Italys Iveco will move the production of Evadys buses to its Vysoke Myto plant in the Czech Republic from Anonay in France, the general manager of the Czech unit told Mlada Fronta daily. Following the transfer, Iveco Czech Republic will produce five lines of buses, the companys head Pavel Pachovsky said. Earlier this year, Iveco CR said it plans to expand production and create 450 jobs by the end of 2011. Iveco produced 2,177 buses in 2010, down by 13.8% y/y. The companys net profit dropped by 35.3% y/y to CZK 747mn (EUR 29.5mn) in 2010. Iveco CR is part of Iveco Irisbus, which has 27 production facilities and five research centres in 16 countries. |
Social Democrats (CDDS), the major Czech opposition party, proposed next year's general and European elections to be held on the same day, CTK news agency reported. CSSD leader Bohuslav Sobotka ... more
The Czech unit of UK retailer Tesco faces a fine of up to CZK 3mn (EUR 116,000) for selling beef lasagne containing undeclared horsemeat, Radio Prague reported. The state-run Agricultural and Food ... more
The upper house of the Czech parliament, the Senate, voted on March 20 a constitutional amendment to limit the immunity of lawmakers and constitutional judges, Radio Prague reported. Out of the ... more