News

Supersport made in Czechia. The Czech Automaker Praga unveils its newest car. 25.11.2022 Supersport made in Czechia. The Czech Automaker Praga unveils its newest car. Bohema, the street-legal model is powered by a heavily tuned V-6 and will be limited to 89 examples. With this goes also a unique price tag - 1.3 million USD.
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ShipMonk’s Jan Bednar Named Entrepreneur of the Year® 2022 Award Winner 21.11.2022 ShipMonk’s Jan Bednar Named Entrepreneur of the Year® 2022 Award Winner ShipMonk’s multichannel 3PL platform integrates the inventory, shipping, order and warehouse management fulfillment processes. ShipMonk's founder Jan Bednar is EY's Enterprenuer of the Year 2022.
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Acquisition of Metsch Refractories LLC 15.11.2022 Acquisition of Metsch Refractories LLC Metsch Refractories located in Chester, VA, USA is changing ownership. This family-owned business is sold after 70 years in the hands of Hays family to a family-owned Lanik s.r.o. located in the Czech Republic.
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NNTB's corporate trust box raises $1 million in investment capital 29.10.2022 NNTB's corporate trust box raises $1 million in investment capital Czech antibullying software developer NNTB has completed a first round of funding. $1 million in capital raised will allow the company to expand its platform from a school-oriented product to one geared toward the corporate environment.
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IoT company Hardwario raises CZK 48m; offers energy monitoring 24.10.2022 IoT company Hardwario raises CZK 48m; offers energy monitoring Hardwario has completed its share subscription. On Monday, October 24, 2022, the shares started trading on the START market of the Prague Stock Exchange.
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EU ministers support further electrification of railways 24.10.2022 EU ministers support further electrification of railways The revision of the TEN-T pan-European rail backbone network foresees the elimination of those links located in Russia and Belarus.
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Prague Public Transit Company announced tender for up to 70 battery trolleybuses 21.10.2022 Prague Public Transit Company announced tender for up to 70 battery trolleybuses The Prague Public Transport Company (DPP) has announced a public tender for the delivery of up to 70 urban low-floor battery trolleybuses of the Standard type.
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ALLWYN AND COHN ROBBINS ANNOUNCE DECISION ON PROPOSED BUSINESS COMBINATION 16.10.2022 ALLWYN AND COHN ROBBINS ANNOUNCE DECISION ON PROPOSED BUSINESS COMBINATION Allwyn and Cohn Robbins have mutually decided not to proceed with commitment to combine the two companies. The major deciding factor in this decision, both companies stated, was a significant volatility of current markets.
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Czech Ministry of Finance presents windfall tax parameters 09.10.2022 Czech Ministry of Finance presents windfall tax parameters The Ministry of Finance (MF) has introduced a bill introducing a windfall profits tax. It is to apply from January 1, 2023 for a period of three years to exceptionally profitable companies in the energy production and trading, banking, petroleum and fossil fuel extraction sectors.
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Czech industry growth accelerated to 7.2% 08.10.2022 Czech industry growth accelerated to 7.2% Industrial production grew by 7.2% y/y in real terms in August 2022, picking up from July's revised 0.9% pace.
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