KYB to build R&D centre in Czech Rep

March 23, 2014 | 11:56pm CEToriginal
Location, five-year investment plan, production expansion, new hall, HR, wages, clients...
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Unions: Volkswagen offered shorter shifts and reduced wages to Slovak employees

March 23, 2014 | 11:50pm CEToriginal
The trade union refused that and threatened the company with a strike. Strike emergency, talks through an intermediary, the average salary in Volkswagen Slovakia in 2013...
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Toyota to pay USD 1.2 billion for completion of investigation in USA

March 23, 2014 | 11:39pm CEToriginal
The carmaker has admitted providing U.S. clients with misleading information about the problems contributing to unintended acceleration of cars. The lawsuits...
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Hyundai introduced several innovations in car sales in Czech Rep and Slovakia

March 20, 2014 | 11:36pm CEToriginal
New sites Hyundai.cz and Hyundai.sk, English version, the upgraded car configurator, tablets with the Showroom application for salespersons, supplier of IT solutions...
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Skoda Auto Vrchlabi trade unions to leave KOVO union

March 20, 2014 | 11:09pm CEToriginal
They are following a trade union in Mlada Boleslav. The situation in the carmaker’s third Czech factory, reduced membership fees, savings...
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Varroc to invest EUR 50 million in Czech Rep by 2016

March 19, 2014 | 11:48pm CEToriginal
Investment of Lighting Systems Division, locations, new technologies, expansion of automotive lighting production, R&D, HR, clients, support by CzechInvest...
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German court dismissed complaint of investment funds against Porsche SE

March 19, 2014 | 11:27pm CEToriginal
However, Porsche SE is facing other lawsuits in connection with the planned takeover of Volkswagen. Funds, required compensation...
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EC punished five companies for market cartel with automotive bearings

March 19, 2014 | 11:18pm CEToriginal
One company escaped a fine because it warned of the cartel. Time of secret talks on prices, producers concerned including Schaeffler, SKF and JTEKT...
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Hyundai Motor Group wants to expand production in Central Europe

March 19, 2014 | 03:06am CEToriginal
The automaker currently operates two plants in the Czech Republic and Slovakia (Hyundai, Kia). Details of investment, location, HR, models, production plans...
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Volkswagen to build new plant in Poland

March 18, 2014 | 11:38pm CEToriginal
The location, the amount of investment, the plant size, models produced, HR, timing, related personnel changes...
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Car sales in EU up by 8% in February

March 18, 2014 | 11:22pm CEToriginal
This is the sixth consecutive month of growth. Influences (warm winter, natural disasters), a decline in France, a significant growth of Skoda and Dacia brands, KPMG’s comment...
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JTEKT won several contracts in Koyo Bearings division, to ensure production in Czech Rep

March 18, 2014 | 12:19am CEToriginal
The plant in Olomouc therefore invested in two automatic lines. Projects and clients, changes in logistics, R&D centre...
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UniCredit to incorporate leasing companies into bank in Central Europe

March 17, 2014 | 10:46pm CEToriginal
This step was preceded by an integration of banking activities in the Czech Republic and Slovakia into one firm in 2013. The countries, details, timing, effects...
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PSA to introduce third shift in Sochaux

March 17, 2014 | 10:35pm CEToriginal
The reason is the high initial demand for the new Peugeot 308 and the production start of the station wagon. Timing, HR, growth in production, orders, new engines...
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Winterkorn (Volkswagen): Skoda Auto to produce another model in Kvasiny

March 16, 2014 | 11:57pm CEToriginal
Announcement of the new investment comes at a time when Skoda Auto is leading talks on a new collective agreement with the union. The alleged offer of the company after the 4th round of negotiations...
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BMW to move production of one model in Europe

March 16, 2014 | 11:42pm CEToriginal
The model, affected factories, timing, Strategy Number One, reduction of the number of platforms in the BMW Group, upcoming models...
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