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PROCESSES OF CONCENTRATION IN SUGAR INDUSTRY

100%
Kondrakiewicz T.
Olsztyn Economic Journal
|
2009
|
vol. 4
|
issue 1
196-124
EN
The paper presents the progress and the consequences of concentration processes in sugar industry. The studies encompassed both market and production concentration processes. The current structure of entities in the sugar market is the effect of statutory regulations and several years of ownership-capital transformations that lead to development of five owner groups. Within those groups concentration of production occurred as a consequence of which a significant improvement of production-technological results of sugar industry and its raw materials base took place. The situation in the sugar market is determined to a high extent by its specifics and the market conditions that encompass statutory regulations, demand factors and the global market situation. The currently taking place sugar market reform is to result in a decrease in prices and production volumes, which requires termination of production in consecutive sugar refineries and taking up other types of production by such plants. This forces further restructuring and concentration processes. Only the most productive and modern refineries will be able to continue production.
2

FINANCIAL STABILITY OF THE CZECH INSURANCE COMPANIES

75%
Přečková L., Palečková I.
Ekonomický časopis (Journal of Economics)
|
2023
|
vol. 71
|
issue 1
65 – 86
EN
Financial stability has become an important topic, especially in recent years. However, there is no consistent approach for measuring the financial stability of insurance companies. The aim of this paper is to construct the summarized financial stability index for the insurance companies and applied this index on the Czech insurance companies. We construct and applied the financial stability index separately for insurance companies that predominantly provide life insurance and non-life insurance. The financial stability index focuses on five areas. The results show that insurance companies specialised in a particular non-life insurance product are more financially stable. The research suggests that the evolution of insurance companies has been influenced by organisational changes and economic changes. During the period 2004 – 2019, the examined insurance companies did not show any problems in terms of financial stability.
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