Tatra produces more lorries than at any time since 2008

Tatra produces 763 lorries in 2013, highest since 2008

Czech lorry maker Tatra produced 763 units last year, the highest figure since 2008, and sold 722 vehicles, around two-thirds of them abroad, Tatra spokesman Andrej Čírtek told the Czech News Agency (ČTK) today.

This year’s sales target is 760 units.Preliminary sales reached 2.99 billion Kč last year, Čírtek said.

The results include Tatra’s performance before auction and performance of Tatra Trucks.

Owing to high debts, Tatra went to auction last year, and as of March it has had a new owner, Tatra Trucks, which belongs to entrepreneurs Jaroslav Strnad and René Matera.

Tatra’s value was set at 1.765 billion Kč and its liabilities at around 1.5 billion Kč.

At the beginning of the year, the lorry maker started preparations for deliveries of vehicles to the Middle East as part of a contract to supply up to 750 units.

Tatra shed more than 100 jobs last year. As of Jan. 1, it employed 952 workers. Another 600 people work in subsidiaries focused on casting and forging.

In 2011, the company cut losses by 118 million Kč to 39.6 million Kč, but the loss of the group including subsidiaries grew 100 million Kč to 217 million Kč. Results for 2012 are not available yet.

Tatra produces 763 lorries in 2013, highest since 2008

Czech lorry maker Tatra produced 763 units last year, the highest figure since 2008, and sold 722 vehicles, around two-thirds of them abroad, Tatra spokesman Andrej Čírtek told the Czech News Agency (ČTK) today.

This year’s sales target is 760 units.Preliminary sales reached 2.99 billion Kč last year, Čírtek said.

The results include Tatra’s performance before auction and performance of Tatra Trucks.

Owing to high debts, Tatra went to auction last year, and as of March it has had a new owner, Tatra Trucks, which belongs to entrepreneurs Jaroslav Strnad and René Matera.

Tatra’s value was set at 1.765 billion Kč and its liabilities at around 1.5 billion Kč.

At the beginning of the year, the lorry maker started preparations for deliveries of vehicles to the Middle East as part of a contract to supply up to 750 units.

Tatra shed more than 100 jobs last year. As of Jan. 1, it employed 952 workers. Another 600 people work in subsidiaries focused on casting and forging.

In 2011, the company cut losses by 118 million Kč to 39.6 million Kč, but the loss of the group including subsidiaries grew 100 million Kč to 217 million Kč. Results for 2012 are not available yet.