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Å kodaAuto ANNUAL REPORT 2006 - Skoda Auto

Å kodaAuto ANNUAL REPORT 2006 - Skoda Auto

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Another major step was made in May<br />

<strong>2006</strong> with the signing of an agreement on<br />

a joint manufacturing plant for the<br />

Volkswagen and Škoda <strong>Auto</strong> brands in<br />

Kaluga, Russia. The first vehicle bound for<br />

the Russian market to leave the gates of<br />

the joint plant will be a Škoda Octavia and<br />

this event is to take place as early as<br />

autumn, 2007. In addition, we expanded<br />

production capacity in our partner<br />

assembly plants in Kazakhstan and<br />

Ukraine. Thus, as of year-end <strong>2006</strong>, the<br />

Škoda brand had a presence in over<br />

ninety countries all over the world.<br />

In order to ensure that we are capable of<br />

maintaining this pace of development into<br />

the future, we set clear directions and<br />

specific objectives for all areas of the<br />

Company’s operations. In particular, we<br />

will focus on new products, new markets,<br />

and achieving maximum efficiency and<br />

effectiveness in all processes. Through the<br />

personal motivation and dedication of all<br />

our workers, we intend to continue<br />

increasing the quality of our products and<br />

services, and thereby further build the<br />

image and reputation of the Škoda brand.<br />

On behalf of the entire Board of Directors,<br />

I would like to extend my sincere thanks<br />

to all of you who contributed to the<br />

success of our brand.<br />

Dipl. Kfm. Detlef Wittig<br />

Chairman of the Board of Directors<br />

5

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