Monday, 28 July 2014

Reuters

Czech gas pipeline firm puts final touches to revamped capital structure

Reuters |
28 July 2014

Czech gas pipeline operator Net4Gas is in the final stages of overhauling its capital structure with equity financing, bonds and bank loans, it said.

Hyundai Mobis to build USD 129mln car lamp plant in Czech Republic

Reuters |
28 July 2014

South Korea's Hyundai Mobis on Sunday said it will build a 95.65 million euro factory in the Czech Republic to make car lamps for the local operations of compatriots Hyundai Motor Co and Kia Motors Corp.

Hyundai Mobis plans to invest USD197m into Czech factory-industry minister

Reuters |
25 July 2014

South Korea's Hyundai Mobis , a unit of Hyundai Motor Co, plans to invest CZK 4 billion into a new factory in the Czech Republic to produce headlights, Czech Industry Minister Jan Mládek said on Thursday.

Chaos as Czech parliament approves, then scraps, petrol tax cut

Reuters |
24 July 2014

The Czech Republic's coalition appeared to be in disarray on Wednesday after parliament approved a surprise cut in petrol tax and then overturned that decision an hour later after the finance minister objected to losing the revenue.

Czech betting firm Fortuna says completes acquisition of Intralot

Reuters |
17 July 2014

The Czech Fortuna Entertainment Group (FEG) has completed the acquisition of Intralot Czech, the betting and lottery company said on Wednesday.

Czechs to sell 13 combat jets to U.S. Draken

Reuters |
15 July 2014

Czech Republic has signed a deal allowing the sale of 13 subsonic L-159 combat jets to a private company in the United States for up to CZK 250 million, the Defence Minister Martin Stropnický said on Monday. U.S. firm Draken International placed a binding bid last November to buy 14 of the L-159 planes with an option for 14 more. The planes will be sold by a private company, Aero Vodochody.

Czech PPF buys further 7.2 pct shares in O2 Czech Republic

Reuters |
8 July 2014

Czech financial group PPF has bought an additional 7.16 percent of the shares in mobile operator O2 Czech Republic, formerly Telefonica Czech Republic, the group said on Monday, without saying what it had paid for the stake.

Unipetrol buys out ENI to take full control of Czech refineries

Reuters |
4 July 2014

Oil processing firm Unipetrol is to buy out the stake of Italy's ENI in their joint refining firm Česká rafinérská, Unipetrol said on Thursday, giving it full control of the Czech refining sector.

IMF raises outlook for Czech economy, backs growth-friendly plans

Reuters |
1 July 2014

The International Monetary Fund raised its growth outlook for the Czech Republic on Monday, tacitly agreeing with a new Czech government's plans to increase spending and abandon earlier efforts to reduce the budget deficit.

Orco Property restructures debt of Czech and Slovak portfolio

Reuters |
26 June 2014

Orco Property Group has restructured debt in its Czech and Slovak portfolio financed by Credit Agricole CIB.

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