Škoda Group
Škoda Transportation is part of the Škoda Group, which includes other companies engaged in mechanical and electrical engineering: Škoda Electric, Škoda Vagonka, Škoda Pars, Škoda Transtech (Finland), Škoda Ekova, Škoda ICT, Škoda Digital, Škoda City Service, Škoda TVC, Poll, Škoda Transportation Deutschland (Germany), Škoda Polska (Poland), Bammer Trade, Ganz – Skoda Electric (Hungary), The Signalling Company and Škoda Investment. The entire group had nearly 3,500 employees in 2013 and generated sales of CZK 14.6 billion. In 2021, the entire group had over 6,500 employees, sales of CZK 15.5 billion and generated a net profit of CZK 580 million. The company also owns a 32 % stake in Pragoimex.
In 2011, Škoda Transportation bought the company Autobusová doprava-Miroslav Hrouda in Zbiroh. The main reason for this acquisition was to allow Škoda to test its newly developed and produced hybrid buses in live operation.
In 2013, Škoda Transportation established the subsidiary Škoda Transportation Deutschland in the German city of Munich. The aim of the German Škoda company was to create a business unit encompassing sales, technical and service activities which would be responsible for development of the business activities of the Škoda Transportation Group on the German, Austrian and Swiss markets. In the same year, Škoda bought the Ostrava-based company Lokel, which specialised in the design and supply of electrical equipment for rolling stock.
In 2015, Škoda Transportation acquired a majority stake in Transtech, a Finnish company which engages in production of low-floor trams and double-decker railway carriages. The company has been called Škoda Transtech since 2018, when the remaining shares were purchased.
In 2016, Škoda Transportation established a new subsidiary in the United States, Škoda Transportation USA. The main aim is to create a fully-fledged base in the USA consisting of business development (identification and development of business opportunities), a technical department, purchasing and project management, all the way through to production. Establishment of the company is the first step in the planned expansion into the North American market.
In 2019, the separate Škoda Digital division for Digital Transport Solutions was created within the Škoda Transportation Group.
In 2020, Škoda Transportation bought the Ostrava-based company Ekova Electric. The transfer was completed in 2021, when the company changed its name to Škoda Ekova.
In 2022, presentation of the entire Škoda Transportation Group was changed and the group began operating under the name Škoda Group. In the same year, the Škoda Group established a subsidiary in Italy.
In 2023, the Škoda Group expanded its portfolio to include two new companies. In January, it bought a significant part of the assets of the Austrian engineering and design company Molinari Rail Austria, which became the basis of the newly established Škoda Group Austria, and in February, it bought a majority share (93.6%) in the Belgian railway signalling system manufacturer The Signalling Company.
In 2024, the Škoda Group purchased the Czech electrical engineering company Cegelec, which it renamed Electric Components.