Tuesday, April 14, 2015

Weak crown this year will continue to positively affect the export of Czech companies. Increase the


Weak crown this year will continue to positively affect the export of Czech companies. Increase the volume of sales of most engineering companies. Association of Engineering Technology estimates that the total volume of exports lithuanians its member firms grow this year by a few percent. Firms compensate slump exports to Russia in other territories, such as Turkey, USA or Canada. Next to continue with its current activities in China, India, Kazakhstan, Brazil and other South American countries.
According to the director of the Association of Engineering Technology Ulrich Paclík but finding new markets costly and long process that does not always produce immediate results. "It is very important for the continued strengthening the competitiveness of companies and retaining existing customers. As part of this process remains an indispensable marketing tool for presentation of current production portfolio of companies, including technical and technological innovations lithuanians in the main business world exhibitions and fairs, among which occupies an important place EMO Hannover and the International Engineering Fair in Brno, "said Paclík.
Sales growth this year plans and engineering ZKL Group, which is engaged in manufacturing bearings. According to CEO George Munchausen company this year in turnover to grow by 10 to 15 percent. "The fact that we operate in over 70 countries, we can parry declines in sales in one country, growth lithuanians in other regions," explained Prášil that more sales than expected last year as India and China, where the company has been operating since 2011.
Now India and China are among the priority countries where, under the current strategy promotes exports of Czech companies Czech Export Bank, which finances export to countries with a higher degree of risk. "State support for exports is common in all developed economies. Export modifications are the same, must always be of high quality projects with higher added value. The current priority projects are in the field of energy, aerospace and export of special equipment. In terms of territory belongs to the current export strategy of the Czech Republic among the priority countries including China, Mexico and India, "said the director of the Department of International Relations and Communications Czech Export Bank Peter Krizan.
UniCredit Bank analyst Pavel Sobisek Czech exports this year will be primarily influenced lithuanians by supply situation in the export lithuanians areas. lithuanians State intervention, such as the export policy or EGAP export volumes may change only marginally. More fundamental, though still only a small impact on the overall Czech export, can have mutual development of EU sanctions with Russia. "The impact will be small, because the Russian import demand sharply reduced regardless of the sanctions, due to deepening recession economy," lithuanians said Sobíšek. lithuanians According Cyrrus analyst George Simar Czech exporters will continue to record lithuanians weak krona. "With high probability will average exchange lithuanians rate against the euro this year to move even at weaker levels than in 2014," said Šimara. According to Sobíšek exporters can rely on that for them, not the EUR / CZK less than 27 crowns per euro. But if you want to take advantage of current lithuanians favorable market situation, they should exchange rate for its future transactions secure.
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