Thursday, 18 September 2014


Czech Fortuna's new CEO to develop online business

Reuters |
18 September 2014

Fortuna Entertainment Group's new chairman and chief executive Per Widerstrom is being brought in to develop the Czech betting firm's online business, the company said on Wednesday.

Czechs to send first shipment of ammunition to Kurds next week

Reuters |
12 September 2014

The Czech government will send the first shipment of ammunition to Kurdish forces in Iraq next week, the Defense Ministry said on Thursday.

RWE Czech Republic says no reduction in gas inflows

Reuters |
11 September 2014

RWE Czech Republic has seen no reduction in natural gas supplies to the Czech Republic on Wednesday, a spokesman for the country's main gas importer said.

Heineken in talks to sell Czech operations to Molson Coors

Reuters |
10 September 2014

Heineken (HEIN.AS), the world's third-largest brewer, is in talks about selling its Czech operations to Molson Coors (TAP.N), a Czech newspaper reported on Tuesday citing unnamed industry sources.

Czech Pegas Nonwovens considering issue of CZK-denominated bonds

Reuters |
4 September 2014

Czech artificial textile maker Pegas Nonwovens is considering issuing crown-denominated bonds for medium-term financing to help repay bank loans, the company said on Wednesday.

Czechs seek to modify proposed EU sanctions

Reuters |
3 September 2014

The Czech Republic wants to modify some parts of the European Union's proposed new trade measures against Russia, Prime Minister Bohuslav Sobotka said on Tuesday, warning that escalating sanctions was risky. The European Commission is to prepare a final draft of new sanctions against Moscow over its involvement in Ukraine by Wednesday and EU governments will make a decision on the final shape of the package by Friday.

Czech O2 sees improving revenue trend in residential contracts in H2

Reuters |
3 September 2014

O2 Czech Republic expects a gradual improvement of the revenue trend in its residential contract segment in the second half of the year, it said on Tuesday in its half-year report.

VGP sells Czech logistics parks for USD 690m

Reuters |
26 August 2014

VGP real estate company and its joint-venture partner Tristan Capital Partners have agreed to sell logistics parks in the Czech Republic for EUR 523 million (USD 690.31 million) to PointPark Properties, VGP said on Monday.

Minister: EU should stick to measures against Russia

Reuters |
22 August 2014

The European Union should stick to targeted sanctions imposed on Russia over the Ukraine crisis despite Moscow responding with sanctions that are hurting Europe's economy, the Czech foreign minister said on Thursday. "I can hardly imagine what alternatives we had," Lubomír Zaorálek said after meeting Czech business officials.

Kreuziger appeal against ban turned down by CAS

Reuters |
21 August 2014

Czech rider Roman Kreuziger's appeal against a provisional suspension for suspected doping has been dismissed by the Court of Arbitration for Sport (CAS), ruling him out of this month's Vuelta.

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