Despite the increasingly unstable political environment, the CSE witnessed an upsurge in overall deal value of 12.5 per cent year on year reaching a total value of the EUR80.5bn in 2018, according to the latest report on M&A published by the law firm CMS.
In 2018, Škoda Auto, a subsidiary of the Volkswagen Group, delivered a record number of 1.25 million automobiles, surpassing its last year record by 4.4 per cent. The Mlada Boleslav-headquartered company has been increasing its sales for a 5th year in a row.
According to the latest Eurostat data, hourly labor costs rose by 2.5 per cent in the Eurozone and by 2.7 per cent in the EU28 in the Q3’18 y/y. The corresponding numbers for the Q2’18 were 2.3 per cent and 2.7 per cent respectively.