News
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03.11.2008
PMP Components acquires Czech PAL International
... MUMBAI: Ashok Piramal group company, PMP Components, on Wednesday announced the acquisition of Czech Republic-based PAL International which would give it a 7 per cent share in the European market. This is PMP Components` second European acquisitio ... -
29.10.2008
Czech aviation company Evektor in talks about production in India
... Czech aviation company Evektor is leading talks about production possibilities in India. It wants to produce the four-seat VUT 100 Cobra plane and the 12-seat EV 55 Outback plane. The company’s director, Václav Zajíc, stated that the company is lead ... -
29.10.2008
Bharat Heavy Electronics (Bhel) is interested in Czech Škoda Power
... Indian energy company Bharat Heavy Electronics (Bhel) has demonstrated an interest in Czech Škoda Power. The owner of Škoda Holding is considering the entry of a strategic partner to help increase the company’s value. According to a member of Bhel’s ... -
24.10.2008
Inekon to build cement works worth EUR 190 mil. in Egypt
... Czech company Inekon Group, exporting complete plants, industrial equipment and railway vehicles, will build cement works worth about EUR 190 mil. in Egypt under a contract signed on Wednesday, the company told CTK in a press release today. Inekon ... -
14.10.2008
Motorpal opening branch in India
... Motorpal, the Czech based producer of injection systems for diesel engines, will create branches in Russia and India in October and November. This is due to increased demand for the company’s products on these markets as well as in China. A decline ... -
09.10.2008
Automaker Tatra appointed Pavel Štefka as a consultant
... Automaker Tatra appointed Pavel Štefka, a reserve army general and former chief of staff of the Czech Army, a consultant to the board of directors for its international defense program. Štefka will help Tatra and its American branch Tatra-Americas l ... -
09.10.2008
Exports of military material from the Czech Republic have grown dramatically
... In 2007 exports of military material from the Czech Republic totaled EUR 174.7 mln; this represents a y/y increase of 87 % and the best result since 1994. Military material worth EUR 41.9 mln was exported to EU countries; the largest share went to S ... -
03.10.2008
Brano creates a joint venture in China
... Czech automobile component manufacturer Brano signed an agreement on the creation of a joint venture with its Chinese partner two weeks ago. It should carry the name Brano-Baolu and be created in Shanghai and produce auto lifts, pedals, and lock sys ... -
12.09.2008
Czech-Indian trade is going to grow
... India’s minister of industry and trade, Kamal Nath, stated that he would like to double Czech-Indian trade within three years. According to the minister, turnover could exceed CZK 1 bln as early as this year. He primarily sees opportunities in the a ... -
10.09.2008
Ashok considering further investments in Czech Republic
... Industrial group Ashok Leyland, which bought the Czech car maker Avia in 2006, is considering further investments in the Czech Republic, company CEO R. Seshasayee said at the Czech-Indian business forum in Prague Wednesday. Seshasayee said Ashok Le ... -
08.09.2008
Czech Skoda Auto considering cheap car for Indian market
... Czech car giant Skoda Auto is mulling whether to produce a new cheap car aimed at the massive Indian market, its spokesman told the media on Monday. "It is true, but everything is still at the stage of being under consideration," Jaroslav Cerny sa ... -
04.09.2008
New Skoda Power project for Cuba
... The Czech Skoda Power, which is also active in India, has signed a contract for the delivery of a 150MW turbine for Cuba’s Boca de Jaruco power plant. Its customer is local company Energas, in which Canadian Sherritt International Corporation holds ... -
02.09.2008
Skoda sales up in August in India
... Skoda India, the fully-owned subsidiary of Skoda Auto of the Czech Republic on Monday reported a 22.6 per cent growth in car sales in August. The company said in a statement that it sold 1,103 units last month, as compared to 900 units in the same ... -
02.09.2008
The most important event of the Czech industry – now for the fiftieth time!
... The legend of the International Engineering Fair was born in late 1950’s, at a time when the Czechoslovak engineering was very high and had great export success. It was also the first time since the communist revolution when the door opened for econ ... -
29.08.2008
Czech Republic woos Indian companies to invest
... Czech Republic today invited Indian companies to invest in its potential sectors to further strengthen the mutual trade that has grown by 42 per cent in the first half of 2008. "We invite the Indian corporates to invest in several potential sector ...
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