Foreign News: Skoda Sale

  • Share
  • Read Later

Big guns and shells bearing the well-known trade-mark Skoda, made in Czechoslovakia will henceforth go only to those countries in goosestep with Hitler. The French Schneider-Creusot interests, which since 1920 have had a big interest in Skoda, Europe's second largest munitions works, last week sold their shares to CzechoSlovak interests. For thus recognizing "changed conditions" in eastern Europe, the former French shareholders were paid $10,300,000.

With French directors out of the way, Skoda's new corps of German military technicians can go more conveniently about their business of arming Germany and her allies, a task at which the foundries and furnaces of Skoda are most capable.