Škoda Transportation
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Škoda Transportation
Škoda Transportation Akciová společnost, a.s. is a Czech Republic, Czech manufacturer of vehicles for public transport, including Tram, trams, Electric multiple unit, electric multiple units, and Bus, buses. The company was formerly a division of Czech industrial conglomerate Škoda Works, and shares the Škoda name with Škoda Works' other former divisions, such as Škoda Auto and Doosan Škoda Power. The company is headquartered in Plzeň and markets its products worldwide, with an emphasis on the European market. Škoda Works was founded in 1859 by Emil von Škoda, Emil Škoda, and began manufacturing Locomotive, locomotives in Plzeň in 1920. Škoda Works was privatized and split up after the Velvet Revolution in the late 20th century, and Škoda Transportation was organized in 1995. The company has been owned by investment firm PPF (company), PPF Group since 2017. Škoda Transportation fully or partially owns a number of other companies active in the rolling stock and bu ...
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Škoda Auto
Škoda Auto Akciová společnost, a.s. (), often shortened to Škoda, is a Czech automobile manufacturer established in 1925 as the successor to Laurin & Klement and headquartered in Mladá Boleslav, Czech Republic. Škoda Works became State ownership, state owned in 1948. After the Velvet Revolution, it was gradually Privatization, privatized starting in 1991, eventually becoming a wholly owned subsidiary of the German multinational conglomerate Volkswagen Group in 2000. Škoda automobiles are sold in over 100 countries, and in 2018, total global sales reached 1.25 million units, an increase of 4.4% from the previous year. The operating profit was €1.6 billion in 2017, an increase of 34.6% over the previous year. As of 2017, Škoda's profit margin was the second-highest of all Volkswagen AG brands after Porsche. History The Škoda Works was founded by Czech engineer Emil von Škoda in 1859 in Plzeň, then in the Kingdom of Bohemia in the Austrian Empire, and was originally a ...
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Public Transport
Public transport (also known as public transit, mass transit, or simply transit) are forms of transport available to the general public. It typically uses a fixed schedule, route and charges a fixed fare. There is no rigid definition of which kinds of transport are included, and air travel is often not thought of when discussing public transport—dictionaries use wording like "buses, trains, etc." Examples of public transport include Public transport bus service, city buses, trolleybuses, trams (or light rail) and Passenger rail transport, passenger trains, rapid transit (metro/subway/underground, etc.) and ferry, ferries. Public transport between cities is dominated by airlines, intercity bus service, coaches, and intercity rail. High-speed rail networks are being developed in many parts of the world. Most public transport systems run along fixed routes with set embarkation/disembarkation points to a prearranged timetable, with the most frequent services running to a headwa ...
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Dividend
A dividend is a distribution of profits by a corporation to its shareholders, after which the stock exchange decreases the price of the stock by the dividend to remove volatility. The market has no control over the stock price on open on the ex-dividend date, though more often than not it may open higher. When a corporation earns a profit or surplus, it is able to pay a portion of the profit as a dividend to shareholders. Any amount not distributed is taken to be re-invested in the business (called retained earnings). The current year profit as well as the retained earnings of previous years are available for distribution; a corporation is usually prohibited from paying a dividend out of its capital. Distribution to shareholders may be in cash (usually by bank transfer) or, if the corporation has a dividend reinvestment plan, the amount can be paid by the issue of further shares or by share repurchase. In some cases, the distribution may be of assets. The dividend received by ...
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Net Income
In business and Accountancy, accounting, net income (also total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales) is an entity's income minus cost of goods sold, expenses, depreciation and Amortization (accounting), amortization, interest, and taxes, and other expenses for an accounting period. It is computed as the residual of all revenues and gains less all expenses and losses for the period,Weil, Schipper, Francis. (2009) Financial Accounting: An Introduction to Concepts, Methods, and Uses. Cengage Learning and has also been defined as the net increase in Equity (finance), shareholders' equity that results from a company's operations.Weil, Schipper, Francis. (2010) Financial Accounting. Cengage Learning. It is different from gross income, which only deducts the cost of goods sold from revenue. For Household, households and individuals, net income refers to the (gross) income minus taxes and other deductions (e.g. mandatory pension cont ...
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Earnings Before Interest, Taxes, Depreciation And Amortization
A company's earnings before interest, taxes, depreciation, and amortization (commonly abbreviated EBITDA, pronounced ) is a measure of a company's profitability of the operating business only, thus before any effects of indebtedness, state-mandated payments, and costs required to maintain its asset base. It is derived by subtracting from revenues all costs of the operating business (e.g. wages, costs of raw materials, services ...) but not decline in asset value, cost of borrowing and obligations to governments. Although lease have been capitalised in the balance sheet (and depreciated in the profit and loss statement) since IFRS 16, its expenses are often still adjusted back into EBITDA given they are deemed operational in nature. Though often shown on an income statement, it is not considered part of the Generally Accepted Accounting Principles (United States), Generally Accepted Accounting Principles (GAAP) by the Securities and Exchange Commission, SEC, hence the SEC require ...
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Revenue
In accounting, revenue is the total amount of income generated by the sale of product (business), goods and services related to the primary operations of a business. Commercial revenue may also be referred to as sales or as turnover. Some company, companies receive revenue from interest, royalties, or other fees. This definition is based on International Accounting Standard, IAS 18. "Revenue" may refer to income in general, or it may refer to the amount, in a monetary unit, earned during a period of time, as in "Last year, company X had revenue of $42 million". Profit (accounting), Profits or net income generally imply total revenue minus total expenses in a given period. In accountancy, accounting, revenue is a subsection of the equity section of the balance statement, since it increases equity. It is often referred to as the "top line" due to its position at the very top of the income statement. This is to be contrasted with the "bottom line" which denotes net income (gross reve ...
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Asset
In financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything (tangible or intangible) that can be used to produce positive economic value. Assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset). The balance sheet of a firm records the monetaryThere are different methods of assessing the monetary value of the assets recorded on the Balance Sheet. In some cases, the ''Historical Cost'' is used; such that the value of the asset when it was bought in the past is used as the monetary value. In other instances, the present fair market value of the asset is used to determine the value shown on the balance sheet. value of the assets owned by that firm. It covers money and other valuables belonging to an individual or to a business. ''Total assets'' can also be called the ''balance sheet total''. Assets can be grouped into two major classes: Tangible property, tangib ...
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Škoda Transtech
Škoda Transtech Oy is Finland's major domestic manufacturer of low-floor tram and railway rolling stock. It specializes in building tram and railway vehicles for extreme climatic conditions, such as those encountered in Finland. History The company was established in 1985 when the Finnish engineering firm Rautaruukki started manufacturing freight wagons in Otanmäki and Taivalkoski. In 1991 the railway rolling stock works of Valmet (in Tampere), which specialized in the manufacture of carriages and locomotives, was merged with Transtech. In 1998 Rautaruukki sold the Taivalkoski factory to Telatek Oy, retaining the Otanmäki plant. In June 1999 Rautaruukki sold Transtech to Patentes Talgo SA of Spain, but was subsequently sold to the Finnish group Pritech Oy in March 2007. During the period of Spanish ownership, the company was known as ''Talgo Oy'', but has reverted to its previous name. In August 2015 Škoda Transportation bought a 75% stake in the company, purchasing the r ...
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TEMSA
TEMSA Skoda Sabancı Ulaşım Araçları A.Ş. is a Turkish manufacturer of buses, midibuses, and light-trucks. As of 2020, it is operating under the partnership of Sabancı Holding and PPF Group (Škoda Transportation). At the TEMSA Adana plant, which is established on an area of 500,000 m², a total of 11,500 vehicles are produced annually, including 4,000 buses, midibuses, and 7,500 light trucks, with 1,400 employees. TEMSA's Avenue, Diamond, Opalin, Safari HD and Tourmalin IC buses were included in a special edition of Bus Driver (video game), made by SCS Software in 2007. History TEMSA (Termo-Mekanik Sanayi ve Ticaret A.Ş./ Thermo-mechanics Industry and Trade Incorporated) was founded in 1968 by Sabancı Holding to supply steel to the construction industry. Manufacturing of coaches began in 1984 with licensing and distribution agreements from Mitsubishi Motors. Service bus products were introduced in 1987. The products have their own bodywork and include Mitsub ...
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Velvet Revolution
The Velvet Revolution () or Gentle Revolution () was a non-violent transition of power in what was then Czechoslovakia, occurring from 17 November to 28 November 1989. Popular demonstrations against the one-party government of the Communist Party of Czechoslovakia included students and older dissidents. The result was the end of Czechoslovak Socialist Republic, 41 years of one-party rule in Czechoslovakia, and the subsequent dismantling of the command economy and conversion to a parliamentary republic. On 17 November 1989 (International Students' Day), riot police suppressed a Student activism, student demonstration in Prague. The event marked the 50th anniversary of a violently suppressed demonstration against the Nazi storming of Prague University in 1939 where 1,200 students were arrested and 9 killed (see International Students' Day#Origin, Origin of International Students' Day). The 1989 event sparked a series of demonstrations from 17 November to late December and turned ...
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Locomotive
A locomotive is a rail transport, rail vehicle that provides the motive power for a train. Traditionally, locomotives pulled trains from the front. However, Push–pull train, push–pull operation has become common, and in the pursuit for longer and heavier freight trains, companies are increasingly using distributed power: single or multiple locomotives placed at the front and rear and at intermediate points throughout the train under the control of the leading locomotive. Etymology The word ''locomotive'' originates from the Latin language, Latin 'from a place', Ablative case, ablative of 'place', and the Medieval Latin 'causing motion', and is a shortened form of the term ''locomotive engine'', which was first used in 1814 to distinguish between self-propelled and stationary steam engines. Classifications Prior to locomotives, the motive force for railways had been generated by various lower-technology methods such as human power, horse power, Gravity railroad, g ...
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Emil Von Škoda
Emil Ritter von Škoda ( ; 18 November 1839 – 8 August 1900) was a Czech engineer and industrialist, founder of Škoda Works, the predecessor of today's Škoda Auto and Škoda Transportation. Life and work Born Emil Škoda in Plzeň on 18 November 1839 to a physician and politician František Škoda, and mother Johanna-Margarethe Říhová. Škoda studied mechanical engineering for four semesters at the Polytechnic Institute in Prague (now part of the Czech Technical University in Prague) and completed his degree at the Technische Hochschule Karlsruhe in Germany (now Karlsruhe Institute of Technology). In 1866, he became chief engineer of the machine factory of Ernst Fürst von Waldstein-Wartenberg, founded in 1859 at Plzeň. He bought the factory three years later, in 1869, and began to expand it, building a railway connection to the facility in 1886 and adding an arms factory in 1890 to produce machine guns for the Austro-Hungarian Army. His facilities continued to expan ...
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