Škoda Group, a leading international provider of public transport solutions, consolidates its market position through innovation, digitalisation, and the development of its portfolio of vehicles and services. Growth in order volumes has facilitated significant investment in production capacity and job numbers.
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Škoda Group
Škoda Group’s development programme encompasses a full range of mobility solutions, including trains, trams, trolleybuses, electric buses, hydrogen buses, and metro vehicles. It also supports these systems with comprehensive servicing, maintenance, digital systems, signalling, and in-house production of high-level electrical components. The group is increasingly moving towards sustainable, next-generation smart transport solutions for data-connected transport infrastructure in future smart cities, along with 5G connectivity.
Škoda’s digital division focuses on innovating control, diagnostic, and autonomous systems for vehicle operation and maintenance. A key 2024 project was the Smart Depot ecosystem’s demonstration of automated driverless Škoda tram operations in Tampere. In partnership with universities, work also continued on the development of a fully autonomous tram. Škoda also showcased its Automatic Train Operation system on Latvian commuter trains, cutting energy use by up to 15%. It achieved TBL1+ safety certification for Belgian railways, with ETCS upgrade-ready signalling technology.
The year 2024 was a transformative period for the group, marked by a focus on stabilising production and streamlining supply chains. Strategic markets include the Czech Republic, Slovakia, Finland, Germany, the Baltics, Bulgaria, Italy, and Poland. Škoda also expanded globally through partnerships with Hyundai Rotem and Hyundai Motor Company, while exploring opportunities in Central Asia and India. The acquisition of Czech company Cegelec strengthened the group’s sustainable electric component business.
Škoda Group secured several major contracts in 2024, including orders for commuter trains for Bulgaria and the private carrier RegioJet, as well as battery trains for České dráhy. Option orders were fulfilled for trams for Brno, Tampere, and the operator RNV (Mannheim, Ludwigshafen, and Heidelberg).
New trolleybus contracts were signed for České Budějovice, Pardubice, Brno, and Tallinn. In components, Škoda secured propulsion system contracts for trolleybuses in Genova and Tychy, and electric buses in Košice. Ongoing projects advanced: tram production began for Prague, Bergamo, and Kassel, alongside the first deliveries to Frankfurt and Cottbus. The world’s longest tram, Škoda 38T, was handed over to Mannheim, with new trams entering service in Bonn and Bratislava. The Bonn tram received the Red Dot Design Award. Production of metro trainsets for Sofia also commenced.
In rail segment, the first Czech battery trains entered service in the Moravian-Silesian Region, and deliveries of 110 RegioPanters for České dráhy were completed. ComfortJets, developed and produced with Siemens Mobility, began operating on the Prague–Berlin route. Deliveries to Latvia were finalised, and first units arrived in Estonia.
In the trolleybus sector, the Škoda 24m – the longest trolleybus in the Czech Republic – commenced service on the Prague Airport route. Deliveries to Vilnius continued, and contracts for Pardubice and Prešov were completed. Škoda also supplied traction motors for Landskrona trolleybuses. Modernisation projects included refurbishments of Gothenburg trams, ÖBB couchette coaches, Arriva DMUs, and Lithuanian double-deck units.
In 2024, Škoda Group posted revenues of EUR 1.1 billion. As production expanded, the workforce remained steady at around 10,000 employees (including Temsa). During the year, the order backlog surpassed EUR 3.5 billion, while the group invested EUR 66 million in CAPEX, including R&D expenditure.
TEMSA
This Turkish manufacturer is jointly controlled by Škoda Group and Sabanaci Holding, operating in 70 countries, with a broad portfolio of urban and intercity buses and coaches. The company has subsidiaries to support sales and provide after-sales services in France, Germany, and the United States. Its main plant in Adana has an annual production capacity of 10,000 vehicles. TEMSA is a major local employer with a workforce of more than 1,400 employees. In 2024, it generated revenues of EUR 480 million.
Škoda Group
Sustainability and innovations
Škoda Group, as a sustainable mobility innovator, has pledged to allocate 2-3% of its revenue to research and development in this area from 2023 to 2027. One of the 2023 innovations was the Automatic Train Operation system that facilitates greater energy efficiency in rail transport by automatically guiding the train and reacting in real time to minimise energy use by as much as 15%.
Škoda Group monitors the carbon intensity of its vehicle production and operations. In 2023, an Environmental Product Declaration was awarded to its ForCity Smart Artic X54 tram in recognition of its 92.6% recyclability rate and 98% recoverability rate. Škoda Group also reached a new milestone in alternative fuels when the next generation of its H’CITY hydrogen bus was successfully put to the test in Prague’s integrated transport system. Škoda Group’s anti-collision system, a key innovation in this area, helps to prevent injuries and vehicle damage, and is an important step in progress towards the development of an autonomous tram.
Contacts
Škoda Group
Emila Škody 2922/1
301 00 Plzeň
Czech Republic
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