Vagnerplast is acquired by Villeroy & Boch

Article Abstract:

Vagnerplast (Kladno, Czech Republic), plastic products company, was acquired by the sanitary equipment manufacturer Villeroy & Boch (V&B) (Germany) in early 2001. Before, Vagnerplast was a purely Czech firm. Apart from Vagnerplast, V&B holds a majority stake in Kaolin Hlubany (Hlubany, Czech Republic). >TB Vagnerplast (Kladno, Czech Republic), plastic products company, economic results over 1998-2000: 1998 1999 2000* ----------------------------------------------------------------- Proceeds, CEK mil 322 342 400 Number of employees 180 180 220 * result is influenced by merger with Trend (Czech Republic)

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Daiho intends to invest in the Czech Republic

Article Abstract:

Daiho (Japan), plastic components company, plans to invest more than CEK 600 mil in Plzen, Czech Republic, from 2001. The investment should go to the manufacturing of plastic cases for televisions. The firm has received investment incentives from the Czech state for the project. They will be provided in the form of tax holidays and an exemption from import tariffs on machinery and equipment.

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Techplast to commission a new plant

Article Abstract:

Techplast (Rybnik, Czech Republic), automotive plastics company, will start the pilot operation of a new CEK 50 mil tool plant in Moravska Trebova, Czech Republic, in Jan 2001. Initially, the plant will have 24 employees. Techplast also plans to build a new moulding plant, which should have 50-60 employees.

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