Car dealer Auto Palace raised its turnover from fleet sales by 43% to CZK 3.56bn in 2015. The most important contracts were entered into with top firms on the Czech market in insurance, energetics and retail sectors. Auto Palace’s CEO Ralph Howie says that the company wants to invest ca. CZK 63m in 2016. It has also allocated further CZK 520m for possible acquisitions. Auto Palace’s owner, the AutoBinck group, has so far invested CZK 1.6bn in CR and has 450 employees.
