Business economics - Current News Articles
Articles on Business economics. Daily updated information and news from the plastics industry.
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ORLEN has launched mobile app with loyalty programme
The ORLEN filling station network has launched a mobile app that offers customers benefits such as a loyalty programme and navigation to the selected petrol station. Customers can use the ORLEN app to earn points for payments when purchasing fuel, goods and services at full and self-service petrol...
Duslo a.s. received EUR 58 million from the Modernisation Fund for the production of green hydrogen
- 07.03.2024
- Latest News
- Business economics
One of the companies that received 58 million euros from the Modernization Fund for the production of green hydrogen is Duslo a.s. In this context, the Deputy Prime Minister and Minister of Environment of the Slovak Republic Tomáš Taraba visited the plant in Šali and handed over contracts to its...
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ORLEN expands its fuel station network in Europe
Following the acquisitions in Austria, Germany, Slovakia and Hungary, ORLEN's station count has surged by almost a third over the past year. The Group is currently finalising the purchase of more than 60 service stations in...
What will 2024 look like for the EU funds?
- 04.03.2024
- Latest News
- Business economics
After a year full of doubts, 2024 finally looks like a year of progress for businesses. Upcoming calls from the Slovakia Programme, the Modernisation Fund or the Recovery Plan aim to improve the business environment and continue Slovakia's green...
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ORLEN has doubled the number of stations in Slovakia. Next year it will launch a mobile app and start building an electric vehicle infrastructure
ORLEN's international network of filling stations in Slovakia is growing rapidly. This year, it has almost doubled the number of its stations and completed the process of unifying the labelling of its fuel stations. Before the end of the year, 90 filling stations were operating in Slovakia under...
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The transformation of the automotive industry in Slovakia continues.
- 19.01.2024
- Services
- Automotive
- Business economics
Slovakia produced 1,080,000 vehicles last year, an increase of almost 100,000 vehicles compared to 2022. The forecast for next year is positive, with production expected to rise again in...
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Prospects for the Central European polymer market in 2024
What was 2023 like? In fact, it could have been worse. Fortunately, energy prices normalized, inflation began to decrease everywhere in Europe, and the economic downturn was not significant either. But the uncertainty and fear of recession remained with us. The general economic situation is slowly...
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Energy savings during vacuum extrusion in plastics production at Essentra Extrusion
Essentra Extrusion is a leading manufacturer of custom plastic profiles based in the Netherlands. However, they do not produce standard products, but offer clients a complete design and production...
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How to save an incredible 89% of energy during vacuum thermoforming?
Eczacibasi is a major Turkish industrial group whose main industries are construction products, healthcare and consumer goods. Its Vitra brand is one of the world's leading suppliers of bathroom and tiling solutions. Vitra's factory in Istanbul has a capacity of 350,000 manufactured bathtubs per...
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Rohlig SUUS Logistics acquires Joppa Logistics and sets its sights on further expansion
- 19.06.2023
- Services
- Business economics
Rohlig SUUS Logistics has announced the acquisition of Joppa Logistics, a Czech company specializing in warehousing services and road groupage transport. With this acquisition, SUUS will almost double its market share in the Czech Republic and solidify its position in Central and Eastern...
Business field radiation crosslinking: BGS with mixed development
BGS Beta-Gamma-Service GmbH & Co. KG, a specialised service provider for plastics processing for the automotive and electrical industries, among others, looks back on a mixed business year 2022 in the radiation crosslinking business segment: While the company still registered growth in the...
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Sales of injection molding machines in the Czech Republic and Slovakia in 2022
- 13.04.2023
- Business economics
- Injection molding machines
Since 2011, the PlasticPortal.eu® editors have been conducting an annual survey of the sale of injection molding machines in the Czech and Slovak...
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The WITTMANN Group looks into the future with optimism
For the WITTMANN Group, the fiscal year 2022 was characterized on the one hand by a high order intake, which was well above average especially during the first half of the year. On the other hand, the tight situation regarding the supply of purchased parts, in particular electronic components,...
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Jevons paradox and JSW injection moulding machines
Plastic producers in the Czech and Slovak Republics are under enormous pressure. Inlection moulding plants are caught in the grip of technological conditions, when it is no longer possible to reduce costs with technology and the price of inputs goes against the trend of cost reduction. The price of...
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ORLEN expands network of filling stations in Europe
- 07.12.2022
- Suppliers of raw materials
- Business economics
The international ORLEN Group, which operates the ORLEN Benzina network of filling stations in Czechia, is significantly expanding in Hungary and Slovakia. The ORLEN Group entered Hungary because of the corrective measures related to its acquisition of Grupa LOTOS and an agreement with the MOL...
Salary benchmarking of AHK Slovakia
- 06.12.2022
- Latest News
- Events
- Business economics
After the corona crisis, the Slovak economy faces high energy prices, disruption of supply chains and sharp price growth. The National Bank of Slovakia expects that next year will be even more challenging than the current one. According to her prediction, real wages will decrease, inflation could...
Slovnaft: The Government of Slovakia threatens Slovakia's energy security
- 02.12.2022
- Latest News
- Business economics
Slovnaft takes note of Wednesday's decision of the Government of the Slovak Republic on the introduction of a solidarity contribution in the amount of 70%. However, we perceive a more than two-fold increase in the rate compared to the EU Council's recommendation, which is at the level of 33%, as...
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The results of the MOL Group in the 3rd quarter were positively affected by oil extraction and processing
- 14.11.2022
- Suppliers of raw materials
- Business economics
MOL Group reported today its financial results for the third quarter of 2022. Thanks to strong results in the Upstream and Downstream divisions, supported by macroeconomic factors, the MOL Group achieved a net CCS EBITDA of USD 1449 million in the third quarter of...
Slovnaft started full operation after planned shutdowns
- 04.08.2022
- Latest News
- Business economics
Bratislava refinery of SLOVNAFT, a.s. after more than two months of planned shutdowns, it started full operation and its production is available as standard for the domestic and foreign...
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Slovnaft to modernise and expand polypropylene production in Bratislava refinery investing up to EUR 63 million
- 14.06.2022
- Suppliers of raw materials
- Business economics
Slovnaft invests EUR 63 million in the expansion and modernisation of polypropylene production. The investment, will increase production capacity and reduce emissions. Linde Engineering, a renowned German company, is the contractor for the comprehensive reconstruction of the existing PP3 production...
SPUR a.s . - A successful acquisition of the company MEGAT - výroba z plastů Zlín spol. Ltd.
The plastics company SPUR has grown by another company. At the beginning of February, the company SPUR acquired a 100% share of the company MEGAT - výroba z plastov Zlín spol. s.r.o., producing plastic profiles. Thanks to the acquisition, the family company will expand production capacities for...
The government has approved a proposal for a levy on non-recycled plastic waste, the rate per kilogram will be uniform
- 31.05.2022
- Latest News
- Business economics
The Cabinet approved the European Union's (EU) own resource management system based on non-recycled plastic packaging waste. The system is intended to motivate states to reduce the amount of plastic packaging...
MOL Group is donating technical equipment to Ukraine to support the stable operation of the Ukrainian energy network
- 25.05.2022
- Latest News
- Business economics
MOL Group is in solidarity with the Ukrainian energy sector during the war and provides support in the form of facilities for the stable and safe operation of the Ukrainian energy sector network. MOL has so far offered equipment worth a total of EUR 290,000, of which the Ukrainian side has...
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MOL Group wants to fill more than 50 jobs with young people - recent university graduates
- 19.05.2022
- Services
- Business economics
MOL Group is opening a call to join for his annual Growww talent program. The development program is an ideal opportunity for recent graduates and graduates of master's or engineering studies who are looking for opportunities to start their careers in one of the largest companies in the...
MOL group q1 results: robust ebitda mainly supported by very strong upstream performance
- 16.05.2022
- Latest News
- Business economics
Today, MOL Group announced its financial results for Q1 2022. MOL Group delivered USD 833mn Clean CCS EBITDA in Q1 2022, on the back of the very high oil and gas prices. However, results were down by 6% compared to the previous...
Sales of injection molding machines in the Czech and Slovak Republics in 2021
Since 2011, the PlasticPortal.eu® editorial staff has been conducting an annual survey of injection molding machine sales in Czech Republic and Slovakia. This year's survey showed the impact of the second year of the pandemic crisis on the plastics industry in both...
ENGEL Group is involved in helping Ukraine
- 16.03.2022
- Latest News
- Business economics
ENGEL stands united. At the Austrian plants and in many subsidiaries of the injection moulding machine manufacturer who is headquartered in Schwertberg, aid campaigns for people affected by the war in Ukraine have been launched within a very short time. "We are overwhelmed, and proud of how...
Plastics production in Europe continues to decline
- 10.03.2022
- Latest News
- Business economics
Plastics production in Europe is falling. In 2020, Europe produced only 15% of the amount of plastics produced worldwide. In 2010, plastics production in Europe was 57 million tonnes, or about 21% of world production. As the latest publication "Plastics the Facts 2021" from the Plastics Europe...
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This year, Slovnaft is investing 52 million euros in the planned maintenance of production facilities
- 02.03.2022
- Suppliers of raw materials
- Business economics
Slovnaft will start the planned maintenance of part of its production facilities next weekend. This is the first part of the planned mandatory outages this year, which are expected to affect almost half of the production facilities. The company invests a total of EUR 52 million in mandatory...
Information for Czech employers and foreigners in connection with the conflict in Ukraine
- 01.03.2022
- Latest News
- Business economics
People who come to the Czech Republic from Ukraine will have free access to the labor market. It is important to enable those who can work to provide an income for their family. The Labor Office of the Czech Republic coordinates offers from Czech companies. Ukrainian families will support to the...
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