Wednesday, 24 May 2017
Business | Radio Prague

Plans to build a high-speed rail network in the Czech Republic will greatly impact Prague, which will alone require investment of at least CZK 80 billion, iHned.cz reported. Among expected projects are tunnels and an underground extension of the city’s Main Station.

Business | CIA News

KERN-LIEBERS CR engineering company opened a new production hall in České Budějovice on May 23, 2017, having invested CZK 500m in it.

Business | CIA News

Construction savings banks entered into new construction savings contracts with target sum totalling almost CZK 38.4bn in Q1 2017.

Business | CIA News

Motor vehicle production in the Czech Republic totalled 500,659 in 4M 2017. Of the total, passenger car production amounted to 498,124 (up 6.3%).

Business | Prague TV

The end of communism saw a big shakeup in beer brewing, with many smaller, inefficient breweries going out of business and others being bought up by larger firms so even if the name remained, it was just part of the range of a bigger label.

Business | Radio Prague

An angry war of words has broken out over government plans to pave the way for a new frequency for terrestrial tv broadcasters as part of moves to free up space for mobile data to be transmitted around the world.

Business | CIA News

Société Générale Equipment Finance (SGEF) in the Czech Republic and Slovakia recorded a growth in financing by over 6% y/y in the first quarter of 2017.

Business | CIA News

Priorities of the state budget of the Czech Republic for the year 2018 include a reduction of the planned deficit by CZK 10bn to CZK 50bn.

Business | CIA News

Contracts worth CZK 4.4bn excl. VAT were awarded through the National Electronic System (NEN) in 2016.

Business | Prague Connect

"Sometimes we stare so long at a door that is closing that we see too late the one that is open.” Alexander Graham Bell

Business | ČTK

The state is obliged to support Czech exports, but not even the vision of succeeding on the world's market with the highest number of customers should cover the high risks involved in trading with China, Luděk Vainert writes in daily Hospodářské noviny (HN) Friday.

Business | CIA News

Continental Barum will invest EUR 50m in the extension of a new building for the production of vulcanisation moulds and its equipment with technology and 3D printers.

Business | CIA News

Utility ČEZ Group’s board of directors has proposed to pay dividend for shareholders totalling CZK 17.75bn for 2016.

Business | CIA News

The State Transport Infrastructure Fund (SFDI) paid a total of CZK 19.3bn for current projects from the Operational programme Transportation (OPD) as of May 19, 2017.

Business | Radio Prague

The supervisory board of the Czech Republic's biggest power company, ČEZ, flexed its muscles Thursday and rejected a proposal back by management and three independent advisors to sell the company's biggest coal-fired power plant.