Stock Photo - Czech company HE3DA (on the photo from February 20, 2017), developing battery technologies, is launching Kc5.5bn project Magna Energy Storage for battery production in which up to 250 people are to find work, the company's co-owners Vladimir Jirka and Radomir Prus told CTK. The company wants to build two lines for production of accumulators with 3D electrodes on the basis of lithium nano-materials and a new hall designed for further development. Production is to start next year and expected annual sales are to reach $450m (Kc11.5bn). The accumulators will be mainly for export. The projects is based on globally registered patent of inventor Jan Prochazka who is the company's president. HE3DA now holds talks with some 200 investors on financing of the project. (CTK Photo/Jaroslav Ozana)

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