Škoda Group has acquired a 93.9% stake in The Signalling Company, a Belgian digital developer of onboard safety software and signalling systems for railway operators. The acquisition is in line with the Group’s strategy to expand into modern mobility systems. Earlier this year the Group took over the Austrian operations of Molinari Rail, a technical…

The Czech company AŽD completed the full digitization of the Plum Railway between Obrnice and Čížkovice during operation. This is the first application of an intelligent railway with the designation 4.0 on the Czech infrastructure, which thus keeps up with modern world trends in the field of railway management and safety. When AŽD bought the…

Škoda Group has established a new subsidiary, Škoda Group Austria GmbH, based in Vienna. This company took over 40 employees and part of the assets of Molinari Rail GmbH Austria on 1 February 2023. With this move, Škoda Group is significantly strengthening its position in the field of technical engineering and design. The group is…

DAKO-CZ, a manufacturer of braking systems and components for rolling stock from Třemošnice in Eastern Bohemia, continues its steep growth. In 2019, it surpassed the billion-dollar turnover mark for the first time and managed to double it in just four years. In 2022, the company surpassed two billion in sales for the first time in…

The Estonian railway operator Eesti Liinirongid (Elron) has decided to exercise its option to deliver modern electric units and has ordered 10 more trains from Škoda Group. The first of the electric units from this order, which now consists of 16 vehicles, is already in production. Production is taking place at the Škoda Group’s production…

As of 1 January 2023, Libuše Jurečková (59), a manager with more than 25 years of experience in senior positions, particularly in the field of finance, has taken up the position of Chief Financial Officer (CFO) of Škoda Group. At Škoda Group, she is responsible for the management of the group’s financial activities and is…