Visteon Corporation, a leading global automotive supplier, was recognized as being one of the most important investors in the Czech Republic
Published:
24 July 2004 y., Saturday
Visteon Corporation, a leading global automotive supplier, was recognized as being one of the most important investors in the Czech Republic when Dr. Karl Krause, Visteon's manufacturing vice president for Europe and South America, received the "Investor of the Year 2003" award from Czech Prime Minister Vladimir Spidla.
Visteon's Czech subsidiary, Autopal, earned the recognition in an evaluation by the CZECHTOP 100 Association. Investment projects with the highest contribution to the Czech economic development were honored recently during a ceremony at Prague's castle. In the category of "investments with the highest innovative potential," Visteon/Autopal ranked third for the development of innovative lighting and climate control technology.
Autopal also ranked in the top 60 of the most important companies in the Czech Republic in the "sales in 2003" category. Autopal ranked 21st in exports and also ranked high in the most "dynamic company" category. Autopal's overall investment in the Czech Republic in 2003 was 30.2 million Czech Republic Koruny (CZK) ($1.2 million U.S.), of which more than 15 million CZK ($600,000 U.S.) went toward employee training. As a result of this investment 50 new positions were created in the area of new product design and development.
Šaltinis:
PRNewswire-FirstCall via COMTEX
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
European cities may still be feeling the pinch of the global recession.
more »
The EBRD Board of Directors has approved a $50 million convertible loan to Petrolinvest to finance the completion of exploration works at the company’s main oilfields.
more »
The European Commission welcomes the adoption today at the United Nations in Geneva of the first international regulation on safety of both fully electric and hybrid cars.
more »
Bloomberg has today announced that Lithuania had the outlook on its credit rating raised by Fitch Ratings after the Government implemented an austerity program to curb the budget deficit.
more »
In January 2010, compared with December 2009, the highest increase in retail trade in the EU-27 Member States was observed in Lithuania.
more »
Three thousand former car, refrigerator and construction workers in Germany and Lithuania will get €7.6 million in EU globalisation adjustment fund aid for training, self-employment and job guidance after Parliament gave the green light on Tuesday.
more »
Some 80% of Europeans continue to travel for their holidays according to a new Eurobarometer survey on ‘The attitudes of Europeans towards tourism 2010’.
more »
The EU's internal market will be under scrutiny Tuesday when a series of reports will be debated by MEPs in Strasbourg.
more »
EU Employment and Social Affairs Ministers today agreed on a new facility to provide loans to people who have lost their jobs and want to start or further develop their own small business.
more »
Over €7.6 million in financial aid for training and self-employment could be available to former workers in German and Lithuanian if MEPs back the measures Tuesday.
more »