Saturday, 23 August 2014
Business | Radio Prague

State export insurer EGAP has been given a main role in helping diversify Czech exports. That task has just got a lot more challenging with trade sanctions between the EU and Russia and the even more urgent need to shift business and contracts to new destinations.

Business | Prague Connect/Leaders Magazine

Co-founder of the BRUDRA brand and the first President of the Czech Business Club in the United Arab Emirates, in an interview concerning his beginnings as well as the goals of the first platform for meetings of Czech businessmen in Dubai.

Business | Bloomberg Businessweek

Martin Burda gave up managing USD 8.1 billion of securities for something with better returns: dirt. In July he helped start Cesky Fond Pudy, the first investment company focused only on Czech farmland.

Business | Radio Prague

The city council of Ustí nad Labem has approved a land sale which will enable a Spanish automotive supplier to build a factory in the Triangle industrial zone near Žatec, in the north-west of the country.

Business | Radio Prague

Organic food chains in the Czech Republic are planning to expand into production since local farmers are allegedly unable to meet growing demand on the market.

Business | Radio Prague

Czech industrial firms could lose tens of billions of crowns over the short term due to sanctions between Russia and the EU, according to a survey by the country’s Confederation of Industry among their member companies.

Business | Radio Prague

Tatra Trucks rise from the ashes following its predecessor's bankruptcy seems to be continuing at a steady pace. The company already announced at the beginning of August that it had sold more vehicles in the first half of the year than expected and raised its profits estimate for the full year to CZK 3 billion.

Business | The Prague Post

Škoda's head designer, Jozef Kabaň, speaks about the demands on form and function of the new Škoda Fabia. The new Fabia is a sign of what will come for the brand, he says

Business | Financial News

Scandinavian buyout firm Nordic Capital has acquired an outsourcing division of multinational ABB Group, completing a corporate carve-out as buyout firms chase for primary assets.

Business | Radio Prague

The German-owned Czech-based car manufacturer Škoda Auto will hire some 800 workers for its main plant in Mladá Boleslav within the next three months to produce its new Fabia model, a spokesman for the firm said.

Business | Radio Prague

Speculation has been raised in the Russian media that Moscow's next retaliatory sanctions against the European Union and West could cover car imports. If that were the case, then the Czech Republic's biggest industrial companies and exporters could suffer an unwelcome, but not fatal, blow.

Business | Reuters

The Czech arm of Italian bank UniCredit has taken a nearly 6 percent stake in O2 Czech Republic by buying shares from investors who were unable to sell their stock in the telecom group's recent buyout offer.

Business | Zee News

With an aim to get expertise in running semi high-speed Trains and modernising signalling system of Railways, India Tuesday signed a Memorandum of Understanding (MoU) with Czech Republic.

Finance | Reuters

The latest data showing growth of 2.6 percent year-on-year in the second quarter shows the Czech economy can expand at a decent pace even without the help of foreign factors, central bank Governor Miroslav Singer said on Tuesday.

Business |

Representatives from Czech company Genoservice met with the head of Artsakh's Rular and Agricultural Support Fund Ashot Bakhshiyan to discuss a project that envisions a large livestock breeding facility in the village of Talish.