Last year, AŽD Praha slightly increased to CZK 958 million, and the company’s turnover also increased
April 27, 2022, Thu.
27.4. – From October 2020 to the end of September 2021, AŽD Praha improved its net profit by almost two percent to 958.5 million crowns. The company’s turnover then rose by about a billion to 9.5 billion crowns. This follows from the company’s annual reports published in the Collection of Documents. AŽD Praha is a supplier and manufacturer of security, telecommunications, information and automation technology, especially for traffic constructions.
According to CEO Zdeněk Chrdle, the past accounting period, ie the financial year 2020/2021, was complicated by the covid-19 pandemic, which meant a number of restrictions for the company. Even so, Chrdle evaluates the year as successful.
According to the annual reports, the main part of AŽD Praha’s business was again focused on railway transport, where it applied for modernization and reconstruction of infrastructure or technological projects and constructions to increase the safety of railway traffic. This includes, for example, the installation of ETCS on-board units on trains. She was also active on the road, where the company confines itself to implementing telematics systems or building a security system in the Prague metro. The largest customers of AŽD Praha have traditionally been the companies Správa železnic, České dráhy ČD Cargo.
AŽD Praha is one of the largest companies in the field of security technology on the Czech market. The company has only Czech capital. At the end of September 2021, 1,755 people worked in it. The company has 24 subsidiaries, of which 11 are abroad. Four companies are in Slovakia and one each in Bulgaria, Serbia, Belarus, Croatia, Bosnia and Herzegovina, Turkey and Poland.
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Photo: AŽD