News - Business economics

Daily news from plastic industry, plastics processing, packaging, plastics and machinery.

News by category Business economics

German plastics industry faces worst economic crisis in history

30.4.2024 | Plastics Europe, the European association of plastics converters, has informed the trade on the state of plastics production in Germany for 2023.
MOL Group expands its consumer services portfolio in Poland

25.4.2024 | MOL Group will produce 1,600 tonnes of green hydrogen per year using electricity from renewable sources. This will reduce the Duna refinery's carbon…

Successful acquisition: SPUR a.s. expands to Olomouc

23.4.2024 | On Friday, 1 March, the Zlín-based company SPUR a.s. completed another successful acquisition after officially taking over the operation of the…
Duslo a.s. received EUR 58 million from the Modernisation Fund for the production of green hydrogen

7.3.2024 | 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…

What will 2024 look like for the EU funds?

4.3.2024 | After a year full of doubts, 2024 finally looks like a year of progress for businesses. Upcoming calls from the Slovakia Programme, the…
Business field radiation crosslinking: BGS with mixed development

4.5.2023 | BGS Beta-Gamma-Service GmbH & Co. KG, a specialised service provider for plastics processing for the automotive and electrical industries, among…

Salary benchmarking of AHK Slovakia

6.12.2022 | After the corona crisis, the Slovak economy faces high energy prices, disruption of supply chains and sharp price growth. The National Bank of…
Slovnaft: The Government of Slovakia threatens Slovakia's energy security

2.12.2022 | Slovnaft takes note of Wednesday's decision of the Government of the Slovak Republic on the introduction of a solidarity contribution in the amount…

Slovnaft started full operation after planned shutdowns

4.8.2022 | Bratislava refinery of SLOVNAFT, a.s. after more than two months of planned shutdowns, it started full operation and its production is available as…
SPUR a.s . - A successful acquisition of the company MEGAT - výroba z plastů Zlín spol. Ltd.

14.6.2022 | 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…

The government has approved a proposal for a levy on non-recycled plastic waste, the rate per...

31.5.2022 | The Cabinet approved the European Union's (EU) own resource management system based on non-recycled plastic packaging waste. The system is intended…
MOL Group is donating technical equipment to Ukraine to support the stable operation of the...

25.5.2022 | 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…

MOL group q1 results: robust ebitda mainly supported by very strong upstream performance

16.5.2022 | 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…
Sales of injection molding machines in the Czech and Slovak Republics in 2021

7.4.2022 | Since 2011, the PlasticPortal.eu® editorial staff has been conducting an annual survey of injection molding machine sales in Czech Republic and…

ENGEL Group is involved in helping Ukraine

16.3.2022 | ENGEL stands united. At the Austrian plants and in many subsidiaries of the injection moulding machine manufacturer who is headquartered in…
Plastics production in Europe continues to decline

10.3.2022 | Plastics production in Europe is falling. In 2020, Europe produced only 15% of the amount of plastics produced worldwide. In 2010, plastics…

Information for Czech employers and foreigners in connection with the conflict in Ukraine

1.3.2022 | 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…
Volkswagen doubles deliveries of all-electric vehicles in 2021

19.1.2022 | “Volkswagen is continuing to press ahead with the transition to e-mobility despite the limited supply of semiconductors,” said Ralf Brandstätter…

Slovakia produced more than a million cars in 2021

17.1.2022 | According to preliminary results, just over 1,000,000 cars were produced in Slovakia in 2021, which is a slight increase of about 4 percent compared…
Good results of the MOL group for the 3rd quarter 2021

11.11.2021 | MOL Group announced financial results for the third quarter of 2021. Thanks to a favorable macroeconomic environment, doubling of petrochemical…

The results of the MOL Group for the second quarter are historically the strongest

11.8.2021 | Today, the MOL Group announced its financial results for the first and second quarters of 2021. In the first six months, the MOL Group generated…
Alfa Chrom servis s.r.o. - after a year's delay, we started the extension of the hall

23.6.2021 | After an long preparation and almost a year's delay caused by Covid, we finally started the extension of our hall.

The MOL Group buys a network of 120 OMV service stations in Slovenia

11.6.2021 | The MOL Group entered into an agreement with OMV to acquire a 92.25 percent stake in OMV Slovenija d.o.o., in which the Group's subsidiary, INA…
New partnership with PRS will strengthen MOL Group's key position in the circular economy of...

3.6.2021 | MOL Group has entered into a strategic supply chain partnership with PRS, a leading supplier of sustainable wooden pallets for the petrochemical…

MOL Group's Q1 results: Strong quarter despite third wave of pandemic and restraint

20.5.2021 | In the first quarter of 2021, the MOL Group achieved net CCS EBITDA of 664 mil. USD. This is 7% more than in the same quarter of 2020, despite the…
Chem-Trend strengthens customer proximity in the Czech Republic by founding a company in Prague

11.5.2021 | Chem-Trend, a global market leader in the development and production of high-performance release agents, purging compounds and other specialised…

Sales of injection molding machines in the Czech and Slovak Republics in 2020

8.4.2021 | Since 2011, the PlasticPortal.eu® editorial staff has been conducting an annual survey of the sale of injection molding machines in the Czech and…
Fatra has received AEO security certification

10.3.2021 | After year - round efforts and the introduction of many new Fatra measures, a. S. received a new AEO security certification.

MAPRO sold the HAITIAN machine with serial number 1500

9.3.2021 | During 2007, MAPRO entered into a representation agreement with HAITIAN for the sale of injection molding machines for the Czech and Slovak markets.
Nexeo Plastics Signs Distribution Agreement in Europe with Kingfa

2.12.2020 | Nexeo Plastics, a leading global thermoplastics resin distributor, has signed an agreement with Kingfa to distribute their engineering thermoplastic…

Piovan Group acquires 100% of the share capital of Doteco SpA

14.10.2020 | Piovan Group, the world's leading operator in the development and production of process automation systems for the storage, transport and treatment…
The crisis significantly affected the MOL Group's results for the second quarter

24.8.2020 | MOL Group announced financial results for the first half of the year and the second quarter of 2020. In the first six months, the MOL Group…