"Made in Czechoslovakia" - any ideas?

[Magda Herman]

Thank you so much for your post! Well, that's great! The bass sounds nice and I'm sure that after some repairs by a luthier it'll be even better. That means that it was a bargain too.
I supposed it is Framus-like and ppl from other forum also said so. But I dismissed this option after seeing the label. Thank you for all information and the link. Now I can make more detailed research about it's history on my own.