(IN BRIEF) Škoda Auto is set to reveal its 2023 financial results and outline its strategic plans via livestream on Friday, March 15 at 10:00 CET. The event, broadcasted from Mladá Boleslav, will offer a sneak peek into Škoda’s upcoming … Read the full press release
Posted in Automotive, Business, Czech Republic, Economy, Financial, Industrial, Investment, Management, Media, News, Technology
Tagged 2023 Financial Results, BEV Design Concept, investment, ŠKODA AUTO
(IN BRIEF) Škoda Auto celebrates the completion of its new headquarters, the Laurin & Klement Kampus (LKK), in Mladá Boleslav, boasting state-of-the-art facilities designed to accommodate up to 2,000 employees. The interconnected complex, built within two years, aims to foster … Read the full press release
(IN BRIEF) Škoda Auto India has announced the development of an all-new compact SUV, marking the next phase of its product expansion strategy following the successful launches of the Kushaq and Slavia models. Scheduled for debut in the first half … Read the full press release
(IN BRIEF) Škoda Auto’s latest exhibition at the Škoda Museum in Mladá Boleslav highlights the company’s dedication to electrification and sustainability, running until June 16th. Featuring historical and current environmental projects, the exhibit details Škoda’s strategies to reduce emissions throughout … Read the full press release
Posted in Automotive, Business, Czech Republic, Environment, Financial, Industrial, Investment, Management, Media, News, Technology
Tagged electrification, Museum Exhibition, ŠKODA AUTO, sustainability
(IN BRIEF) The European Investment Bank Group’s Advisory Services, in collaboration with the Czech Ministries of Finance and Regional Development, is set to tackle the housing shortage affecting approximately 270,000 people in Czechia. The partnership aims to develop a strategic … Read the full press release
Posted in Business, Construction, Czech Republic, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged affordable housing, Czech Republic, Czechia, European Investment Bank, Ivan Bartoš, Kyriacos Kakouris, partnership, sustainability
(IN BRIEF) In 2023, the European Investment Bank Group (EIB Group) made significant investments totaling €1.88 billion in the Czech Republic, focusing on initiatives to enhance regional development, economic resilience, and environmental sustainability. The largest loan, amounting to €985 million, … Read the full press release
Posted in Banks, Business, Czech Republic, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged Czech Republic, Czechia, EIB Group, EIF, Greener Infrastructure, INNOVATION, investment, Kyriacos Kakouris, partnership, small businesses, SMEs, sustainability
(IN BRIEF) Škoda Auto has unveiled exterior sketches of the refreshed Octavia, the latest iteration of its iconic model that has achieved over seven million sales since its 1996 launch. The new Octavia features refined design elements, including updated headlights, … Read the full press release
Posted in Automotive, Czech Republic, Marketing
Tagged Octavia, Oliver Stefani, red dot award, ŠKODA AUTO
(IN BRIEF) Škoda is marking the 90th anniversary of the Superb’s production launch at the Rétromobile exhibition in Paris, featuring a diverse display of historic and contemporary vehicles. Among the highlights are the iconic Škoda Superb from different eras, the … Read the full press release
Posted in Automotive, Business, Czech Republic, Environment, Financial, France, Government, Industrial, Investment, Management, Media, News, Technology
Tagged 90th Anniversary, Andrea Frydlová, INNOVATION, Paris, Pierre Desjardins, Rétromobile Exhibition, ŠKODA, sustainability
(IN BRIEF) Škoda Auto has officially entered the Brunei market, inaugurating its first showroom in Bandar Seri Begawan alongside local partner T.C.Y. Motors. The carmaker is introducing models like the Octavia RS, Kodiaq Sportline from Europe, and the Indian-made Slavia … Read the full press release
Posted in Automotive, Business, Czech Republic, Economy, Financial, Government, Industrial, Investment, Management, News
Tagged Bandar Seri Begawan, Brunei Market, Martin Jahn, partnership, ŠKODA AUTO, T.C.Y. Motors
(IN BRIEF) Škoda Auto has commenced production of the updated Scala compact car and Kamiq city SUV at its Mladá Boleslav plant, introducing new equipment features and advanced assistant systems usually reserved for higher vehicle classes. Notably, sustainable materials are … Read the full press release
Posted in Automotive, Business, Czech Republic, Environment, Financial, Industrial, Investment, Management, News, Technology
Tagged Andreas Dick, Kamiq Models, SCALA, ŠKODA AUTO, sustainability
(IN BRIEF) ORLEN, an energy company, has experienced rapid expansion with acquisitions in Austria, Germany, Slovakia, and Hungary, increasing its foreign station count by nearly a third in the past year. They are finalizing the purchase of over 60 service … Read the full press release
Posted in Austria, Czech Republic, Energy, Gas & Oil, Germany, Hungary, Industrial, Investment, Lithuania, Poland, Slovakia
Tagged acquisitions, Austrocard, Daniel Obajtek, EV charging points, fuel stations, Hydrogen Refuelling Stations, MOL, OMV, ORLEN, Star Connect, Stop Cafe, Turmöl, Turmstrom
(IN BRIEF) Škoda Auto has begun series production of its second-generation Kodiaq SUV at the Kvasiny plant in the Czech Republic. The company invested €49 million to modernize and expand the production facilities, enabling the plant to produce up to … Read the full press release
Posted in Automotive, Czech Republic, Industrial, Technology
Tagged Andreas Dick, Czech Republic, Karoq SUV, KODIAQ, Kodiaq SUV, Kvasiny, ŠKODA AUTO, SUPERB, SUV, welding shop
(IN BRIEF) Škoda Auto is integrating the AI-based chatbot ChatGPT into its Laura voice assistant, enhancing the in-vehicle experience for customers. The chatbot, powered by Cerence Chat Pro, will be available in Škoda models based on MEB GP and MQB … Read the full press release
(IN BRIEF) Skanska is committing CZK 1 billion (approximately SEK 480 million) to fund the second phase of the Modransky cukrovar residential development project in Prague, Czech Republic. This phase will encompass 126 apartments and six commercial units, and it … Read the full press release
Posted in Business, Construction, Czech Republic, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, Sweden
Tagged eco-friendly, investment, partnership, Prague, residential project, Skanska
(IN BRIEF) Škoda Auto is embarking on a significant logistics transformation through Project ONE Log, aimed at implementing a unified logistics system using SAP technology. This move involves replacing various existing systems with a standardized SAP solution, streamlining logistics processes … Read the full press release
(IN BRIEF) Škoda Auto, known for its innovation in the digital realm, is reaching out to younger audiences by introducing its brand within the popular online video game Fortnite. The carmaker has crafted a unique gaming experience with the Fortnite … Read the full press release
Posted in Automotive, Business, Czech Republic, Entertainment, Industrial, Management, Media, News, Technology
Tagged 'Out of Bounds Odyssey', entertainment, Fortnite, Gen Z Gamers, partnership, ŠKODA AUTO
(IN BRIEF) Škoda Auto is furthering its collaboration with Allur in Kazakhstan, signing key agreements to solidify their partnership. The focus of this cooperation includes vehicle assembly from Semi Knocked Down (SKD) kits starting next year, exploring local production from … Read the full press release
(IN BRIEF) Crestyl Group has selected AFRY as the general designer for the Savarin Palace complex, a prominent urban development endeavor in the heart of Prague, Czech Republic. This project involves the revitalization of a historical area and has been … Read the full press release
Posted in Art & Culture, Business, Construction, Czech Republic, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged AFRY, Crestyl Group, Ivo Šimek, partnership, Prague, Redevelopment Project, Savarin Palace, Simon Johnson, sustainability, Thomas Heatherwick
(IN BRIEF) Škoda Auto has commenced the production of the fourth modern generation of the Superb at the Volkswagen brand plant in Bratislava, just four weeks after its global unveiling near Prague. This strategic move, relocating the Superb’s production from … Read the full press release
Posted in Automotive, Czech Republic, Industrial, Slovakia
Tagged Andreas Dick, Bratislava, ICE flagship model, Kvasiny, Mladá Boleslav, Octavia, ŠKODA AUTO, ŠKODA Superb, SUPERB, Volkswagen, Volkswagen Passat
(IN BRIEF) Czech and Ukrainian police, with support from Europol and Eurojust, have dismantled a prolific phishing gang responsible for defrauding victims across Europe of tens of millions of euros. The criminal group, which primarily targeted Czech victims, conducted voice … Read the full press release
Posted in Banks, Business, Czech Republic, Financial, Government, Industrial, Internet & Online, Law, Management, Netherlands, News, Security & Safety, Ukraine
Tagged Czech Police, Defrauding Victims, Eurojust, Europe, EUROPOL, partnership, Phishing Gang, Ukrainian Police, voice phishing
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