ŠKODA AUTO sold 33,773 cars through its ŠKODA Plus programme in 2015, up 24.4 pct on the year. This information was provided by ŠKODA AUTO Czech Republic sales organisation director Luboš Vlček who added that the programme’s strategic objective was 50,000 vehicles. There are currently 3,700 cars on offer in the programme whose sales network includes 102 dealers running 132 points of sale. Source: www.cianews.czContinue Reading

By the end of the year 2015, calls totalling 268.3bn are planned to be called within European funds, which represents 41.3 % of the total allocation for the programme period of the years 2014-2020. Deputy minister for regional development Olga Letáčková said this at the 190th Žofín Forum, adding that within the operational programme transport, calls reaching CUK 84.3bn will be called. From the OP Research, development and education, calls reaching CZK 39bn will be called before the end of the year, and from the OP Employment it will be CZK 38.1bn. The Forum was organised by Agentura NKL Žofín Source: www.cianews.czContinue Reading

Czech chemical companies that are members of AGROFERT group will invest at least CZK 1.5bn into ecology in 2016. The spokesperson for AGROFERT, Karel Hanzelka, has stated in a survey for ČIANEWS that the projects will include e.g. the building of a new biological wastewater treatment plant in DEZA, technology upgrade in Synthesia and new nitrogen oxide production plant in Lovochemie. According to Mr. Hanzelka, Synthesia plans to invest CZK 300m, DEZA CZK 450m, Přerov-based Precheza CZK 300m and Lovochemie CZK 450m into ecological projects. Source: www.cianews.czContinue Reading

Utility ČEZ Group reported CZK 18.6bn in net profit adjusted for extraordinary influences for the first nine months of 2015. EBITDA totalled CZK 48.4bn. Despite the drop in implementation prices of produced electricity and production outages in nuclear power plants, ČEZ’s revenues grew to CZK 150.61bn from CZK 147.01bn a year ago, primarily thanks to higher sales of electricity (up 9%), heat (up 8%) and gas (up 29%). ČEZ’s CEO Daniel Beneš has stated that the negative effect of lower electricity consumption was compensated partially by the reduction of permanent operating costs by CZK 1.6bn. ČEZ’s CFO Martin Novák estimates that the company will post adjusted net profit of CZK 27bn and EBITDA totalling CZK 64bn for the full yearContinue Reading

Pardubice Region invested almost CZK 1bn into the transport infrastructure fund in 2015, with further almost CZK 300m provided by the State Transport Infrastructure Fund. Pardubice Region’s deputy governor Jaromír Dušek (SPO) has stated at the Pardubice Region tripartite meeting that the region estimates the investment costs in 2016-2020 at CZK 2.5bn. The information was provided by Pardubice Region. Source: www.cianews.czContinue Reading

In the year 2015, Unicorn Systems will focus on the development of its already existing foreign representations. It is also widening its network of development centres – this year, a development centre in Zlín has been added, a second locality in the Ukraine is developing in Ternopil and Prešov will be added before the end of the year. Unicorn Systems board member Jan Konrád said this in an interview for ČIANEWS, adding that from the medium-term perspective, Unicorn continues to consider expansion to Scandinavia, the Balkans or to more exotic destinations, such as the Kazakhstan or Western Africa. A specific decision will probably come in the year 2016. Source: www.cianews.czContinue Reading

PPF group and Energetický a Průmyslový Holding (EPH) have agreed on joint actions for the acquisition of Swedish Vattenfall’s German assets. The goal of the joint venture, in which both firms will hold equal stakes, is to succeed in the sales process and acquire the coalmines and power plants that The Swedish group is selling. EPH’s board of directors chairman Daniel Křetínský has stated that if the joint venture succeeds in the tender, EPH is ready to assume responsibility for finding a compromise solution among the interests of regions, trade unions, industry, political organisation and environmental initiatives. Source: www.cianews.czContinue Reading

The Purchasing Managers’ Index (PMI) for the Czech Republic dropped to 55.5 points in September 2015 from 56.6 points in August, according to the data from Markit/HSBC. The pace of growth of new contracts decreased for Czech manufacturers, which led to lower production growth. Employment in the sector continued to increase. Purchasing activities grew at the slowest pace in nine months. The prices of inputs dropped for the first time in seven months and the prices of outputs dropped for the first time in six months, which the respondents connected primarily with the lower price of crude oil. Source: www.cianews.czContinue Reading

Pražská Plynárenská is currently delivering energies to almost 420,000 points of collection around the Czech Republic. The spokesperson for the company, Miroslav Vránek, has stated in a survey for ČIANEWS that Pražská Plynárenská keeps energy prices on long-term stable level. The company offers also new appliances (gas boilers etc.) for discounted prices, with the offed of participation on the assembly and launch or services related to safe utilisation of natural gas (CO2 detectors for discounted prices etc.). Source: www.cianews.czContinue Reading

On October 1, 2015, Prime Minister Bohuslav Sobotka and the chairman of the board of directors of Korean NEXEN TIRE, Byung Jung Kang, inaugurated the construction of a new factory hall in the Triangle industrial zone at Žatec. The Korean tyre manufacturer will create up to 1,500 new jobs there. The hall is expected to be completed by the end of 2017 and production is set to be launched in the first quarter of 2018. The factory will have a daily capacity of up to 31,000 tyres. Bohuslav Sobotka’s cabinet approved NEXEN’s investment project worth more than CZK 22bn in June 2014. Source: www.cianews.czContinue Reading