POST Online Media Lite Edition



 

GZ Media will start producing records in Canada in September

Staff Writer |
In September GZ Media of Czech Republic will start producing records in Canada. It will supply vinyl and dies for stamping records and some special print materials for packaging them from Loděnice to Toronto.

Article continues below






This was stated by Sales & Marketing Director Michal Němec. He added that in 2017 the company expects the production capacity in Toronto to total up to 4 million records.

It wants to have 85 employees on location in the future. According to its annual report the company’s revenues from the sale of its own products and services totaled CZK 2.04bn while revenues from the sale of products totaled CZK 484.41m. Its profits before taxes totaled CZK 326.06m.


What to read next

Marathon Oil signs agreement for divestiture of Gulf of Mexico assets
Sun Media to close 11 publications, cut 360 positions
Bulgarian airliner BH Air to launch direct flights to Canada