EUROVIA CS, which is doing business in the Czech Republic and Slovakia, plans to invest almost CZK 500m into machinery and equipment upgrades. The firm will hire 150 new employees. The firm raised the consolidated turnover by 20% to CZK 18.5bn in 2015. Pretax result totalled CZK 897m according to international financial reporting standards (IFRS). Return on revenues reached ca. 4.8%. Board of directors chairman Martin Borovka has stated that regions and municipalities accounted for 57% of the contracts in 2015, government institutions for 39%.