Agrofert Case Study

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The position of Czech Republic in international trade is directly connected to import and export of the country, and with the most important industries of Czech republic, which considerable influence the marketplace.(Kurzy.cz, 2016) The Czech Republic is the 30th largest export economy in the world and the 6th most complex economy according to the
Economic Complexity Index. Czech Republic exports 396 products which share of global exports is larger than it would be expected from the size of export economy and product´s global market. (Atlas.media.mit.edu, 2013) According to data, export has increased in 7,3% and import has increased in 6,6% year-on-year, in 2015. In conversion to Euros, export has increased in 9,5% and import has
…show more content…
Final Report Corporate OSART 2013 awarded ČEZ with so called good practices - certificates for sample attitude for further global establishers of nuclear institutions. (Cez.cz,
2015)

Table 4: Development of Electricity Demand in Czech Republic (Cez.cz, 2015)

Agrofert, a.s., was founded in 1993 by Ing. Andrej Babiš. In the beginning, only 4 employees took care about struggling success of fertilizer store. Now, the company has more than 250 subjects from chemistry, agriculture, grocery - food production, forestry, wood, ground technologies, technique and transport, refundable sources and media industry.
Agrofert has become one of the biggest private employers in Czech Republic, first in agriculture and second in chemistry industry as a Synthesia shareholder. Preliminary profit before tax was calculated to 221,5 million Euros. The company works in 18 counties and 4 continents. (Agrofert.cz, 2016) Agricultural subsidies obtained from the European Union went through two agricultural funds and have helped Agrofert to reach the first place. However, company pays much more money to the state than it gains from it in the form of

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