News

BIKE FUN International increases profit 04.12.2020 BIKE FUN International increases profit The company recorded a 39% increase in sales and plans to expand its production capacity and to hire more employees.
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National Development Fund (NRF) obtains licence to support projects 18.11.2020 National Development Fund (NRF) obtains licence to support projects The NRF was established to support public and private infrastructure projects. The participating banks have promised to invest up to CZK 7bn in projects supported by the fund, which should attract additional financial resources.
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Cogeneration power plant Opatovice (EOP) has new TG5 turbine for CZK 350.35m 13.11.2020 Cogeneration power plant Opatovice (EOP) has new TG5 turbine for CZK 350.35m EOP has increased the reliability and efficiency of its own generation of heat and electricity. Maximum heating output is 135 MWt and its maximum electric output is 65 MWe.
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AnyoneGo offers aids for handicapped dogs in Europe 04.11.2020 AnyoneGo offers aids for handicapped dogs in Europe The company who creates tailored 3D-printed wheelchairs for dogs that cannot walk on their own has entered European markets.
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SprayVision plans US and Asian expansion 02.11.2020 SprayVision plans US and Asian expansion Company is optimising the industrial painting process. SprayVision includes clients such as Porsche, Volkswagen and Fiat Chrysler Automotive.
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Vítkovice Cylinders invests CZK 50m in hall and line 16.10.2020 Vítkovice Cylinders invests CZK 50m in hall and line 50 bundles of bottles per day will be assembled in the hall. Bottles are used for storage and transport of large volumes of hydrogen, CNG and technical gases.
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CzechInvest: ESA BIC to support 4 more start-ups with EUR 50,000 09.10.2020 CzechInvest: ESA BIC to support 4 more start-ups with EUR 50,000 Start-ups will obtain EUR 50,000 and consulting services from CzechInvest and JIC
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ŠKODA AUTO testing AI for vehicle diagnostics 08.10.2020 ŠKODA AUTO testing AI for vehicle diagnostics The technology recognizes 10 templates with a precision exceeding 90. The app is being piloted in 14 countries with 245 participating dealers.
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Unemployment up to 2.8%, hours worked unchanged 02.10.2020 Unemployment up to 2.8%, hours worked unchanged August 2020 was completely standard in terms of the main indicators of the Czech labor market, people worked the same number of hours as in August 2019.
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ŠKODA AUTO optimizing logistics using artificial intelligence 01.10.2020 ŠKODA AUTO optimizing logistics using artificial intelligence Automaker stated that in 1Q 2020 the use of the new app led to saving 151 container shipments, which corresponds to 80 tons of CO2 emissions.
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