Development of plastic recycling companies in the Czech Republic: An analysis using economic value added

Abstract

Extensive use of plastic products in a country like the Czech Republic make the recycling of plastic unavoidable. This also is influenced by a host of factors such as increasing price of raw materials (oil and other semi processed products), growing concern for ecology and environment, etc. However, recycling is not only the technology alone, but it also includes issues such as legislation, both social and most importantly economics. The present study attempts to describe the economic conditions that influence the performance of plastic recycling companies. The paper analyses the conditions of development of plastic recycling companies in the Czech Republic using Economic Value Added (EVA) indicator.