Friday, 31 October 2014

Reuters

Czech investor Kellner raises stake in 02 CR to 83.2%

Reuters |
31 October 2014

Czech billionaire investor Petr Kellner, owner of the PPF group, raised his stake in 02 Czech Republic phone operator to 83.15 percent of voting rights, a central bank filing showed on Thursday.

Czech Pegas gets approval for CZK 2.5bln bond issue

Reuters |
24 October 2014

Czech artificial textile maker Pegas Nonwovens has received regulator approval for the issue of up to CZK 2.5 billion (USD 114.11 million) in bonds maturing in 2018, the company said on Thursday.

Unipetrol sees a repeat of strong Q3 results in Q4

Reuters |
23 October 2014

Czech downstream oil group Unipetrol will likely post similar results in the fourth quarter as in the third when it reported a large jump in profit, Chief Financial Officer Miroslaw Kastelik said on Wednesday.

Czech c.bank chief says external risks on the rise, mainly euro zone

Reuters |
22 October 2014

External risks to the Czech economy, mainly the situation in the euro zone and also the Russia-Ukraine conflict, have been on the rise in recent weeks, Czech central bank Governor Miroslav Singer said on Tuesday.

Industry minister: Chinese show interest in building Czech nuclear plant

Reuters |
15 October 2014

China has shown interest in building nuclear reactors in the Czech Republic, Industry and Trade Minister Jan Mládek said on Tuesday, joining four other potential contractors. The Czech government is considering opening a new selection process for building nuclear power units after majority state-owned utility ČEZ scrapped a tender to build two new blocks of 1,200 megawatts each in April.

Fortuna CFO leaving position at end of year

Reuters |
15 October 2014

Fortuna Entertainment Group's Chief Financial Officer Michal Veprek will leave his position at the end of the year, the Czech betting company said on Tuesday.

Czech O2 says parent PPF asks for up to CZK 25 million loan to pay for acquisition

Reuters |
15 October 2014

Czech telecoms operator O2 Czech Republic has received a request from its majority shareholder PPF to provide an up to CZK 24.8 billion (USD 1.14 billion) loan to its majority shareholder PPF to pay off part of acquisition debt.

ČTK: Czech miner NWR letting go 300 staff by end of year

Reuters |
14 October 2014

New World Resources' (NWR) mining unit OKD will lay off 300 people by the end of the year, mainly office staff and above-ground workers, ČTK news agency reported on Monday.

CPI Property acquires Czech food producer Spojené farmy

Reuters |
3 October 2014

CPI Property says has entered into agreements concerning acquisition of Czech high-quality organic food producer Spojené farmy.

Komerční Banka sees profit flat in 2014, loan growth building

Reuters |
2 October 2014

Czech lender Komerční Banka expects shrinking risk costs and a strengthening recovery in corporate lending to keep its net profit steady on the year in 2014, its chief financial officer told Reuters.

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