News

Czech magnate buys piano order canceled by PRC 18.09.2020 Czech magnate buys piano order canceled by PRC Czech Tycoon Karel Komárek undertook the contract for the purchase of world famous pianos PETROFF, originally prepared for the sale to China. PRC refused to fulfill the contract after the journey of Czech Senators to Taiwan.
Sweden Sweden
Holding EPH is going to sell Prague heating plant to Veolia 18.09.2020 Holding EPH is going to sell Prague heating plant to Veolia Czech billionaire Daniel Křetínský’s EPH, the largest energy holding in Central Europe, is selling the heating plant firm Pražská teplárenská to the French transnational Veolia for an undisclosed price. The transaction is yet to be approved by the Office for the Protection of Competition.
Sweden Sweden
Car sales in the Czech Republic fell by quarter in first eight months of 2020 18.09.2020 Car sales in the Czech Republic fell by quarter in first eight months of 2020 Automotive Industry is the most important industry in the Czech Republic. Sigs of dropping car sales are warning for all industry.
Sweden Sweden
Czech industry surpasses expectations again 18.09.2020 Czech industry surpasses expectations again Czech July industrial production increased by 6% Month-on-Month. But Year-on-Year dynamics show production 5% lower, still better than analyst expectations.
Sweden Sweden
Czech economy sharply declines in second quarter 05.08.2020 Czech economy sharply declines in second quarter Decline in economical results of the Czech Republic´s economy in connection with the crises of COVID-19 is quite sharp in the second half of the year.
Sweden Sweden
Skoda Auto sees slump in sales due to coronavirus 05.08.2020 Skoda Auto sees slump in sales due to coronavirus The car industry has been hit hard by the coronavirus crisis as lockdowns halted production lines and closed showrooms. Skoda Auto, one of the driving forces of the Czech economy, saw a 33 percent drop in sales in the first half of this year.
Sweden Sweden
EC approves Czech aid to companies affected by coronavirus crisis 05.08.2020 EC approves Czech aid to companies affected by coronavirus crisis The European Commission has approved the Czech government’s scheme to help companies affected by the coronavirus outbreak.
Sweden Sweden
Czech beer industry posts losses of nearly five billion crowns due to Covid-19 05.08.2020 Czech beer industry posts losses of nearly five billion crowns due to Covid-19 The Czech beer industry recorded losses amounting to nearly five billion crowns during the period from March until the end of June as a result of the restrictive measures related to the coronavirus outbreak, Martina Ferencová of the Beer and Malt Association announced on Tuesday, citing a survey...
Sweden Sweden
Czech Nation Energy Company CEZ signs framework deal with Czech state for new nuclear unit 05.08.2020 Czech Nation Energy Company CEZ signs framework deal with Czech state for new nuclear unit The Czech government signed agreements with CEZ on Tuesday for a planned multi-billion dollar expansion of the majority state-owned utility’s Dukovany nuclear power plant.
Sweden Sweden
Czech Crown At Its Strongest Against Dollar Since September 2018 05.08.2020 Czech Crown At Its Strongest Against Dollar Since September 2018 As the epidemiological situation in the United States worsens, the crown has grown in strength against the dollar, as it was recorded the lowest CZK per USD since September 2018.
Sweden Sweden