PragueConnect.cz - Economy

PragueConnect.cz is providing resources for English speaking Business Professionals living in, visiting, or interested in Prague and Czech Republic. Browse our latest Economy articles, if you have interesting content to share with our users, please feel free to contact us anytime to discuss with us possible publication on PragueConnect.cz!

Škoda Auto, Hradec Králové District and Czech Rep. to collaborate

Škoda Auto, Hradec Králové District and the Czech Republic signed the Memorandum of Collaboration on March 23, 2015. The signing follows the governmental decision to approve the concept of regional aid in connection with the investment of Škoda Auto in Hradec Králové District where the automaker will invest around CZK 7.2bn. By 2018, Škoda Auto should expand and modernize the Kvasiny plant, which will create up to 1,300 new jobs and increase production capacity to 280,000 vehicles per year.

Source: www.cianews.cz

 
 
 
 
Sign up for Prague’s hottest newsletters to stay up to date and know what’s going on in town! Prague Daily Monitor: Prague’s # 1 source for Czech news in English… delivered straight to your inbox daily. Sign up for free nowPrague.TV – Living Like a Local: 2x a week, our newsletter keeps you up to date with the HOTTEST and BEST news for Prague's Expats and English Language community. Exclusive price draws & Special partner offers for registered members. Sign up for free now!

 

Exchange rates