Sunday, 30 August 2015
Business | Reuters

Czech artificial fabrics maker Pegas Nonwovens is on the "safe side" with raw material supplies for now despite a stoppage of production at supplier Unipetrol, Pegas's chief executive said on Thursday. A fire earlier this month halted petrochemical production at Czech downstream oil group Unipetrol's plant and the company said on Thursday a resumption of full production was still a matter of months.

Business | CIA News

In 2015, České Budějovice Hospital will invest CZK 756m. Expenditures on devices and technologies account for about two thirds of this sum, Martin Bláha, board chairman of Jihočeské Nemocnice, said within a ČIANEWS survey.

Business | CIA News

Fortuna Entertainment Group reported accepted bets totalling EUR 411.9m in H1 2015, up 23.6% y/y. Gross prizes grew 1.9% to EUR 67.1m. EBITDA decreased by 39.1% to EUR 9m and net profit grew 46.9% to EUR 4.8m.

Business | CIA News

The total value of loans registered by the Banking and Non-Banking Credit Register grew to CZK 1.75 trillion as of the end of Q2 2015.

Business | Radio Prague

Czech privately held company Energetický a Průmyslový Holding (EPH) has become the favourite to become the biggest player in Slovakia's electricity market after Italian energy giant ENEL said it had been selected for exclusive talks over the purchase of its majority stake in Slovenské Elektrárne. The talks could result within weeks in a deal to buy up the shares. ENEL's announcement favouring EPH surprised few analysts.

Business | Radio Prague

Business through diversity was the theme of a day long seminar accompanying the recent Prague Pride events. Basically, speakers argued that companies and institutions which allowed their lesbian, gay, bisexual, and transsexual employees to be open about their sexual preferences get a much better performance out of them.

Business | Reuters

Czech bond yields fell into negative territory for the first time at a primary auction on Wednesday with demand driven, dealers said, by foreign investors accessing cheap crown financing through euro swaps.

Business | Yahoo Finance UK

The Czech government and New World Resources (NWR) are likely to have to renegotiate the state support aimed at extending the life of the company's Paskov mine, Industry Minister Jan Mládek said on Wednesday.

Business | Radio Prague

The government has approved the framework for the selection procedure for the next operator of the Czech motorway tolls system. It has also prolonged the current 10-year contract with Austrian operator Kapsch until the end of 2019, the spokesman for the Transport Ministry, Tomáš Neřold, told the Czech News Agency on Wednesday.

Business | CIA News

The company KOH-I-NOOR HARDTMUTH leaves a production plant in Nanjing, China after 11 years and returns to the Czech Republic.

Business | CIA News

Forest management company Lesy České Republiky (LČR) invested ca. CZK 250m from its own resources (excl. subsidies) in H1 2015.

Business | CIA News

Czech government approved the proposed amendment to the act on the State Transport Infrastructure Fund (SFDI) on August 26, 2015.

Business | Prague Connect/Leaders Magazine

In April 1992, a small company was founded in a garage, specialising in barrier-free solutions. Today, ALTECH Company is among the best in Europe in this field. They cooperated with the Olympics and Paralympics in Sochi, and they plan to develop their business even further.

Business | Radio Prague

The planned giant investment of Taiwanese mobile, tablet and camera manufacturer HTC in Brno promising to create up to a thousand new jobs is falling apart within months of it being announced.

Business | Bloomberg