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CES (Consumer Electronics Show) 2025: More than 4,000 exhibitors (of which hundreds in Vehicle Tech and Advanced Mobility section) to join consumer electronics fair in Las Vegas, USA (January 5-10), including 3M, AGC, aiMotive, Alps Alpine, Amazon Automotive, American Axle & Manufacturing (AAM), Ams Osram, Applied Electric Vehicles (EV), Aptera Motors, Aptiv, Asahi Kasei Microdevices (AKM), Autel Energy, Autobrains Technologies, Autocrypt, Autofleet, AutoL, Autopedia, Autotalks, BANF Intelligent Tire System, BMW, Blink Charging, BoS Semiconductors, Bosch, Boston Consulting Group (BCG), BYD Lithium Battery Company, Bühler Motor, Capgemini, Carteav Technologies, Cedar Electronics, Cepton, Clarios, Continental Automotive, Cube Tracker, Danlaw, Dassault Systemes, Denso, Difon, Drivetech, DriveU.auto, dSpace, DXC Technology, Eaton, Electric Racing Automotive (ERA), Element, EY, Faurecia Aptoide Automotive, FEV, Garmin, Goodyear, Google, Here Technologies, Honda Motor, Hyundai Mobis, ZER01NE, Hyundai Motor, IBM, Infineon Technologies, Inova Semiconductors, Intel, Italdesign-Giugiaro, John Deere, Kautex Textron, Koito & NAL, Kubota, Kyocera AVX, LG Innotek, Magna, Mahle, Mercedes-Benz, Mitsubishi Electric, Mobileye, MotoSurf, Nextbase, Nvidia, NXP Semiconductors, Onsemi, OPmobility, Pioneer Electronics, PwC, Qualcomm, Quest, Renesas Electronics, Schaeffler, Sonatus, Sony Honda Mobility, STMicroelectronics, Sumitomo Rubber Industries, Suzuki Motor, Tata Technologies, TDK, Togg, TomTom, Toshiba, Toyota Motor, Uber, Valeo, Visteon, Volkswagen, Voro Motors, Waymo, Witte, Xing Mobility, Xpeng AeroHT, Yazaki Innovations and Zeiss Microoptics

January 3, 2025 | 12:57pm CETflash
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Coface CEE Top 500 Ranking 2024: Petrochemical and pharmaceutical industry (minerals, chemicals, petroleum, plastics & pharma; 86 largest firms, -2 y/y) in Central and Eastern European region (Bulgaria, Croatia, Czechia, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Serbia, Slovakia, Slovenia) increased turnover by 2.2% to EUR 282 billion in 2023 (2022: EUR 276 billion), number of employees grew by 3% to 403,900. Largest companies in sector include Orlen (EUR 85.9 billion, +34%; 66,554 people, +3%), MOL (EUR 23.27 billion, -5%; 24,769, +2%), OMV Petrom (EUR 6.8 billion, -40%; 7,228, -2%), Orlen Lietuva (EUR 6.43 billion, -15%; 1,492, +4%), Orlen Unipetrol RPA (EUR 6.29 billion, -21%; 3,180, +5%), Slovnaft (EUR 5.89 billion, -2%; 2,121, -2%), Aramco Fuels Poland (EUR 4.78 billion, +312%; 222, +11%), OMV Petrom Marketing (EUR 4.63 billion, -15%; 190, +2%), Lukoil Neftochim Burgas (EUR 4.42 billion, +297%; 1,245, -1%), BP Europa SE Oddzial w Polsce (EUR 4.08 billion, -21%; 259, +7%), Lukoil-Bulgaria (EUR 3.22 billion, -14%; 2,403, +0%), Čepro (EUR 3.16 billion, -14%; 829, +1%), Shell Polska (EUR 2.17 billion, -18%; 5,069, +4%), MOL Česká republika (EUR 2.09 billion, -7%; 189, -2%), MOL Romania Petroleum Products (EUR 1.84 billion, -1%; 259, +0%), OMV Hungária (EUR 1.74 billion, +6%; 62, +3%), MOL Polska (EUR 1.69 billion, -35%; 277, -13%), Saint-Gobain Innovative Materials Polska (EUR 1.6 billion, +1%; 7,300, +6%), Shell Hungary (EUR 1.04 billion, -6%; 99, +6%), Tank Ono (EUR 1 billion, -21%; 531, -1%), OMV Slovensko (EUR 963 million, -2%; 174, +2%), Shell Czech Republic (EUR 901 million, -12%; 81, +4%), MOL & INA (EUR 859 million, -21%; 67, -1%), Orlen Latvija (EUR 828 million, -24%; 10, +0%)

January 3, 2025 | 12:30pm CETflash
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Operating Sphere

Hyundai needs 150 more people for start of second shift in Nosovice

July 7, 2009 | 08:03pm CEToriginal
Therefore, the carmaker is going to intensify recruitment of new employees in July. Date of initiation of the second shift is not clear yet. Production on three shifts will begin on...
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CCS: Petrol became cheaper after seven weeks; litre costs CZK 29.03 on average

July 7, 2009 | 07:12pm CEToriginal
Diesel became also cheaper over the last week, namely by 12 hellers. It's due to the strengthening crown against the dollar and stagnant oil price in the world. In the next week...
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PSA Peugeot Citroen decreased sales by 17.5% in H1

July 7, 2009 | 06:39pm CEToriginal
Including cars in a dismantling state, which the carmaker supplies to the assembly abroad, sales decreased by 14%. The 2H sale could be supported by new models...
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Lear declared bankruptcy

July 7, 2009 | 05:55pm CEToriginal
The company within the reorganization intends to convert its debts of USD 3.6 billion to a combination of new debts, convertible shares and...
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Discussions of Alcoa Fujikura and trade unions brought no progress today, strike is ready to start

July 6, 2009 | 10:48pm CEToriginal
Talks about a higher compensation will continue on Tuesday. If there is no outcome, the strike might begin...
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Volkswagen increased sales by 6% in June, sale declined by 5.1% in H1

July 6, 2009 | 02:05pm CEToriginal
The global market fell by about 18 % in H1. Volkswagen CEO Martin Winterkorn assumes that this year there should be sold in the world...
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Japan began to solve problem with great silence of hybrid cars

July 6, 2009 | 01:39pm CEToriginal
Commission established by the Ministry of Transport has to compile a report regarding the problem until the end of the year. The result may be an obligation for carmakers...
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Hyundai increased total sales by 9.6% in June, thanks to domestic sales mainly

July 5, 2009 | 09:09pm CEToriginal
South Korean exports went down by 18.4% to 83,702 cars whereas sales of cars manufactured in foreign plants grew by...
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Even people affected by floods can acquire Citroen’s scrap bonus

July 5, 2009 | 08:25pm CEToriginal
Namely in case of either having their car insured or uninsured. Citroen’s scrap bonus in combination with the Bonus leasing has thus brought down price of the smallest Citroen to…
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Alcoa Fujikura unions in Stribro declared strike alert

July 5, 2009 | 05:18pm CEToriginal
If further negotiations of the compensation amount for dismissed workers are not successful, trade unionists are ready to go on strike...
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Chinese company BAIC also fighting for Opel besides RHJ

July 5, 2009 | 05:03pm CEToriginal
RHJ and BAIC submitted preliminary bids for Opel share and are still negotiating with GM. Binding offer...
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TPCA continues in production rise, production increased by 0.6% in H1

July 4, 2009 | 02:56pm CEToriginal
For this whole year, TPCA is again estimating the production growth compared to last year's 324,289 cars. It could be more than...
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Prices of new cars the lowest in history in Czech Rep, not to go down any more

July 4, 2009 | 12:36pm CEToriginal
More than 12 models are cheaper than CZK 200,000; prices of 50 other cars do not exceed CZK 250,000. Until winter prices of new cars will be...
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Seat: Scrap bonus to cause drop of new car sales to record-breaking minimum 2.6 million in Germany next year

July 4, 2009 | 11:51am CEToriginal
Sales grew by 40% in June—equally to May. In the next months the association VDIK expects...
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BMW to limit production in second half of the year too

July 4, 2009 | 11:03am CEToriginal
An exception is BMW plant in Dingolfing where production of a new car BMW 5 Gran Turismo will begin in autumn. In Q1 the carmaker managed with...
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Skoda Auto to invest in electric car development, Superb to be rebuilt

July 3, 2009 | 10:51pm CEToriginal
This is one of the activities of the Volkswagen Group in the field of alternative drives, which is working on the development of electric cars...
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Russian truck manufacturer Kamaz at risk of bankruptcy

July 3, 2009 | 03:18pm CEToriginal
The company has not observed the terms for repaying loans and its creditors can now apply for a preliminary pay-off. Kamaz would not solve it even by...
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Renocar opened first separate showroom of Mini in Czech Rep in Brno

July 2, 2009 | 07:19pm CEToriginal
The new Mini centre has grown next to BMW showroom. At the same time Renocar has opened another showroom in which sales of...
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Lear about to proclaim bankruptcy

July 2, 2009 | 07:14pm CEToriginal
Reorganization of the company will be supported by its creditors and bondholders. For financing its bankruptcy they will provide an amount...
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Head of Sberbank: Other candidates for Opel are out

July 2, 2009 | 06:59pm CEToriginal
The Chinese carmaker BAIC, the Belgian investment company RHJ and the Italian carmaker Fiat are among the interested persons in Opel purchase. BAIC should in the coming days...
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PSA to decrease number of media agencies to two out of six in Europe within cost reduction

July 2, 2009 | 06:24pm CEToriginal
Sole media service suppliers will be agencies Havas/MPG and OMD. Selection procedures will take place in three European countries...
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General Motors sales increased by 38% in China in H1

July 2, 2009 | 05:59pm CEToriginal
The carmaker sold there a total of 814,442 cars from January to June. For the whole year 2009 it expects to increase sales by...
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Serious financial problems are reason for PMG Finance group activities sale

July 1, 2009 | 10:36pm CEToriginal
Company AuTec Group is now consolidating by the consulting firm NSG Morison. As a part of the restructuring it will take place...
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TUV Sud merged activities for automotive and other industries and services in Czech Rep

July 1, 2009 | 10:22pm CEToriginal
This should bring greater efficiency and for customers more complex services. The acquiring company TUV Sud Czech has now two divisions...
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Employees of Alcoa Fujikura want to be compensated more for dismissals

July 1, 2009 | 09:54pm CEToriginal
Today's negotiations of the company with trade unions, which were preceded by a protest of about a half of the company's employees, did not bring any particular result. Another negotiation...
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SELECTED FLASH NEWS
Trešl: Hyundai considered deploying Xcient hydrogen trucks/tractors (FCEVs) to transport...
Auto UH Group (Fiat, Fiat Professional, Ford, Hyundai, Volkswagen, VW Commercial Vehicles...
AR Servis (Tibiq Automotive Holding; Škoda, Hyundai dealer in Jindřichův Hradec, Czechia)...
Car Importers Association (SDA), Statistics Austria (Bundesanstalt Statistik Österreich):...
Auto In (Ford, Volvo, Hyundai, Škoda, Kia, Mazda, Mitsubishi, MG dealer in Pardubice...
JATO Dynamics: Tesla (362,000 registered cars) was best-selling battery electric vehicle...
Witte Automotive (manufacturer of vehicle latch, locking, safety systems with 6,000...
ZAP: Spain was top country in productivity per employee in Europe in 2023 (13.4 vehicles...
Decotek Automotive (manufacturer of decorative car exterior trim components with 320...
e-Salon 2023: Police of Czech Republic shelved case when visitor (16 years old) of clean...
New brands (mainly Chinese) entering Czech market (2023: MG 150 g/km, +1 g/km y/y; Alpine...
Jahn: Škoda Auto could have sold more vehicles in 2023 (866,800 cars delivered to...
SDA: Vehicle fleet in Czechia up by 234,280 units (+2.68%) to 8.98 million in 2023...
SELECTED ARTICLES
Czech antitrust authority imposed fine on two car dealers for cartel
Shandong Linglong Tire wants to build two more plants, one in Europe
Chassix wants to build plant in Eastern Europe
SaarGummi plans further investment in Czech Rep
Samsung looking for suppliers on new type of EV batteries
King Long expands in Europe, established partner for Czech Rep and Slovakia
Toyoda Gosei to increase production in Europe
Kirchhoff Automotive looking for new suppliers
Hyundai expands operations in Central Europe
Uni Gasket to expand production in Europe
Vision & Strategy 2025: Brose to make global competence centre from Ostrava
Brano aims to develop its own electric vehicle, later might start producing it
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EXCHANGE RATES
1 EUR = 1.04 USD
1 EUR = 0.84 GBP
1 EUR = 0.94 CHF
1 EUR = 25.17 CZK
1 EUR = 4.21 PLN
1 EUR = 407.95 HUF
Source: ECB, January 31, 2025