Friday, 22 August 2014


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.

ČNB governor: Czech economy can show decent growth without foreign factors

Reuters |
20 August 2014

The latest data showing growth of 2.6 percent year-on-year in the second quarter shows the Czech economy can expand at a decent pace even without the help of foreign factors, central bank Governor Miroslav Singer said on Tuesday.

Italy's UniCredit takes 6% stake in O2 Czech Republic

Reuters |
20 August 2014

The Czech arm of Italian bank UniCredit has taken a nearly 6 percent stake in O2 Czech Republic by buying shares from investors who were unable to sell their stock in the telecom group's recent buyout offer.

ČEZ cancels USD 48 mln telecoms tender

Reuters |
19 August 2014

Czech electricity producer ČEZ cancelled a tender for its fixed telecommunication network worth CZK 1 billion due to a lack of interest among bidders, weekly Respekt reported on Monday, citing a spokesman. The bidders lost interest because the conditions of the tender were repeatedly changed until "it ceased to make sense financially," Respekt quoted a representative of one of the operators participating in the tender as saying.

KBC's Czech unit ČSOB posts higher H1 profit, lower impairments

Reuters |
8 August 2014

Net profit at Czech bank ČSOB, a unit of Belgian financial group KBC, rose by 5% to CZK 7.2 billion in the first half of the year, boosted by increased lending and deposits and much lower impairments.

Czech gas pipeline operator boosts reverse flow capacity to Slovakia

Reuters |
7 August 2014

Czech gas pipeline operator Net4Gas will raise capacity at its Lanzhot transfer station by 5 million cubic metres per day for the reverse flow of natural gas to Slovakia to 75 million, starting on Sept. 16, it said on Wednesday.

ČEZ to provide 200 MW capacity to miner Czech Coal

Reuters |
6 August 2014

Czech electricity producer ČEZ has signed a deal with lignite miner Vrsanska Uhelna under which ČEZ will provide 200 megawatts of production capacity in exchange for coal supplies, ČEZ said on Tuesday.

Russia's Lukoil to sell 44 petrol stations in Czech Republic

Reuters |
5 August 2014

Russia's largest private crude producer Lukoil agreed to sell 44 petrol stations in the Czech Republic to Hungarian oil company MOL, the two companies said.

Enterprise Investors fund in talks to buy Czech Lobkowicz stake

Reuters |
31 July 2014

A fund managed by private equity group Enterprise Investors is in talks to take a stake in Czech brewer Pivovary Lobkowicz Group, Lobkowicz said on Wednesday.

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.

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