News By

Kostelecké uzeniny grows net profit to 102 million crowns

Kostelecké uzeniny increases profit to 102 million crowns

Czech meat-processing company Kostelecké uzeniny increased its net profit to 102 million crowns last year, while the company's revenue also grew — to 7.194 billion crowns, up from 6.89 billion crowns a year earlier.

What the company does

The company's core business is livestock slaughter and the production of sausages and meat products, along with their distribution and sale. In addition to its main plant in Kostelec u Jihlavy, it operates production sites in Planá nad Lužnicí and Most.

Revenue and exports

Revenue from sales of the company's own products in the meat-processing segment totaled 6.89 billion crowns last year. Of that amount, 1.167 billion crowns came from exports.

About three-quarters of the exported goods go to Slovakia. According to the company, in 2024 Kostelecké uzeniny exported meat and sausage products worth 1.169 billion crowns, compared with 1.146 billion crowns in 2023.

Kostelecké uzeniny within Agrofert

The company is part of the Agrofert conglomerate — one of the Czech Republic's largest business groups, the leader in the country's agri-food sector and the second-largest player in the chemical industry. The conglomerate also operates in forestry and renewable energy and employs around 29,000 people, roughly 18,000 of them in Czechia.

In February, Prime Minister Andrej Babiš (ANO) placed his Agrofert shares into a trust fund to resolve a conflict-of-interest issue.

Around Prague, based on reporting by novinky.cz

Share: Telegram WhatsApp

More U.S. news

AI Assistant Erases Law Professor's Year of Notes; Post Tops 2 Million Views
University of Chicago law professor William Baude says Anthropic's Claude deleted a year of his constitutional law lecture notes and his current syllabus while he was at lunch. He recovered every file
Miller Named Chief of Staff After Republicans Lose 42 House Seats
Stephen Miller, the architect of President Donald Trump's immigration crackdown, begins work Monday as White House chief of staff. In his first public remarks since the appointment, he pledged "total
Driver, 76, Charged After Crash Into 40-Plus Cyclists Kills One in North Carolina
A 76-year-old driver suspected of being impaired struck a large group of cyclists on a Wake County, North Carolina, road Saturday morning, killing one rider and injuring at least 12 others, according
College GameDay Panel Leans Notre Dame Over No. 1 Miami in Week 10
ESPN's "College GameDay" panel mostly sided with sixth-ranked Notre Dame over No. 1 Miami in South Bend, Indiana, in its Week 10 picks. Desmond Howard was the lone holdout, according to USA Today and
Two Licensed Skydivers Die After Midair Collision at California Dropzone
Two licensed skydivers died Friday after colliding in the air shortly before landing at Skydive Elsinore in Southern California, according to CBS News and Fox News. The Federal Aviation Administration
Astrolab Proposes Solar-Powered 5G Network for the Moon by 2028
US space technology company Astrolab has proposed a network of solar-powered stations that would give equipment on the Moon electricity, Wi-Fi, 5G connectivity and computing services. The system is ca

Related news

  • 29 September 2026, 21:20
  • News
Russian aircraft dropped a quarter-tonne bomb on a school building in Sumy, in northern Ukraine, on Tuesday afternoon, the head of the regional military administration, Serhii Kryvosheienko, said on his Telegram channel. Pupils in grades on
  • 29 September 2026, 20:50
  • News
Fresh footage from webcams near the Matterhorn shows that by late September the famous peak on the border between Switzerland and Italy has lost almost all of its snow cover. White patches remain only on the mountain's highest sections and
  • 29 September 2026, 20:20
  • News
On Tuesday morning in the Slovak village of Staškov, in the Čadca district, a student at the local school attacked classmates and teachers with a knife. According to police, 61-year-old teacher Božena Mariaková died of her injuries, another
  • 29 September 2026, 19:20
  • News
The Czech Motorists party (Motoristé sobě) posted a pre-election video on social media in which officials rise up against “pirate” and “green” bureaucrats demanding endless stamps and permits, ending with the figure of one such official — a
  • 29 September 2026, 18:50
  • News
The United Kingdom has offered nine European countries — Finland, Denmark, Estonia, Iceland, Latvia, Lithuania, the Netherlands, Norway and Sweden — protection under its national nuclear umbrella as part of the Joint Expeditionary Force (JE
  • 29 September 2026, 18:05
  • News
The brand's last factory in the regionShoemaker Bata is shutting down production at its factory in the Czech village of Dolní Němčí, Moravia — according to the company itself, this was the last operating Bata plant in all of Central Europe.
  • 29 September 2026, 17:35
  • News
The Trade Union of State Bodies and Organizations (OSSOO) has sharply criticized Prime Minister Andrej Babiš's government plan to cut a tenth of the staff at Czech state institutions. According to available information, even government mini
  • 29 September 2026, 16:05
  • News
The High Court in Olomouc has upheld a 12-year prison sentence for a man named Tomi, who in September last year stabbed a woman in the chest in the center of Brno after she rejected him in the women's restroom of one of the buildings. The b
  • 29 September 2026, 15:35
  • News
Czech national team defender Vladimír Coufal will not play against England on Tuesday at Eden Stadium in Prague — coach Santi Denia left him out of the squad. Talk of the 34-year-old's absence started on Monday, when he skipped the open par
  • 29 September 2026, 15:05
  • News
Czechia remains one of the EU countries with the lowest flu vaccination rate — fewer than 10% of the population get a shot — even though the annual epidemics cost the economy billions of crowns and send serious cases, including fatalities a
  • 29 September 2026, 14:20
  • News
Petra Wünschová, a Czech psychologist, art therapist and founder of Prague's Locika centre — the first organization in Czechia to systematically help children who have survived domestic violence and abuse — died on 28 September 2026 at the
  • 29 September 2026, 13:50
  • News
Czech human rights organizations, including Amnesty International and Prague Pride, have demanded that Prime Minister Andrej Babiš reverse the appointment of three new members to the government's Human Rights Council — Kříž, Black and Kucha