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- New Joint Venture will have registered capital more than 1 billion crowns
- Annual sales can reach up to 27.5 billion crowns

Prague 23 July, 2014 - Inekon Group founded in China new Joint Venture Tong Hao Railway Vehicles Corp. (THRV) with registered capital of nearly 1.1 billion crowns (40 mil. €). The new company was founded in partnership with public corporation China Railway Signal and Communication Corp. (CRSC) and Xiangtan Electric Manufacturing Group Corp. (XEMC), with which INEKON GROUP has long-term cooperation. The majority owner of the company will be CRSC with 66 %. INEKON GROUP together with XEMC will have an equal share of 17%. The business activity of new company THRV will be the production and sale of low-floor trams Superior Plus manufactured according to technical documentation done by Inekon Group.
Ostrava, 22 August 2012 – A consortium comprised of the companies INEKON GROUP and Cegelec has acquired a contract worth CZK 200 million (EUR 8 million) to modernise nine suburban train units for Salzburg, Austria. The Ostrava company EKOVA ELECTRIC is participating in the project, providing all the installation work.
Prague, 6 August 2012 – INEKON GROUP has acquired a contract to supply components for the manufacture of a total of 112 locomotives worth over CZK 420 million (USD 20.5 million). It will be delivering new static converters for Ukrainian Railways – Ukrzaliznytsia – produced by the Plzen company Di-Elcom. The contract should be completed in 2016.
The decision of the Supreme Administrative Court in Warsaw concluded the longtime case, definitely confirming the right of Druchema, a chemical production and service cooperative, to use the Tempo car cosmetics trademark in Polish market. Thus the court supported the decision of the Patent Office of the Republic of Poland and Regional Administrative Court in Warsaw, which had already dealt with this dispute between Druchema and the Polish company Inter Global Sp.z o.o. The subject of the dispute was breach of contractual terms and illegal conduct on the part of Inter Global Sp.z o.o., which started selling a similar paste concurrently under the same brand – Tempo. This act meant misleading of the consumer and impairment of Druchema’s rights and business activities.

Prague, 20 February 2012 - As many as 26 new trams may be delivered from the Czech Republic to the USA over the course of the next three years. Czech manufacturer, Inekon Group, entered into a contract with the City of Seattle, which undertook to purchase six vehicles and reserved an option on the purchase of twenty more. The value of the currently signed contract amounts to USD 26.6 mil. (i.e. nearly CZK 600 mil.). In the second half of this year, Inekon will commence production of the trams in the manufacturing plant of Ostrava Transport (Dopravní podnik Ostrava a.s.). The first completed tram is scheduled to arrive in Seattle at the beginning of 2014.

The Czech company FV Plats is planning to use the management system from INEKON SYSTEMS to increase their competitiveness on domestic and foreign markets.
In collaboration with the Ostrava City Transportation Company, INEKON GROUP completed the biggest project of tram modernization in our country's history delivered to an international customer. The last of eighteen trams for Sofia should leave our plant in Ostrava today. The delivery should be put into operation in the Bulgarian capital by 19 December. The contract for a complete overhaul of used tram vehicle in the amount of more than 13 million Euro was signed by INEKON GROUP three years ago.
INEKON SYSTEMS won the call for tenders for a management information system for AGROFERT HOLDING to monitor and evaluate the reporting of its subsidiaries.

Czech trams are to become part of the municipal transportation system that serves millions of people every day

After 420 of trouble-free operation, the tram supplied to Seattle by INEKON GROUP reached some 100,000 kilometer coverage. It is another historical landmark after Czech trams achieved to transport a sum of 500,000 passengers on the line from the suburbian area South Lake Union to the center. Seattle's growing liking for trams is witnessed by the fact that in last November polls the city inhabitants approved a project to build 58 kilometers of new lines till 2020. Negotiations between municipal representation and INEKON GROUP on supplies of more vehicles are on the way already.
INEKON GROUP, a. s., has received their third award in the TOP 100 Czech Companies competition. Inekon ranked among six Czech companies that achieved exceptional results in the field of innovation and deployment. In 2006 and 2007, Inekon was awarded by the non-profit organization Comenius for their dynamic growth. Top 100 Czech Companies 2008 is an established competition in which Czech companies (registered in the Czech Republic) are assessed and awareded on an independent basis. More information can be found on