Article Abstract:
Galena (Opava, Czech Republic), pharmaceutical firm, saw an after-tax profit of 166 mil Kc in 1999 compared to a loss of 265 mil Kc in 1998. The firm's proceeds increased by 37% to 2.187 bil Kc in 1999 compared to 1.6 bil Kc in 1998. Its proceeds from exports rose by 56% to 1.489 bil Kc in 1999 compared to 953 mil Kc in 1998. Galena's most important market is the Czech Republic where 32% of the firm's total sales are done. The firm's total investments were 278 mil Kc in 1999. In 1999 Galena completed an investment of 302 mil Kc in the project Cyclosporin.
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Article Abstract:
Kazeto (Prerov, Czech Republic), suitcase cardboard and products manufacturer, expects a turnover of 290 mil Kc for 1999. The sum is 73 mil Kc higher compared to 1997. The firm exports about 95% of its production. It has over 500 employees currently. It produces 450 t of raw cardboard per month currently. Besides, it manufactures cardboard suitcases, cardboard, office supplies, children's and travel suitcases. The firm plans to increase its production volume and sales on the domestic and foreign markets in the field of suitcases and other accessories.
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Zdas (Zdar nad Sazavou, Czech Republic), engineering firm, saw proceeds of more than 3 bil Kc and an unspecified profit in 1999. The firm's rolling mill saw proceeds of 600 mil Kc in 1999. The firm has started to focus on suplementary and spare programmes due to a decrease in demand. A lack of large investment projects in the Czech Republic has caused serious existence problems to Zdas. The firm will probably not be awarded any large contract in 2000. That is why the firm has to look for contracts abroad.
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