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• ŠKODA AUTO is the third-time number one out of all manufacturing companies
in the Deloitte CE Top 500
• The car producer ranked third highest across all sectors
• Comparison of the 500 highest-revenue companies across 18 Central-European
ŠKODA AUTO is the largest manufacturing company in Central Europe for the third time in a row. These are the results from the Deloitte CE Top 500 report. The study carried out by the auditing firm Deloitte is the largest study of its kind on the Central European economy. ŠKODA comes in at third place among all companies in the total rankings for the third time in a row. This current ranking is based on the company’s sales figures from 2012.
Among the current top 500 include a total of 84 Czech companies. ŠKODA’s top position as the largest manufacturing company in Central Europe and the third largest company in the region reflects the traditional car manufacturer’s outstanding development: “ŠKODA is an important part of the Czech economy and has become an internationally recognized volume manufacturer,” explains ŠKODA Board Member for HR Bohdan Wojnar. Step by step, ŠKODA are strengthening their position as a high-volume manufacturer and are significantly increasing sales and deliveries.
This is the seventh time that Deloitte have published the Top-500 list for Central Europe. Companies from a total of 18 countries were included in the study. According to this data, ŠKODA are right at the forefront: In 2012, the car manufacturer reported a turnover of 10.4 billion euros, making the Czech carmaker by far the highest-revenue manufacturing company in Central Europe. Delivering 939,200 vehicles, up 6.8% over 2011, the Czech manufacturer achieved a new sales record last year. Their operating profit was 712 million euros.
ŠKODA are set to grow in the years ahead: The aim of the 2018 growth strategy is to increase sales worldwide to at least 1.5 million per year. This was why ŠKODA launched the most comprehensive model campaign in their corporate history. In 2013 alone, the brand isbringing out eight new or completely revised models.
At the just finished Frankfurt Motor Show, the Czechs have presented two world premieres – the new ŠKODA Rapid Spaceback and the completely revised ŠKODA Yeti. The young compact Rapid Spaceback marks their entry into the strongest vehicle class in Europe – the compact hatch segment. There are now two versions of the compact SUV; the elegant and stylish ŠKODA Yeti for the city and the adventurous ŠKODA Yeti Outdoor.
As part of their growth plans, ŠKODA is set to expand in the international emerging markets of China, India, Russia and Europe. The company is investing heavily in the Czech home market to develop their market position in Europe. In 2012 alone, the company’s fixed asset investments increased by around 45% to a record 832 million euros; the vast majority of which was allotted to investments in the Czech Republic.
The main production plant in Mladá Boleslav has been extensively modernized and expanded to accommodate the production of the ŠKODA Rapid/Rapid Spaceback and the new ŠKODA Octavia. The Technology and Development Centre in Česana, which is near the headquarters in Mladá Boleslav, is currently being extended. Around 34 million euros have been invested in the construction of a new Powertrain Centre alone; this is one of the largest investments in development in the Czech Republic to date. ŠKODA is the only automobile manufacturer that produces and develops in the Czech Republic.
The importance of ŠKODA for the Czech economy is reflected in the numerous awards they have received; this year, the manufacturer won the ‘Czech Top 100’ competition for the 16thtime. The victory in the individual category of ‘most admired company’ also went to ŠKODA. At the end of 2012, the company was awarded ‘Investor of the past two decades’ in the Czech Republic.