The importance of the port of Libeň gradually declined. In 1924 the port was purchased by the Vltava-Labská company and a ship repair shop was established there. In 1929, the repair shop began building new ships and two years later the shipyard was separated from the repair shop and incorporated into the ČKD concern as the Praga Shipyard. It was nationalised in 1945 and in 1950 it became independe...Show More ▾