04.02.2019 Views

Czech Business & Trade 3/2018

Economic Magazine is Designed for Foreign Partners, Interested in cooperation with the Czech Republic

Economic Magazine is Designed for Foreign Partners, Interested in cooperation with the Czech Republic

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

ECONOMIC POLICY<br />

its investment and business activities are<br />

targeted so as to ensure a permanent yearon-year<br />

progressive growth of revenue. In<br />

the past few years, its total revenue has<br />

been growing by 5-6 % a year on average<br />

and the same stable growth is expected in<br />

<strong>2018</strong> and subsequent years, mainly thanks<br />

to the planned schedule of new projects<br />

– deliveries of spark plugs and sensors for<br />

the serial production of large car factories.<br />

“The current structure of the product, client<br />

and market portfolio eliminates the loss of<br />

revenue risk in one segment, one client,<br />

one territory. The firm supplies spark plugs<br />

and sensors for primary production and as<br />

spares. However, we are not dependent exclusively<br />

on the automotive industry; our<br />

products are intended for aircraft engines,<br />

motorcycles, ships and garden equipment<br />

(OEM supplies its products to the largest<br />

garden machinery manufacturers in Sweden,<br />

the USA, and China),” says Mojmír<br />

Čapka, Chairman of the Board of Brisk, a.s.<br />

“Our plan is to increase exports by at least<br />

10 %, specifically to Sweden, Germany,<br />

France, the Netherlands and the USA. We<br />

are profiting from our long-term, active<br />

and hard work with customers in those<br />

countries. And this is by no means an easy<br />

task, especially as regards delivery requirements<br />

and the quality of products, where<br />

requirements are increasingly demanding.<br />

Another problem is the shortage of skilled<br />

workers on the part of the clients, and<br />

their inadequate theoretical and practical<br />

knowledge. The problem is precise specification<br />

of what the client really wants. The<br />

young generation of PC and SW developers<br />

will create anything, even things that<br />

cannot be realised in practical production,”<br />

states Tomáš Prášil, Project Manager of the<br />

Motor Jikov Group, a.s.<br />

<strong>Czech</strong> Engineering<br />

An important sector of the <strong>Czech</strong> manufacturing<br />

industry is the manufacture of<br />

CZ-NACE 28 category machines and equipment.<br />

It comprises a very broad range of<br />

equipment used for processing materials<br />

mechanically or thermally, or carrying out<br />

production processes on materials (e.g. manipulation,<br />

spraying, weighing, packing),<br />

including the production of their mechanical<br />

components producing or using force.<br />

It also comprises specially made parts for<br />

those machines and equipment. The sector<br />

further includes fixed, moving and manually<br />

operated equipment, regardless of whether<br />

it is intended for industry, crafts, construction<br />

and agriculture or household use. The<br />

sector also comprises the manufacture of<br />

special equipment for personal or cargo<br />

transport. It accounts for approx. 8 % of the<br />

revenue derived from own products and<br />

services of the manufacturing industry. The<br />

dominant category within the sector is large<br />

and medium-sized enterprises. Large enterprises<br />

accounted for 56 % of the revenue,<br />

52 % of value added and 48 % of employed<br />

persons. The shares of medium-sized enterprises<br />

were from 31 to 36 %.<br />

One of the important sectors of <strong>Czech</strong> general<br />

engineering is energy engineering,<br />

which is experiencing a period of prosperity<br />

thanks to a growing global demand for<br />

energy. Energy engineering comprises the<br />

manufacture and delivery of equipment<br />

for various general engineering sectors,<br />

ranging from the manufacture of turbines,<br />

fixtures, compressors and pumps, to lifting<br />

and handling equipment. The affiliation of<br />

<strong>Czech</strong> energy equipment manufacturers<br />

with supranational companies often opens<br />

the way for them to gain foreign contracts.<br />

At the same time, a number of purely <strong>Czech</strong><br />

companies are successful exporters of energy<br />

equipment thanks to their long tradition<br />

and favourable references.<br />

The manufacture of industrial cooling and<br />

air-conditioning equipment is another<br />

group with good prospects, as the refrigeration<br />

sector impacts practically all branches<br />

of human activities, including the safety and<br />

quality of foods in the supply chain from the<br />

harvest to the consumer; air-conditioning of<br />

buildings, pharmaceutical production and<br />

healthcare, and the low temperature and<br />

gas liquefaction and cooling equipment<br />

used in all sectors of industry. The tradition<br />

and current high standards of machine tool<br />

production, which forms an indispensable<br />

part of the sector, augurs well for the further<br />

successful development of this group.<br />

Photo: www.bigstockphoto.com<br />

| 8

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!