News - Business economics

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

News by category Business economics

Foxconn Slovakia resumed production after Easter

15.4.2020 | Leading producer of consumer electronics, Foxconn Slovakia spol. Ltd. Nitra, after a temporary shutdown, resumed production on the date as planned…
MOL Norge has discovered new crude oil and gas deposits in the North Sea

8.4.2020 | MOL Norge and its partners have discovered crude oil and gas deposits in an offshore exploration area about 200 km west of Stavanger. Location in…

Hyundai will start in Nošovice for two shifts after the resumption of production

7.4.2020 | The Hyundai car factory in Nošovice will initially operate in two shifts instead of the usual three after the restart of production.
Response to the suspension of VW production and other European car manufacturers

17.3.2020 | In connection with the decision of European automakers to temporarily suspend production, we publish a comment by Zdeněk Petzl, Executive Director…

Opportunities of obtaining grants in the Slovak Republic

24.1.2020 | News overview - January 2020.
MOL Group has announced a new investment into propylene production

18.10.2019 | A new Olefins Conversion Technology (OCT) Unit will be built at MOL Petrochemicals' site in Tiszaújváros. The unit will have a production capacity…

The MOL Group is well on track to meet or exceed its full-year target estimate

12.8.2019 | The MOL Group reported its financial results for the first half of 2019. In the first six months, the MOL Group achieved EBIDTA of EUR 1.15 billion.…
Quarterly analysis of Czech construction 2018 in full version

17.12.2018 | The quaternical analysis provides the latest information on how the Czech construction industry will develop further and what will be key to its…

SILON has opened a new plant in the USA

1.8.2018 | Recently the management of SILON ceremonially cut the tape at the newly opened Silon, LLC production plant in Peachtree City in the suburbs of…
BGS Beta-Gamma-Service GmbH & Co. KG KG. - Dynamic and modern enterprise

27.7.2018 | As an experienced and leading provider of industrial irradiation services in Germany, BGS continues to invest in its services, employees and…

Euromap warns of slow-down following “unusually long” boom

29.6.2018 | The European association for plastics and rubber machinery manufacturers, Europmap, has warned of possible slow-down in orders despite expecting a…
The CZFP and FPSK have a new owner

22.6.2018 | Following the recent acquisition of CZFP and FPSK by Omya, we now joined Omya´s growing Engineered Plastics platform and strengthened our…

IAC starts third operation site in Czech town of Prestice

14.5.2018 | Automotive supplier International Automotive Components (IAC) has opened its production site for premium door panels in Prestice, Czech Republic…
The MOL Group published a profit of 2017, the highest in the last decade

26.2.2018 | MOL Group released its financial results for 2017. EBITDA increased 14% and, thanks to all segments that achieved excellent financial and operating…

Possibilities of obtaining a grant in the Slovak Republic

17.1.2018 | Newsletter - January 2018.
Fatra launches the New Mill project for CZK 1.4 billion

28.8.2017 | Fatra is launching the New Mill project. The expected investment amounts to 1.4 billion CZK.

Arburg lays foundations for the future

31.7.2017 | On Thursday 13 July 2017, Arburg celebrated the start of groundwork for an impressive new Training Center in Lossburg.
Bela Kelemen of the MOL Group became the new President of the Association of European Petroleum...

6.7.2017 | Members of the European Oil Processors Association unanimously elected Béla Kelemen as the new president of the association for the two-year term of…

Czech President Miloš Zeman visits ENGEL plant in Kaplice

26.6.2017 | On his three-day tour of South Bohemia, the Czech President Miloš Zeman and a group of delegates and members of the press visited the ENGEL…
ENGEL grows worldwide

7.6.2017 | ENGEL continues to grow. The Austrian injection moulding machine manufacturer, automation expert and systems supplier has increased its annual…

Sale of injection molding machines in the Czech Republic and Slovakia continues to grow

20.4.2017 | These days PlasticPortal.eu® have finished survey of sales of injection molding machines in the Czech and Slovak Republic in 2016. The survey was…
Slovnaft refinery starts in April with general turnaround

12.4.2017 | Slovnaft will shut down part of its production facilities over Easter for regularly scheduled turnaround of refinery equipment to ensure smooth…

Plastic Omnium expanding Slovakia site to supply to new JLR plant

7.3.2017 | Automotive plastic parts producer Plastic Omnium (PO) is to invest around €50m in a major expansion project in Slovakia to supply the new Jaguar…
Kia Motors Slovakia has a new president

17.2.2017 | In February 2017, Mr Kim Dae-Sik appointed new President and CEO of Kia Motors Slovakia.

Three projects Plastics Cluster OP PIK Cooperation - Clusters finally approved!

13.2.2017 | Three projects OP PIK, which prepared the Plastics Cluster in the first call of the Cooperation - Clusters were finally approved (as published…
Change for the post of Director of the Trnava car

10.2.2017 | After two and a half year tenure as CEO, Groupe PSA in Trnava assume Mr. Rémi Girardon within the PSA Group since March 1, 2017 a new…

Plastic packaging company Alpla has acquired a 100% stake in the Romanian company Star East PET SRL.

8.2.2017 | Based in Brasov, Romania, Star East PET specialises in the production of PET preforms for drinks, food and non-food products. The acquisition, which…
Year on year increase in the number of foreigners working in Slovakia, about 9,600 people to 35,100

6.2.2017 | Most numerous on the Slovak labor market, the citizens of Romania, a representative of Serbia and the Czech Republic.

Current information on the construction of Jaguar Land Rover plant in Nitra

3.2.2017 | These days are being mounted skeletons halls: logistics, assembly and surface treatment. Body shop in the hall being completed casing. According to…
Volkswagen Slovakia in collective bargaining begins

1.2.2017 | At Volkswagen Slovakia (VW SK) will today begin collective bargaining. The company's management to open negotiations with the two unions - a modern…

Austria's Soulier to expand in Slovakia

2.1.2017 | Austrian holding Soulier Kottingbrunn Liegenschaftsverwaltung has unveiled plans to set up a new research and development (R&D) centre in the…
Nexeo Solutions a publicly traded company listed on the NASDAQ Capital Market

25.5.2016 | Nexeo Solutions after the completion of the merger with WL Ross Holding Corp. becomes a publicly traded company listed on the NASDAQ Capital Market.