Analysis of Investment Effectiveness in the Wood Processing Industry of the Czech Republic

Wood processing industry (WPI) is a sector based on renewable natural resources of wood raw material. It is therefore able of sustainable growth and be competitive on the international markets. The interest of the European Union is to build economy based on renewable natural resources, resulting in the need to pay increased attention to the development and support of the WPI. The aim of the paper is to evaluate the level and development of competitiveness of WPI in the Czech Republic in subsectoral structure for a period of ten years through the establishment of indicators based on foreign trade data of industry using mathematical and statistical methods. To reach the goal we set up a system of indicators measuring sectoral competitiveness. Achieved results in indicators have shown that, despite the WPI creates active foreign trade balance and contributes to surplus balance of country, it achieves low value of indicator revealed comparative advantage (RCA) with a negative, decreasing trend, thus industry gradually loses its competitive ability. Analysis was also found, that the reason for low competitive ability of WPI is low specialisation of country in the commodity group, which was confirmed by statistical method of correlation analysis.

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Cascade Use of Wood in the Czech Republic

Forests ◽

10.3390/f11060681 ◽

2020 ◽

Vol 11 (6) ◽

pp. 681

Author(s):

Róbert Babuka ◽

Andrea Sujová ◽

Václav Kupčák

Keyword(s):

Czech Republic ◽

Input Data ◽

Statistical Data ◽

Added Value ◽

Specific Situation ◽

The Czech Republic ◽

Wood Volume ◽

Primary Processing ◽

Wood Processing ◽

Input Method

Research Highlights: One of the priorities of the European Commission is to build up an effective circular economy based on recycling and multiple use of materials. Wood biomass is a renewable raw material and can be used several times in a cascading sequence. Each country has a unique situation regarding the availability and utilization of wood sources. Background and Objectives: The objective of this study was to analyze wood flow in the Czech Republic using the cascading principle of biomass use. The specific situation in the Czech Republic lies in a lack of valid and reliable input data from official statistics. Therefore, the reverse input method was applied. Materials and Methods: Input data analyses of roundwood sources and foreign trade were based on official statistical data. The calculation of raw wood volume consumption in primary processing was performed based on the data after our own correction and recalculation. It was then possible to build up a basic model of multi-stage cascade wood use. The input volume of roundwood was divided among all types of primary processing production using conversion factors. Results: Cascading use of wood (CUW) showed the level of efficiency of the resource. Official statistical input data and the reversed input data regarding raw wood volume entering wood processing revealed differences at a level of 27%. The overall CUW in the Czech Republic indicates a high rate of wood use in primary processing with low added value and in generating energy. Conclusions: The reverse input method reveals the real situation of wood consumption irrespective of the level of official statistical data. It is suitable to apply in an environment of incomplete or incorrect input data. CUW in Czechia showed an opportunity for increasing the efficiency of wood utilization. The structure of wood use needs to be optimized towards creating greater added value.

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The Impacts of Calamity Logging on the Sustainable Development of Spruce Fuel Biomass Prices and Spruce Pulp Prices in the Czech Republic

Forests ◽

10.3390/f13010097 ◽

2022 ◽

Vol 13 (1) ◽

pp. 97

Author(s):

Mansoor Maitah ◽

Daniel Toth ◽

Karel Malec ◽

Seth Nana Kwame Appiah-Kubi ◽

Kamil Maitah ◽

...

Keyword(s):

Czech Republic ◽

Predictive Model ◽

Paper Industry ◽

Forest Products ◽

Wood Pulp ◽

Wood Products ◽

Wood Biomass ◽

The Czech Republic ◽

Wood Processing ◽

Spruce Wood

Currently, due to the calamity of unplanned harvesting, the amount of biomass from wood products has increased. Forests occupy 33.7% of the total area of the Czech Republic; therefore, wood and non-wood forest products are important renewables for the country. Wood biomass consists mainly of branches and bark that are not used in the wood or furniture industry. However, it can be used in bioenergy, including wood processing for fuel. As spruce production in the Czech Republic increased from the planned 15.5 million to almost 36.8 million trees in 2020, the price of wood biomass can be expected to be affected. This study aims to develop a predictive model for estimating the decline in the price of wood biomass for wood processors, such as firewood or sawdust producers, as well as for the paper industry. Wood biomass prices are falling with each additional million m3 of spruce wood harvested, as is the decline in wood pulp, which is intended for the paper and packaging industries. The proposed predictive model based on linear regressions should determine how the price of wood biomass will decrease with each additional million harvested spruce trees in the Czech Republic. This tool will be used for practical use in the forestry and wood industry. The linear regression model is suitable for practical forestry use due to its simplicity and high informative value. The aim of the research is to model the dependence of the prices of firewood in the form of wood briquettes and pellets for domestic and industrial processing, as well as the prices of wood pulp on the volume of unplanned logging. It is a guide for the practice of how to use excess spruce wood from unplanned mining in the field of alternative processing with a sustainable aspect for households or heat production for households. The intention is to carry out modelling in such a way that it does not include prices of higher quality wood assortments, which are intended for the woodworking industry.

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Elementary financial analysis of the Forests of the Czech Republic, state enterprise

Journal of Forest Science ◽

10.17221/4551-jfs ◽

2012 ◽

Vol 51 (No. 3) ◽

pp. 127-140 ◽

Cited By ~ 2

Author(s):

V. Kupčák

Keyword(s):

Czech Republic ◽

Economic Reform ◽

Financial Analysis ◽

Basic Feature ◽

State Enterprise ◽

Economic Activities ◽

The Czech Republic ◽

Elementary Method ◽

Wood Processing ◽

The Subject

The basic feature of an economic reform of the forestry in the Czech Republic after 1990 was separation of supervision in the state forests from operating performance. The Forests of the Czech Republic, state enterprise, was charged with management and supervision, hence economic activities of the subject are provided on the basis of contracts by entrepreneurial units called contractors in the forestry. The purpose of the paper is economic analysis of the Forests of the Czech Republic, state enterprise, in the period 1998–2002. The objective is the construction and testing of an elementary method of financial analysis as well as outline of financial situation and development of the chosen subject generally. The paper contributes to branch economy analysis, common in agriculture and wood-processing industry.

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Sustainable Development Model of Performance of Woodworking Enterprises in the Czech Republic

Forests ◽

10.3390/f12060672 ◽

2021 ◽

Vol 12 (6) ◽

pp. 672

Author(s):

Jakub Michal ◽

David Březina ◽

Dalibor Šafařík ◽

Robert Babuka

Keyword(s):

Sustainable Development ◽

Czech Republic ◽

Current Model ◽

Raw Material ◽

Added Value ◽

Production Model ◽

The European Union ◽

The Czech Republic ◽

Wood Processing ◽

Use Of Resources

The current requirements put on the Member States of the European Union (“EU”) in the area of sustainability and climate-neutral economy through strategic visions such as “Agenda 2030” or “A Clean planet for all” demonstrate the increasing need for quick identification of the changes required in the use of renewable and nonrenewable natural resources. Forests are a particular specific area of such changes. They represent a part of the ecosystem that is important for society from the economic, social, and environmental perspectives. Current climate changes have had a negative effect on the state of forestry in the Czech Republic and have raised many questions of how to ensure its sustainability. Besides the changes in forestry, the situation has also affected the sector primarily depending on the production function of forests and whose coexistence is conditioned. Taking specific sectors as examples, the article presents some prospects that could result in more efficient use of resources and defines potential synergic effects. Analyses of primary and secondary information sources were used to create preferential models (the term “preferential” in the context of the article represents opportunities through which it is possible to achieve an improvement in competitiveness and market advantage over the current model of wood processing and timber trade in the Czech Republic. The model works with potential perspectives and respects the challenges in the field of sustainable development) of timber and wood raw material production and processing and preferential and of economic efficiency (the term “efficiency” in the article represents the technical efficiency of the use of resources to achieve maximum economic benefit and added value. The aim is to increase the economic potential of individual sectors of primary and secondary processing in relation to timber sources) of woodworking businesses. The production model indicates that the energy use of wood, the expansion of the production mix in construction, the use of biomass and digestate in agroforestry, and the logging waste recovery are the most prospective sectors. The model presenting preferential areas in the woodworking industry development with respect to sustainability identified the need to increase associated production and material efficiency in construction and energy sectors, as well as insufficient activity of the sectors associated with technological innovations, FSC and PEFC certification prospects, bioeconomy and circular economy, a considerable need for wage growth in the sector and increased use of the existing production capacities by both domestic and foreign sales.

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Corporate governance – research of key indicators on market of processing industry in the Czech Republic via cluster analysis

Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis ◽

10.11118/actaun201260070359 ◽

2012 ◽

Vol 60 (7) ◽

pp. 359-368 ◽

Cited By ~ 1

Author(s):

Iveta Šimberová ◽

Alena Kocmanová

Keyword(s):

Cluster Analysis ◽

Corporate Governance ◽

Czech Republic ◽

Company Performance ◽

Processing Industry ◽

Corporate Fraud ◽

The Czech Republic ◽

Governance Indicators ◽

Definition Of ◽

Key Indicators

The discussion on corporate governance has oriented on practical problems, including corporate fraud, the abuse of managerial power and social irresponsibility. Contemporary cognition implicates the fact that the questions regarding to corporate governance are very actual especially in relation to company competitiveness, company performance and sustainability of success (long term viability). Paper is focused to the current questions regarding to the definition of corporate governance, looking for the appropriate conceptual framework and identification of key corporate governance indicators in selected industrial market in the Czech Republic via cluster analysis. The scientific aim is looking for the appropriate key indicators in processing industry as a base for the corporate governance performance measurement. The presentations of the results in the paper are just part of selected results in the framework of the elaborated research project titled “Construction of Methods for Multifactor Assessment of Company Complex Performance in Selected Sectors”.

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Methodology of monitoring wood sources and consumption in the Czech Republic

Journal of Forest Science ◽

10.17221/64/2020-jfs ◽

2021 ◽

Vol 67 (No. 1) ◽

pp. 1-11

Author(s):

Andrea Sujova ◽

Róbert Babuka ◽

Václav Kupčák

Keyword(s):

Decision Making ◽

Czech Republic ◽

Material Flow ◽

Wood Production ◽

The Czech Republic ◽

Wood Processing ◽

Energy Processing ◽

Correct Data ◽

Detailed Picture ◽

Valid Information

Currently, it is difficult to identify correct data on wood sources and their consumption in the Czech Republic. Official statistics of wood production are relatively limited to obtaining data that accurately captures the objective wood production, which would enable the observation of the direction or consumption of particular tree species or products. This uncertainty is then transferred to the wood flow for industrial and energy processing, and it is not possible to compose a detailed picture of how much wood and which sources enter into the wood processing and how large the total material flow is. The aim of this paper is to present an option for how to determine this lack of valid information that enables clear outcomes necessary for decision making by means of the recalculation of wood sources consumed in the Czech Republic, using the data of processing capacities and foreign trade. The reverse model better expressed a conversion value of roundwood into the products and allowed optimal approximation in the wood sources assessment.

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