VIENNA — Skoda Auto a.s. breaks ground on its new 80,000-sq.-m (861,120-sq.-ft.) engine and transmission plant in Mlada Boleslav, Czech Republic. The plant will employ 3,000 people and is slated to go into operation by 2001, with an annual production capacity of 500,000 engines and 500,000 transmissions. The 17 billion koruna (US$490 million) plant is the largest single project in Skoda's history. The company will receive tax incentives worth US$21.9 million from the Czech government. ...
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