Monday, 20 February 2017
Business | CIA News

APS Holding (APS) enters the Croatian market by the acquisition of a portfolio of claims in a nominal value exceeding CZK 3bn.

Business | CIA News

The volume of all exporting loans, investments by Czech legal entities, and banking guarantees insured by the Export Guarantee and Insurance Company (EGAP) in last 23 years exceeded CZK 758bn.

Finance | Reuters

The Czech Republic's ruling centre-left Social Democratic Party will propose a special tax on banks to help fund schools and infrastructure and keep profits from leaving the country as part of its manifesto for elections in October. The plan was revealed on Tuesday by Prime Minister Bohuslav Sobotka, whose Social Democratic Party trails coalition partner the ANO movement of Finance Minister Andrej Babiš by a large margin in the polls. ANO opposes a bank tax.

Business | Radio Prague

The Czech economy slowed last year despite an increase in consumer spending, Czech Radio reported on Tuesday citing new preliminary figures released by the Czech Statistical Office.

Business | CIA News

The company Central Group has acquired from Pražská správa nemovitostí an area adjacent to plots for the future construction of a subway D station.

Business | CIA News

Financial intermediaries and advisors concluded financial products for over CZK 25bn for their clients in the fourth quarter of 2016.

Business | Radio Prague

A shake-up of the Czech mobile phone scene in which callers will no longer be held ransom for high prices by a threesome of big telecom operators. That is what the leaders of the biggest Czech political parties are now promising with changes in the law being promised that would pave the way for that to happen.

Business | RTT News

The Czech current account surplus logged deficit for the first time in four months in December, the Czech National Bank said Monday.

Business | International Business Times

Hindu officials have asked a Czech Republic brewery to remove images of Indian deity Lord Ganesha from beer bottles, according to reports. Hindu statesman Rajan Zed said in a statement Monday it was "inappropriate" for Primator Brewery or any other alcohol brand to use images of Ganesha and other deities on bottles of Primator IPA, which has 6.7% alcohol by volume.

Business | CIA News

ŠKODA AUTO delivered 93,800 vehicles to its customers worldwide in January 2017. In comparison with January 2016, the amount increased by 2.4%.

Business | CIA News

In 2016, building savings bank Českomoravská Stavební Spořitelna (ČMSS) saw a 7% year-on-year rise in its net profit to CZK 1.18bn.

Business | CIA News

The currency obligation of the Czech National Bank (CNB) will last at least until the end of 1Q 2017. Following the meeting with Prime Minister Bohuslav Sobotka (ČSSD) on February 13, 2017, CNB Governor Jiří Rusnok stated this.

Business | Prague Leadership Institute

"To be authentic literally means to be your own author. Leaders learn from others, but are not made by others." This wonderful little quote speaks volumes to the personal characteristics of perseverance, grit, humility, and self-awareness, all wrapped up in personal responsibility.

Finance | Radio Prague

Czech consumer price inflation accelerated unexpectedly at the start of the year, coming in above market projections and the Czech National Bank's target rate.

Business | ČTK

All Czech military firms markedly increased their profits in 2016 and the training of foreign pilots has become a good business for the Defence Ministry, daily Pravo wrote on Saturday.