News

Czech Statistical Office: Foreign trade ended with CZK 23.3bn deficit 07.07.2022 Czech Statistical Office: Foreign trade ended with CZK 23.3bn deficit The balance of foreign trade in goods at current prices ended with a deficit of CZK 23.3bn in May 2022 (y/y - CZK 26.4 billion), the Czech Statistical Office (ČSÚ) said, adding that it was worsened by a larger deficit in trade in oil and natural gas.
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IBM supplies central data storage to IT4Innovations 04.07.2022 IBM supplies central data storage to IT4Innovations IBM, in collaboration with Datera, has supplied a modern central data storage facility to the IT4Innovations national supercomputing centre which will enable it to increase storage capacities, energy efficiency and scalability and to simplify maintenance.
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Czech online grocery delivery startup Rohlik raises 119M USD for expansion 01.07.2022 Czech online grocery delivery startup Rohlik raises 119M USD for expansion The fast-growing Czech online supermarket Rohlik has raised the series D round from Belgian investment fund Sofina and their existing investors. The company will use the new money to invest in technological innovation and further expansion.
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The U.S. Federal Reserve will not allow the U.S. economy to slide into a higher inflation regime, even if it means raising interest rates to levels that threaten growth, said Fed Chairman Jerome Powell during the ECB Forum on Central Banking 30.06.2022 The U.S. Federal Reserve will not allow the U.S. economy to slide into a higher inflation regime, even if it means raising interest rates to levels that threaten growth, said Fed Chairman Jerome Powell during the ECB Forum on Central Banking Federal Reserve Chair Jerome Powell said there is no guarantee the Central Bank can tame the runaway inflation without hurting the job market.
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Tatra may partner with the manufacturer of the legendary Humvee AM GHeneral, wants to supply to the U.S. Army 29.06.2022 Tatra may partner with the manufacturer of the legendary Humvee AM GHeneral, wants to supply to the U.S. Army Tatra in negotiations with AM General to supply offroad heavy military vehicles parts. Representative of AM General, manufacturer of Humvees for the US Army, sees the conclusion of the agreement as very realistic.
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Czech companies are preparing to expand to USA 18.06.2022 Czech companies are preparing to expand to USA Czech businesses look to US markets for expansions in the wake of collapsing eastern markets due to war in Ukraine.
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PFC heads to Board of Directors of US Groupon 17.06.2022 PFC heads to Board of Directors of US Groupon Pale Fire Capital purchased 10% of US Groupon. Šenkypl to sit on the board of directors, Barta will serve in Groupon's supervisory body until joining his colleague at the board of directors. PFC aquired 10% of US Groupon at a cost of $11.55 a share.
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IBM supplies central data storage to IT4Innovations 16.06.2022 IBM supplies central data storage to IT4Innovations IBM supplies central data storage to IT4Innovations.
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Delta Air Lines resumes direct flights between Prague and New York 01.06.2022 Delta Air Lines resumes direct flights between Prague and New York Delta Air Lines has resumed direct flights between the Czech Republic and the USA. The carrier will deploy Boeing 767-300 aircraft on the route between Prague and New York's JFK Airport.
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Prusa Research acquires US-based Printed Solid 31.05.2022 Prusa Research acquires US-based Printed Solid Prusa Research is expanding its footprint in the US market. A reseller partnership with Prusa will allow Printed Solid to sell Prusa printers in private, public, and educational sectors.
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