The article is focused on selected problems of manufacturing firms’ efficiency. One of the factors increasing efficiency should be utilization of advanced manufacturing technologies. The article deals with the hypothesis that technologies are utilized in sophisticated groups which can be named clusters of technologies. The content of the second hypothesis is an idea that the companies using clusters of technologies can have higher level of efficiency and better ability to response the economic depression than the other ones. The both hypotheses were verified on the base of results of the survey conducted among Czech manufacturing companies and the analysis of their financial reports during the period 2007 to 2011. Financial business indicators describing various aspects of firm efficiency are analysed and presented with the aim to verify the second hypothesis.
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