OREANDA-NEWS. March 24, 2015. The SKODA Kvasiny plant and public infrastructure surrounding the East Bohemian site are to be modernized and expanded over the next few years. SKODA AUTO signed a memorandum on cooperation in Kvasiny with the Czech Government .

By 2018, SKODA will have created up to 1300 new jobs and increased production capacity up to 280,000 vehicles per year at the Kvasiny plant. The company plans to invest around 7.2 billion CZK into the site over the next three years. At the same time, the Czech state and the Hradec Kr?lov? region will be making investments into the public infrastructure and improving education and health in the city and region. This agreement clearly underlines the vital importance of the Kvasiny automotive site for the Czech economy.