Tuesday, 22 August 2017
Business | Radio Prague
Czech telecoms regulator given ammunition for attack on mobile data charges

The Czech Telecommunication Office (ČTÚ) has made a call which many of its critics say should have been pretty obvious by now and should have been made long ago. The office has decided that competitive market conditions do not exist on the market for mobile services for data.
Business | Prague Leadership Institute
Pepper de Callier: Things to Think About

Taking the time to prepare, to exercise, to read, to research, to do whatever it takes, is what gives success meaning and value.

Business | Radio Prague
ČTK: Car manufacture in Czech Republic furthest in Industry 4.0

Automation and robotics and other elements of Industry 4.0 in the Czech Republic are reportedly being adopted fastest in the fields of car manufacturing and electronics. But the country still stands at the start of the 4th industrial revolution, according to a survey by the Czech News Agency; one problem is a lack of qualified personnel.
Business | CIA News
ČEZ received binding offers for its Bulgarian assets

ČEZ has received binding offers for its Bulgarian activities from several interested parties. The group reported this on August 18, 2017, adding that it is currently assessing the offers.
Business | CIA News
Penta will commence construction of 10,400 m2 of office space SmíchOff

Skupina Penta Investments expects to commence the construction of Prague administrative project SmíchOff roughly in the second half of September 2017.
Business | CIA News
ERÚ: Electricity production increased to 20.4 TWh in 2Q

In 2Q 2017 electricity production in the Czech Republic reached a gross total of 20.4 TWh. This is based on the quarterly report issued by the Energy Regulation Bureau (ERÚ), according to which this represents a y/y increase of 1 % (+ 0.2 TWh).
Business | Radio Prague
Strong Czech economic growth surprises experts

Czech economic growth was one of the strongest in Europe in the second quarter, confounding the experts who had bet on a weaker performance. But the latest figures are fuelling questions whether the economy is at its limits and could soon start to lose momentum.
Business | Radio Prague
Czechs improve prompt payment reputation

Czechs have historically not had a stellar reputation as prompt payers. But that situation appears to be changing now.
Business | CIA News
Škoda Transportation delivers metro wagons to St. Petersburg

OOO VAGONMAŠ, member of ŠKODA TRANSPORTATION group, has delivered eight new NěVa six-wagon metro trains for the St. Petersburg Public Transit Company.
Business | CIA News
Solek Group sells solar plant in Chile, readies new projects

Solek Group has sold the Parque Solar Cuz Cuz in Chile, with installed output of 3.07 MWp. The plant is newly owned by a local fund administered by Ad Capital Servicios Financieros, which has bought the plant for USD 3.5m.
Business | CIA News
APS ČR: CZK 398.7bn in 3rd pillar funds

Pension companies managed as of the end of H1 2017 participants’ funds totalling CZK 398.7bn in 3rd pillar funds. Of the total, CZK 375.12bn has been allocated to transformed funds and CZK 23.58bn to member funds.
Business | Prague TV
GDP growth beats expectations

The Czech economy was successful in the second quarter of 2017, according to the Czech Statistical Office (ČSÚ). A preliminary estimate showed that the gross domestic product (GDP), adjusted for price effects and seasonally adjusted, increased in the second quarter of 2017 by 2.3 percent compared to the previous quarter. The growth makes the Czech economy one of the strongest in the EU.

Business | Radio Prague
Leo Express enters German market

Private Czech train and bus operator Leo Express has entered the German market, taking over the German long-distance operator Locomore, the daily iDnes reported on Wednesday, citing the German magazine Spiegel. Leo Express will operate a line between Berlin and Stuttgart in the southeast of Germany.
Business | Jobspin.cz
A million of Czech employees would change their jobs

Repeatedly, Czech employees have been among the top 10 happiest on the planet. Yet, about a million of the current employees in the Czech Republic are thinking about changing their jobs. Why?

Business | CIA News
AŽD Praha to modernise railroad node in Montenegro

Building company AŽD Praha has won the tender or the modernisation of the interlocking plant at the Podgorica railway station, the main transport node in Montenegro.