Purchase of Pars Nova cleared

SKODA: The Czech competition authority has approved Skoda Transportation's planned purchase of Sumperk-based rolling stock firm Pars Nova, which specialises in the modernisation of DMUs (RG 12.07 p789), trams and other vehicles. Pars Nova has 840 staff, and recorded a profit of KC29m on turnover of KC1·3bn in 2006.

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