CTP News News & Views for the CTP Community No.2 CEE Publication | Summer 2016

Amazing paper cut-out inside! Feature story 4—5 story Feature Driven by Passion Past, Present and Future of the Automotive Industry in Central Europe

What’s 3 11 12 16 Financial Worker Accomodation Robust Electric Vehicles: Inside: Fundamentals Fills a Market Gap Moving Fast in New Market the Road Ahead Taking care of the basics now Pilot Project Rolls out Successfully Drive Faster, Further, Greener ensures long-term stability Word from the CEO 2 3 Business News

s a passionate car lover and amateur Financial racer myself, the theme of this issue of the CTPNews sits close to home. The growing automobile industry’s roots and recent blossoming in CEE have been an engine of growth for the CTPark Network, which Acontinues to thrive. Across the network, occupancy has accelerated to 90%. Fundamentals Demand continues to increase and we are constructing to meet it in , Brno and Bor, amongst other key locations, driven in large part by automotive manufacturers Total Loans by Bank (%) Positive market circumstances and the low interest (value in EUR Thousands) and Tier One suppliers. 2014 2015 environment have enabled us to agree new financing 8,319 Commerz Real AG 16,382 PPF banka a.s. Since the last edition of the CTPNews, we have 1,156,359 1,558,714 8,400 Immigon Portfolioabbau AG 8,101 Oberbank AG 8,501 Oberbank AG strengthened our regional position, particularly in Romania. terms with most of our financial partners. Leveraging 100% 29,151 36,946 Všeobecná úverová banka a.s. 50,078 Landesbank Hessen-Thüringen Girozentrale 51,963 Our team were awarded SEE Industrial Developer of the Year 90% these positive trends, we have successfully lowered 74,156 ING Bank N.V. in Bucharest mid-April. We are currently constructing more 91,962 124,748 80% Raiffeisenlandesbank Niederösterreich-Wien AG than 50,000 m2 in Romania to BREEAM specifications. our cost of funding, while extending loan maturities, 128,906 141,240 Deutsche Pfandbriefbank AG In Slovakia, we finished construction for automotive clients 70% thereby creating a strong foundation for the long- 76,357 in Žilina and Voderady, and we are commencing construction 153,934 Société Générale Group term financial stability of the CTP group. 60% on a 10,000 m2 brownfield site for HP Pelzer in CTPark 123,724 160,073 Československá obchodní banka, a.s. Bratislava. Our home market, the , remains 50% 154,678 strong in terms of leasing and construction. 40% 236,281 74,918 UniCredit Bank Czech Republic and Slovakia, a.s. Continuing to imporve company operations, we are Over the past 12 months, we successfully laid a sound financial foundation for the 30% introducing new IT systems and procedures, which, when company’s growth. Having expanded our loan commitments overall from 1.1 to 1.5 billion EUR, 236,876 Raiffeisen International Group we were able to also balance those loans more evenly across a wider spectrum of lenders, thereby 20% concluded, will support the company on its natural next stage reducing exposure risk among all parties. Loan rescheduling also resulted in a 2% reduction in short

of evolution. term liabilities, providing the company time and cash to focus on absorbing acquisitions completed 10% in the previous year—all the while maintaining our healthy LTV ratio in line with past trends. In order to support our continued growth, the CTP team 399,480 319,899 0% Erste Group has also expanded. As of 31st December, our headcount was 2014 2015 For more information, contact 187. As of 31st March this year, we number 205. Growth in the [email protected] team has mainly come in our regional markets, and within our financial and accounting teams. To accomodate this growth we opened new offices in Prague where we are consolidating Loan Growth over Time and Maturity our financial and accounting services. We invite you to come of Interest-bearing Loans (In EUR thousands) and visit us, where we will be happy to show you around. Importantly , no fewer than 10 employees celebrate 10 1,558,714 Total years with CTP this June. I would like to personally thank these individuals for their ongoing trust and commitment to the 1,071,000 company. Your contributions are noted and highly valued. 1,004,000 941,000 886,000

842,947 Following years 53%Loan to Property Remon L. Vos, FRICS Value Ratio CEO

534,699 3–5 years Remon VosL. Vos, can FRICS be reached at 77,792 2 years 103,276 [email protected] 1 year 2011 2012 2013 2014 2015

Remon Vos can be reached at [email protected]

Q1 2016: CTPARK NETWORK Key deals

Romania: Developer of the Year Courtyard by Marriott CTPark Aš confidential 22,000 m� AWARDS Done Deals Clients Move in CTPark Plzeň Lidl 30,000 m� CTP was delighted to pick up the Industrial Developer of the Coming to Spielberk CTPark Modřice PPG 6,000 m� Year, in this year’s SEE Real Estate Awards, honouring the Q1 2016 was positive for CTP in terms of CTP is readying the handover of best and most active companies from the whole region. CTP’s CTP and Marriott Hotels have agreed leased deals closed. Deals comprising more a number of facilities to new clients, CTPark Bor Autoneum 8,000 m�

Hanu Laurentiu-Catalin was on hand to pick up the award. that Tower II at Spielberk will be the than 260,000 m² were concluded, taking with a significant proportion from the CTPark Bucharest West OTZ 15,000 m� home for a new Courtyard by Marriott lettable area within the CTPark Network to automotive industries, including JCI in CTPark Deva Laboratoarele Fares Bio Vital 3,000 m� hotel in Brno. Fitout is currently 3.5 million m² across seven CEE markets. CTPark Kvasiny, IAC in CTPark Zákupy, CTP News awarded underway and the international hotel is The Czech Republic registered the most and others in CTPark Plzeň and CTPark CTPark Voderady confidential 10,000 m�

CTP’s award-winning marketing team are at it again. This expecting to open late 2016. The modern activity, but the new markets Romania, Voděrady. Faurecia took up residence in CTPark Žilina Faurecia 3,000 m� time around, the CTP News printed newsletter has picked up four-star hotel at Spielberk will offer Slovakia and Hungary posted positive CTPark Žilina, IBM in Ponávka, and Iron CTPark Tatabánya confidential 27,000 m� a special award in the Fenix Content Excellence awards, in 201 luxury rooms, and help position the results, also. Mountain in CTPark Bucharest West. Czech Republic. CTP’s Čestmír Přindiš and Tom Kostelac did park as a key business destination in the the honours. region. Feature story 4 5

AUTO INNOVATORS Central and eastern Europe’s car industry has OF CENTRAL EUROPE emerged from a turbulent past and has returned nternational carmakers of all But on the other hand, it is the shapes and sizes have been lured region’s suppliers, skilled workers The people I to central and eastern Europe. and network of technical universities to its historical glory days, becoming one of Korean brands Hyundai and Kia that have given confidence to have facilities in Nošovice and Žilina manufacturers. behind the machines the most modern and productive automotive respectively, occupy a central location in Bratislava, and The growth of automotive in the manufacturing hubs in the world. ’s Peugoet Citroën sits in region has been fuelled, in part, by the Slovakia’s Trnava region. shift from low to mid-value production and by parts of the supply chain They have been drawn by the region's moving from Western Europe, as well better labour cost ratios, improving as ancillary services to the industry Hans Ledwinka infrastructure and high productivity, such as by Continental, who invested Chief Designer government incentives, and access into three R&D sites across the region, to the single European market. one of which sits in CTPark Ostrava.

Hans Ledwinka (14 February 1878 – 2 March 1967) was an Austrian automobile designer. He started his career as a simple mechanic, and later studied in Vienna. Ledwinka returned to work at the Tatra company in then , and between 1921 and 1937 he was their chief design engineer. Ledwinka made a number of major contributions to automobile design, including the development of the streamlined car body. He met often with close friend and business rival, , and the question of creative seepage still lingers today. Of Ledwinka, Porsche admitted “… sometimes I looked over his shoulder and sometimes he looked Carland over mine” while designing the . There is no doubt that the Beetle Central Europe bore a striking resemblance to the earlier Tatra. In 2007, Ledwinka was inducted in the European Automotive Hall of Fame.

Béla Barényi

Béla Barényi (1 March 1907 – 30 May 1997) was an Austrian engineer of Hungarian and Austrian heritage. He is regarded as the father of passive safety in automobiles. Barényi was known as a prolific inventor. There have been claims that, when he retired on 31 December 1972, he had more than 2000 patents, twice as many as Thomas Edison. Heading the pre-development department of Daimler-Benz from 1939 to 1972, he developed e.g. the concept of the crumple zone, the non-deformable passenger cell, collapsible steering column, safer detachable hardtops etc. and other features of Mercedes-Benz automobiles. Barényi was nominated for the award of Car Engineer of the Century in 1999 and inducted into the Detroit Automotive Hall of Fame in 1994.

Jozef Kabaň

This innovative tradition lives on today, where young car designer, Jozef Kabaň (1973), moved his way up the corporate ladder of Volkswagen and Audi, designing such as the Volkswagen Lupo, Seat Arosa and recently, as head of Exterior Design at Škoda Auto, the new edgy designs for the Superb, Octavia and Fabia. His greatest 1936 Tatra T77, with claim to fame is that he submitted a sketch for a new car, the Bugatti Veyron, which its early avant garde aerodynamic styling went form sketch to car with almost no noticeable difference.

IN THE BLOOD ŠKODA CZ DACIA RO TATRA CZ TATRA STORY

Many recognisable auto brands started out in The Czech Republic’s Škoda began Romania also had its home-grown Tatra is the second oldest car Tatra was founded originally as Schustala & Company, central Europe, though few have enjoyed an life in 1895 as Laurin & Klement, brands, the now-defunct Aro, and manufacturer in the world behind a wagon and carriage manufacturer. In 1897, the company incident-free journey. Shifting economic powers re-emerged after 1991 when it was later Dacia, whose origins trace only Daimler. Taking its current produced the first motor car in central Europe, the and the tides of war made getting anything done it gradually privatised, and later back to 1968 when the the factory name from the mountain range “Präsident”. In 1919, it changed its name to Tatra, and during purchased by the Volkswagen was built in Colibasi, near Pitesti on the Polish-Slovak border, Tatra World War II, Tatra was instrumental in the production of in central Europe rather difficult, which is a Group. Today, the Škoda brand is Currently part of the Renault began in 1850 and later became trucks and tank engines for the war effort. While production testament to the longevity and perseverance one of the most successful in the group, Dacia has a rather recent known as a luxury car brand of passenger cars ceased in 1999, the company produces of the skill and vision of the people behind the world, with history, but is between the a range of primarily all-wheel-drive trucks, from 4×4 to brands. global sales also growing wars, and is 18×18. The brand grew in fame as a result of Czech truck reaching 1.06 and is known now best known racer Karel Loprais: in 1988–2001 he won the off-road race The future of the million cars. throughout for its rugged six times with the TATRA, earning the nickname: Europe. trucks. “Monsieur Dakar”. automotive industry…

CONTINUE ON PAGE 16 Construction

Property Management

The CTPark Network offers companies and their employees a pleasant working 6 environment, as well as premium 11 services such as shuttle connections to public transport, restaurants, accommodation, and medical services.

Stefan de Goeij Head of Property Management

Accomodation buildings

Breaking New Ground Accomodation Pilot: CTPark Bor

Construction continues across the In recent months, CTP has focused heavily on supporting clients with their HR requirements. Due to strong GDP growth in recent years, some regions are network, driven by the demand from experiencing historically high employment rates, and we are helping our clients existing CTP clients. CTP plans the to attract high quality workers in a very competitive labour environment. construction of approximately 540,000 m2 We recently completed phase I of our worker accommodation facility at CTPark in 2016, with approximately 185,000 m2 Bor, which is already 100% occupied. Workers appreciate being able to limit travel currently under construction. and other transport expenses. A further 200 beds come online in June, when we finish Phase II, and we expect it to be fully occupied within short order.

KEY SITES INCLUDE:

CTPark Cluj Profi 26,000 m� CTPark Kvasiny Johnson Controls 10,600 m� CTP is currently conducting feasibility CTPark Humpolec II Schenker 10,500 m� studies at additional parks within CTRark Modřice confidential 19,800 m� Connecting Job-Seekers to Jobs CTPark Humpolec Valeo 7,500 m� the network that would benefit from Our work portal, skvelaprace.cz, currently piloting in the Czech Republic, CTPark Bucharest West OTZ 15,000 m� accommodation facilities and is performing well, with approximately 272 job applicants and roughly 500 CTPark Bucharest Ironmountain 20,000 m� related services. visitors per month. Skvelaprace.cz is free for our clients to use, and many CTPark Bratislava HP Pelzer 11,000 m� have taken us up on the offer of sharing available jobs and welcoming the efforts of CTP in promoting availability and securing local labour.

skvelaprace.cz

For more information contact: [email protected] Regions 12 13

Laurentiu-Catalin Hanu Marian Orzu Valeriu Toma Dan Florin Flesariu Regional Director Head of Leasing & Business Development Head of Property Management Operations Manager

FOCUS: ROMANIA CTPark Bucharest West CTPark Bucharest West is prominently located 23 kilometres west of Bucharest City Centre (second exit from the city) and has direct access to the A1 motorway. A1 is the main motorway in Romania that leads to the west (Hungary). The park is situated just 7 km away from the future Ring Road that will provide access to the International Airport within approximately 25 minutes. Robust Romania! CTP is currently constructing a 30,000 m� facility, of which 15,000 m� is pre-leased to logistics company OTZ. The park has A remarkable 2015 has thus far been potential for an additional 230,000 m� built- -up area, and CTP is already speaking with followed by an excellent 2016 in Romania. a number of prospects on taking space at this ideally-located business park. Occupancy is rising across our portfolio, highlighted by key leases such as the award-winning OTZ deal in CTPark CTPark Sibiu Bucharest West, the pre-lease of our CTPark Sibiu is located equidistant between Bucharest (267 km) and the Hungarian border newbuild at CTPark Bucharest by the (268 km), in an area which has the longest likes of Ironmountain and DSV, and industrial tradition in Romania. Sibiu is home to 148,000 inhabitants, 40% of which are employed Romanian mainstays, Profi, taking 19,000 in industrial activities. The park is located in the vicinity of two European routes E68 and E81, m2 at CTPark Cluj. Romania’s macro and just off the A1 motorway which runs from Sibiu city all the way to the Hungarian border. numbers are on the up, and investors, like CTP is currently preparing groundworks CTP, are eyeing the market for its diverse for a facility for an existing CTP client, who have decided to expand operations into and plentiful opportunities. In Q1, CTP Romania with CTP. strengthened its grip on the market, and CTPark Bucharest we continue to register interest in space In an established location on the A1 Bucha­rest—Pitesti motorway and CTPark Cluj from existing and new clients alike. just 2 km away from the city, CTPark Bucharest offers A-class units for warehouse and light industry. With superb infrastructure and links to CTPark Cluj is one of the first institutional industry Europe-wide, Bucharest makes connections with 200 million class A industrial parks to be developed in customers within 1,000 km. the Cluj area by an international developer. CTP is currently constructing a 15,000 m� facility, already 100% Strategically located in the proximity of pre-leased to clients such as Iron Mountain, DSV and Englmayer. International Cluj Airport, CTPark Cluj There is approximately 100,000 m� of planned construction in the offers a full range of CTP building types, for park, which can be completed within 9 months of ground-breaking. manufacturing, logistics and R&D operations. CTPark Cluj will deliver its first 25,000 m� built- to-suit class A building in Q2 2016. CTP is constructing a 19,000 m� facility for Romanian retailer, Profi, expected completion in Q2.

REGIONAL ROUNDUP

At 3.7 percent, Romania had one Romania’s macroeconomic situation is stable, with low very large deals. However, it is notable that 2015 witnessed an Quick Facts: of the highest growth rate in the inflation and external deficits, but risks are important. Growth equally large number of transactions, proving that the market European Union (EU) in 2015, is strong, fuelled by the fiscal relaxation and by improvements was still liquid and maintaining its momentum. Population 22 million 3.7% in the labour market. Gradual improvements in labour demand Market volumes were dominated by industrial/logistics GDP (PPP) EUR 192 billion One of the highest growth driven primarily by domestic and recent wage policy changes have led to rapid increases transactions (41%), making 2015 an all-time record year for rates in the European Union 3.7% growth CTPark Cluj in wages. Economic growth has also positively impacted this sector. CTP was the most active international investor demand. Over the last 26 years, 3.2% 5-year compound annual growth the country has made considerable employment, but improvements in labour force participation CTP, acquiring six industrial properties across Romania for a and job creation have been below expectations, signalling combined total value of over €130 million. Prime industrial EUR 8500 per capita CTPark Sibiu progress in developing the continued rigidities in the labour market, including skills yields now stand at 9%. Unemployment 7.2% institutions for a market economy. mismatch. Prospects for 2016 are positive given that the economic Inflation (CPI) -3.0% Joining the European Union (EU) in mil. growth of the country is forecast to be one of the highest in FDI Inflow $280 million CTPark Bucharest 675 Property investment volumes in Romania totalled €675 Europe; the good availability of quality product; and the still

CTPark Bucharest West 2007 was a driving force for reform Property investments million in 2015, coming off the back of a very strong 2014, when significant yield spread between Romania and Poland or the and modernization. volume in 2015 (€) ca. €1.17 billion was transacted, including a number of unique, Czech Republic. Regions 14 Inside CTP 15 Who is New in CTP

CTP has a number of parks Celebrating 10 years together Michal Hlucháň Film Director in the region, the most We are delighted to announce that 10 employees celebrate their 10 years at prominent of which are CTP this year. Congratulations and many thanks to the following for their commitment over the years: CTPark Ostrava, CTPark Hranice, CTPark Nový Jičín Radek Maar Josef Šindelář Michal joins CTP as our in-house Film Tomáš Budař Vladimír Schreiber and more recently CTPark Director, responsible for documenting Luboš Zajíček Tomáš Nenutil the company and creating sales and Nošovice. Activity in the Arno van Hummel Jaroslav Hamrla marketing materials. region has been gaining Jitka Furchová Martin Fodor speed, particularly at the Michal originally studied tax and economics in Slovakia, however from end of 2015 and Q1 2016. an early age, he was fascinated by the world of motion picture. He has worked on numerous commercials, documentaries and Czech feature Ostrava films. His passion for film has taken Regionally, CTPark Ostrava saw the him around the world to many weird most activity since last publication, with and wonderful places, from the wilds over 12,000 m² of space signed with of northern Scotland, to the deserts of prolongations, extensions and new deals Tian Shen in eastern Kazakhstan. with manufacturing as well as office tenants.

Nový Jičín In Nový Jičín, CTP recently delivered a 12,000 m² production facility, with expansion options, to automotive climate control specialists, HVCC. In OTHER KEY HIRES CTPark Hranice, we agreed an extension with automotive parts manufacturer, Nothing down about the Dolomites the Korean company DAS. 27 agents and key partners from Czech Republic, Romania, Slovakia and Hungary joined CTP’s Remon Vos and the business team on a weekend of skiing and Michelin-star fine dining in the Corvara region of the Italian Dolomites Nošovice in late-March. CTPark Nošovice was one of the more

FOCUS challenging projects in recent years, Vltava Run however all permits are in place and The CTP Revival team competed in the Vltava Run 2016—a 360 km running relay construction is beginning on this from the Šumava mountains to Prague, finishing in an incredible 31 h, 6min and 20,000 m² park, directly adjacent to the 21s. The team comprised of 12 current and former CTP colleagues and friends. Hyundai production facility. The park Congrats! is expected to be highly attractive to CTP Colleagues Pictured: Capitan Pavlína Adamíková, Petr Janáček, Filip Gabriel Calin Andrea Bizon Barbora Plachká North Korean suppliers to the Hyundai facility, Slabohnský, Jiří Kostečka, Jiří Krátký, Tomáš Konderla, Antonín Lečbych. Park Manager CTPark Head of Treasury, Payments Specialist or other Tier One suppliers. Former Colleagues & Friends: Tomáš Novotný, Veronika Prokopová, Martin Bucharest Romania The Moravia—Silesia region lies in the northeast part of the Czech Republic, bordering Dočekal, Pavel Prokop, and Daniel Polášek. Poland to the north and Slovakia to the southeast. The region is known for its rich industrial heritage. For centuries, prominent industries in the region were those related to mining and steel manufacturing in the Ostrava and Karviná areas. Today the region is North Moravia in numbers: transitioning from heavy-industry to high-tech, and offers investors favourable conditions, Population 2.2 million leveraging the embedded technical knowledge of the local population, who are well GDP (PPS) EUR 15,300 educated and maintain a strong work ethic. High-quality technical universities and the Unemployment 10.3% strategic location at the crossroads of Poland, Slovakia and the Czech Republic have served to attract major players in the areas of software development, pharmaceutical International investors in the area include: Ľubica Sieglová Zuzana Fiantoková Jitka Dykastová ABB, Brembo, Arcelor Mittal, Continental, IT systems administrator HR Manager Group Controller manufacturing, engineering and R&D. Sungwoo Hitech, Tieto, ITT, Hyundai

Martin Vorel Pavel Pokorný Flóra Badacsonyi Project Manager MEP Designer / Price Financial Manager, FOCUS: PLZEŇ for Bohemia Manager Hungary

David Řehoř Florin Stroe Dragos Lup Senior Project Manager for Senior Project Manager, Project & Property Manager, Recent activity features the ongoing CTPark Plzeň has experienced Bohemia Bucharest Bucharest a significant increase in leasing customised fitout and extension of the 30,000 m² facility for Lidl in BP 18. We Václava Přibková Florentina Marin Jiří Krátký and construction activity are nearing the completion of BP 19 for a Property Management Assistant to Head of Property Design and Purchase confidential client. The recently finished through recent months. The No ½ measures Administrator Management, Romania Manager park, located in the famous CTBox units are nearly fully occupied and Hisense recently moved into its 10,000 m² Team Red represented the company well during the Prague ½ marathon which took Piotr Klank Markéta Brodinová Andrei Koszti Bory Fields of Plzeň, is now electronics manufacturing facility at BP 5. place early April. CTP’s Kaizr, Adamíkova, de Goeij, Macková, Vos, Aleva and Chládek Region Director, Poland Assistant to CEO Project manager, Bucharest approaching 100% occupancy. all finished within expected times, sporting a newly designed CTP sports shirt. Owing to the pull of Plzeň as a Mihaela Musat Janka Zemanovičová Filip Slabotinský Office Manager, Romania Office Manager manufacturing base in central europe, Designer CTP has purchased additional land within Putting education first the park as well as in the nearby town of CTP was the main sponsor of the EBEC technical students’ competition, which Blatnice to ensure capacity for our client’s took place in the faculty of Mechanical Engineering in Brno’s Technical University. expansion and to accommodate new A few weeks later, CTP was delighted to partner with RICS and Klub Investoru companies to this area rich in industrial on a seminar held in Prague’s University of Economics on the subject of ‘the role tradition. Business in Urban Planning’. To contact CTP personnel: [email protected] Backpage Beat 16

CONTINUED FROM PAGE 5 COMPANY ANNOUNCEMENTS

As part of our ongoing digital transformation, CTP has invested into a fleet of interactive touchscreens, which you can find in our Inspired by Tatra regional HQs, for visitors to find, search, and share interactive content about the company. We hope you will come try it out for yourself! CTPNews recently interviewed entrepreneur Maurice Ward, of the eponymous logistics and transport company, about his design & creation of the unique LUKA Electric Vehicle (EV), and the future of mobility.

CTP: Where did your idea to build an to use hub motors was made, the ‘platform’ prove that using in-wheel hub motors facilitates electric car come from? design was relatively straightforward. The a complete rethink about how cars are built. MW: While thinking about alternative forms of platform is capable of supporting many body transport, I bought an electric ‘tadpole’ trike. shapes & styles and is still evolving. The LUKA CTP: Do you think electric cars are the This trike was powered by a single, very small III will have an aluminium chassis with various future of mobility? Sneak peek in-wheel hub motor & a very tiny battery. The novel materials added to give additional MW: Without doubt, electric cars are the CTP’s marketing team is putting the finishing trike seemed amazingly efficient with a very strength. And having nothing in the engine future of mobility. What needs to happen is touches on our 2015 Annual Report. This year, long range on pure battery power. This got me bay has opened up new possibilities for various already happening. Battery prices are falling; we’ve changed things up a little with upgrades thinking that if in-wheel hub motors can work innovative safety features. governments are taking steps—for example the to the design, content and augmented video so efficiently on a trike, they Dutch are debating a bill to material. might have potential in a car. ban all new ICE cars by 2025; Watch a sneak preview of the photo shoot After further investigation, it Tesla are putting EVs in the with CTP Top Management, and legendary quickly became apparent that eyes of the general public & photographer, Goran Tačevski. building a car using in-wheel other established car makers. hub motors was orders of who have seen the writing on magnitude less complex than the wall, are jumping into the building a car using traditional ring. propulsion methods. I expect to see electric cars with a range of 1000km CTP: Were you inspired by the within 10 years. I see electric automotive heritage of the cars fundamentally changing region? the way electricity is used. MW: Yes. Czech Automotive The car battery can not only history certainly influenced power your car, it can power phase 2 of the idea. The your home. This availability external design of the car was of distributive energy storage CTP iPad app heavily influenced by old Tatra will mean that wind & solar Did you know that CTP has an iPad app? If you design principles. Back in the day, Tatra made CTP: Who do you think will buy it? power become more attractive. I expect future haven’t done so already, jump over to the iTunes some of the best, most innovative cars of their MW: While selling cars was never our main generations to look back at the last 100 years store and download it today for free. Search, times. Tatra were true innovators. purpose, we have daily sales inquiries from of the internal combustion engine & think we select and share favourite properties (or groups all types of people & organisations all over the were all crazy to have used fossil fuel in this of properties), and use the Smart Reader to CTP: Who designed and built the car? world. The market is really anyone who wants way. Eliminating ICE will be a huge step in view additional behind-the-scenes content. An MW: The car was designed in house by myself to drive one of the most efficient highway- the right direction. Our hope is that the new update is in the works, as well as a version for & the Maurice Ward IT team. The first external capable cars in the world at a price lower than technology we are showcasing with the LUKA Android. Watch this space. body style is the Retro coupe & this is heavily an equivalent internal combustion engine (ICE) EV will be an integral part of the movement by based on a Tatra prototype from the 1950s that car costs. People who value classic styling will showing big car makers a totally new way to was never mass produced. Once the decision also appreciate the LUKA EV. Our focus is to make cars lighter & more efficient. ABOUT THE ARTIST

UPCOMING EVENTS

September 20 CEE Property Forum 2016 October 2–3 Speedchain Czech October 3–5 Pavel Procházka ExpoReal 2016 The author of this issue’s cover-art and the cut- out car illustration featured in our centrefold, October 10–11 CEE Automotive Conference 2016 is a graphic designer from Prague. Hailing from Vlašim, at the age of 18 he moved to Prague to study graphic design. After his studies he We recenlty launched a new Events page on spent some time as an intern at October Stone ctp.eu, where you can see all major events that Design Studio in Londonderry, Ireland. He has Doksyrace we will be attending in the coming months. There worked for several advertising agencies in is also an archive where you can read reports on Prague and his work covers a wide range of CTP returns as the main sponsor of the CTP DoksyRace for the 3rd year in a row in 2016. In early September, 200+ professional and amateur athletes will tackle the half- our past events and view pictures and media. activities. In the past two years he has worked ironman triathlon which takes place in the picturesque countryside north of Prague. externally for the ABC magazine for which he Sign up today or gather a team of friends – do you have what it takes to be a finisher? ctp.eu/en/company/events/ created several series of original cut-out paper characters.

Colophon CTP | CTPark Humpolec 396 01 Humpolec MIX — Paper from responsible sources, FSC® C109471. Printed in the UPDATE YOUR PREFERENCES If you want to stop recieving Czech Republic Czech Republic on paper certified by the Forest Stewardship Council® as the print edition of CTP News, or add/change who recieves the news (+420) 565 535 565 derived from responsibly managed forests and other controlled sources. in your company, please write to [email protected] www.ctp.eu WHEELS, TYRES & ASSEMBLIES KEY GLUE Bridgestone / Michelin / Continental / Voith READY CTPark Bor / Ostrava / Bratislava / Trnava CABLE PROTECTION

Fränkische TO RIDE CTPark Turda SEATING SYSTEMS / SEATBELTS CEILING ACOUSTICS Confidential HP Peltzer CTPark Voderady, CTPark Pitești / CTPark Bratislava RUBBER WINDOW LINERS CTPark Ostrava / CTPark Bratislava Cars are hot–and big business for the region. It’s time to fuel your passion for Henniges the automotive sector. Simply follow the CTPark Hranice BRAKES & PADS BRAKES & PADS instructions below to cut out and assemble your very own “CE Class” Koni / ITT roadster. We’ve gathered a network of CTPark Ostrava suppliers in one place, simplifying the assembly process dramatically.

When you’re finished, don’t forget to send us a pic with your completed car, to:

[email protected]

HEADLAMPS AND BLINKERS

Automotive Lighting CTPark Jihlava

EXHAUST SYSTEMS

POWERTRAIN SYSTEMS Faurecia CTPark Mladá Boleslav Continental CTPark Ostrava

INTERIOR LIGHTING HEADLINERS

INTERIORS Hella Groupo Antolin CTPark Bratislava CTPark Ostrava / CTPark Hranice Autoneum CTPark Bor

CREATED BY PAVEL PROCHÁZKA

ASSEMBLY INSTRUCTIONS READY TO ROLL MLADÁ BOLESLAV HOTSPOT EAST BOHEMIA HOTSPOT NORTH MORAVIA HOTSPOT

Mladá Boleslav is home to Czech power-brand, Škoda TPCA Kolín is a joint venture between Toyota Motor Korean car-maker Hyundai opened its European plant in Auto, since 2000 a wholly-owned subsidiary of the Corporation and PSA Peugeot Citroën. TPCA Kolín Nošovice, Czech Republic in 2008, following an The largest integrated Volkswagen Group. Škoda’s Mladá Boleslav site is not produces small cars mainly for the European market. investment of over EUR 1 billion. The plant has an annual only home to the brand's headquarters and R&D Major bus makers Sor and Iveco also have factories capacity of 300,000 cars. In nearby Kopřivnice, the network of premium department, but is also the location of Škoda's largest nearby deepening the supply chain. Tatra factory specializes in heavy trucks and military production facility in the world. vehicles. The region is host to a wide array of suppliers business parks in MANUFACTURERS: Toyota, Peugeot, Citroën, Sor, Iveco serving not only the Czech-based manufacturers, but Central Europe. MANUFACTURERS: Škoda Auto also the large Ford and Opel manufacturers just across the Polish border. PL

MANUFACTURERS: Hyundai, Tatra, Fiat, Lancia, Ford, Opel www.ctpark.eu LIBEREC

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TEPLICE ML. BOLESLAV I ML. BOLESLAV II

ŽATEC LOUNY LYSÁ N. LABEM

AŠ KADAŇ NORTH SLOVAKIA HOTSPOT ZDIBY HRADEC KRÁLOVÉ CTBox In April 2007, Kia opened its first plant in Europe, at the (450–800 m2) initial cost of €1 billion, in Žilina, Slovakia. The eventual CHEB KVASINY OSTRAVA capacity of the plant is 300,000 units per year. It is one The three-in-one functionality IQ OSTRAVA of the few auto factories in the world that is capable of TÝNIŠTĚ building up to eight diºerent models on the same line, of the CTBox concept provides PARDUBICE HLUBOČKY and build ratios can be tweaked to suit demand. PRAGUE NORTH HRANICE showroom, warehousing and BOR PLZEŇ PRAGUE EAST office space in one efficient unit. BLATNICE CERHOVICE DIVIŠOV NOŠOVICE MANUFACTURERS: Kia LVIV PRAGUE WEST NOVÝ PRAGUE AIRPORT LIPNÍK JIČÍN EUROPORT N. BEČVOU BARRANDOV PŘEŠTICE CTFlex HUMPOLEC ŽILINA (1,150–3,000 m2) JIHLAVA CTFlex buildings are multi-purpose PONĀVKA SPIELBERK facilities pre-built throughout CEE to CZ support diverse business activities. UH. HRADIŠTĚ OKŘÍŠKY BRNO PÍSEK BRNO SOUTH RETAIL PARK MODŘICE

WEST BOHEMIA HOTSPOT BLUČINA POHOŘELICE West Bohemia is home to the wide network CTSpace MARTIN POPRAD PREŠOV of auto suppliers focusing on the German ČESKÉ (3,000–20,000 m2) manufacturers BMW and Audi whose plants VELENICE HRUŠKY are just across the border, allowing them to High-quality, modern warehouses leverage the embedded technical knowlege and lower costs in the Czech region. UA to accommodate the storage, distribution and supply-chain TRNAVA SK needs of global business.

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NITRA VODERADY CTFit (From 5,000 m2) WEST SLOVAKIA HOTSPOT CTP specialises in custom-built With the recent annoucnement of Jaguar-Land Rover to open a new plant here, the region will properties and fit-outs to meet soon be host to four major manufacturers in even the most demanding, Bratislava, Trnava, Nitra, and Voderady. industry-specific requirements. MANUFACTURERS: VW, Audi, Porsche, Peugeot, GYŐR Citroën, Jaguar-Land Rover FIVE UNIQUE DEVELOPMENT TYPES FIVE UNIQUE DEVELOPMENT CTOffice (From 195 m2) TATABÁNYA HU A-class, cost-effective office MÓR AT MD space developed in strategic ÜLLŐ locations to support a range SZÉKESFEHÉRVÁR GYŐR HOTSPOT of activities. Audi AG subsidiary company Audi Hungaria Motor Kft. has a large factory in Győr, where the Audi TT sports car, the A3 Cabriolet, A3 Limousine, and many engines (1,913,053 engines in 2007) are built. The factory opened in 1994, at first producing inline-four engines for MADARAS the Audi marque. Engines are also supplied to other Volkswagen Group marques, but over 90% of Audi CLUJ-NAPOCA vehicle engines are made here. More than 11,400 people are employed in the Audi factory in Győr. BUDAPEST HOTSPOT

MANUFACTURERS: VW, Audi, Porsche Magyar Suzuki Corporation is an automobile manufacturing plant, subsidiary of Suzuki, located in Esztergom, Hungary and founded in 1991. Constructed RO with an investment of EUR 45 million, the plant initially produced 1.0-litre and 1.3-litre Suzuki Swifts, reaching TURDA the ten thousandth car in 1993. On 6 October 2006, the plant produced its one millionth car, a five-door second generation Suzuki Swift. ARAD

IT MANUFACTURERS: Suzuki, Mercedes-Benz BRNIK

TIMIȘOARA SI DEVA I DEVA II SIBIU CTPark Network Stand-alone Developments

DACIA HOTSPOT

Automobile Dacia S.A. is a Romanian car manufacturer that takes its name from the historic region that constitutes much of present-day Romania. The Dacia manufacturing plant in Mioveni, Argeș County is currently Europe's fifth biggest car manufacturing facility by volume produced with a total of 412,718 units (cars HR and CKD kits) delivered in 2013 and 511,465 units in 2014. MANUFACTURERS: Dacia

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