AŽD PRAHA´S EFFICIENCY IN FOREIGN TRADE
19. 12. 2011Who could think that just AŽD Praha, interconnected to the Czechoslovak Railways till the year 1991 and privatized in 1992, will survive to these days as one of the few totally Czech industrial companies. Not only that it has survived but moreover, it has proved recently its capacity to be able to make a significant headway in abroad.
While AŽD Praha was only leering at foreign markets in 2002, today´s saldo of foreign projects overpasses 30 % from a total turnover of the firm. It is interesting that it won its first order in India, which is not an easy market at all. Paradoxically, this difficult order just got the Foreign Marketing Division steeled well. Afterwards, the other projects in Belarus, Serbia, Montenegro, Lithuania or Bulgaria followed. There were always supplies of sophisticated systems of railway transport control and signalling systems which had to be modified to meet the territorial practices according to valid legislation. AŽD Prahs also made such an experience that customers in abroad liked a technical solution used in the Czech republic that they included it as a new regulation in their own country. Recently, the company has implemented projects also in Slovakia, Lithuania, Egypt, Syria or even in a distant Malaysia. Turkey became a strategic market where AŽD Praha opened its representation office last year. And despite the fact the world is crushed by the crisis, the Czech company founded two important daughter companies AŽD Signalling in USA and MPC Service in Belarus. Nowadays, AŽD Praha works in 15 countries where it has opened 5 daughter companies.
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