Word: bata
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...Bata...
Bulgarian Premier Todor Zhivkov came, together with Soviet Deputy For eign Trade Minister Boris A. Borisov and Polish Government Observer Eugeniusz Zadrzynski. Technicians from science academies, state banks, government offices and such industries as Skoda, Bata Shoe and East Germany's Carl Zeiss optical works not only probed and photographed the equipment but brought along actual problems for the computers to solve...
...sewing machines, textiles-proved so inferior that the Germans would not buy them. Hungary has a glut of poor-quality textiles, including cheap shirts labeled in English "The Very Honorable, Foreign Made," also produces cheap shoes called Baby Doll to compete with those from Czechoslovakia's Communist-owned Bata shoe factory. Unable to sell either item to the West, Hungarian companies were forced to unload them on home consumers at cut-rate prices...
Died. Jan Antonin Bata, 67, Czech-born "world shoe king" when he was boss (1932-39) of the sprawling (now 80 plants in 67 countries), well-heeled (annual sales: some $400 million) producer of cheap shoes founded by Half Brother Thomas, but who in 1962 was relegated to an outpost in Brazil after Nephew Thomas Jr. of Canada's Bata, Ltd., won control of the family empire in a spectacular court fight; of a heart attack; in São Paulo, Brazil...
...apiece. Bata's annual sales are estimated to be around $400 million. But the company is controlled by an interlock of trusts and foundations, and the seven regions into which Bata has decentralized operations keep separate, and secret, books, Bata himself is as interested in world affairs as in money. He reads foreign policy treatises for relaxation, travels 150,000 miles annually with his svelte wife Sonja, 38, inspecting regions and making courtesy calls on Presidents and Prime Ministers. Bata hires local labor for each plant but likes to shift key men from country to country: his Algerian plant...