Word: segla
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...government help in getting out of the business, but in view of all the country's economic troubles, they are not hopeful. The ZTS Martin tank factory had to borrow $86 million to pay for tank production equipment that the communist government foisted on it, and director Jan Segla now wants Prague to forgive the debt. He also wants more financial / assistance to liquidate production lines designed to manufacture tanks. "The heritage of special production is why our factory is in such bad economic shape today," he says. "It's the labor of Sisyphus to keep this plant working...
...also begun working under license from the Italian manufacturer Lombardini to produce tractor engines and other machinery. The company eventually plans to make 40,000 engines annually, but this year it will turn out fewer than 900. "In the first phase, new products don't bring profits," say Segla. "What we need are partners who have money and are willing to invest...
| 1 |