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Skoda invests to modernise & expand transmission facility

Automotive production in the Czech Republic is on the rise, thanks to export demand. OEMs such as Skoda are capitalising on this growth in output by expanding their facilities in the country

Volkswagen AG's Czech Republic-based unit Skoda has emerged from a very positive year in 2014. For the first time, the OEM crossed worldwide sales in excess of one million units last year. This led to record sales revenues for 2014, as well as record operating profit.

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