Friday, 26 May 2017
Business | CIA News

The Arete Invest fund, focusing on real estate investments, plans to invest additional ca. EUR 60m in the Czech Republic and Slovakia later in 2017.

Business | CIA News

E-shop Alza.cz will start selling electric vehicles online. Selected models will be delivered within one day from payment.

Business | CIA News

The Integrated Regional Operational Programme (IROP) registers as of May 25, 2017, totally 1,811 approved projects worth over CZK 30.7bn.

Business | Radio Prague

If the country’s economy keeps doing well the Czech property market should grow by 10 percent by the end of this year with expansion slowing to 7.5 percent in 2018. That is according to a study by the Association for Real Estate Market Development quoted by the news website iHned.cz

Business | CIA News

The volume of new loans extended by Home Credit in Q1 2017 increased from EUR 2.11bn to EUR 4.28bn.

Business | CIA News

MILACRON Czech republic, a company focused on the production of plastic parts, opened its third hall in Šašovice u Želetavy.

Business | CIA News

Public investors completed and awarded a total of 1,509 public tenders for construction work in the total value of CZK 35.1bn in a period from January to April 2017.

Business | Radio Prague

Plans to build a high-speed rail network in the Czech Republic will greatly impact Prague, which will alone require investment of at least CZK 80 billion, iHned.cz reported. Among expected projects are tunnels and an underground extension of the city’s Main Station.

Business | CIA News

KERN-LIEBERS CR engineering company opened a new production hall in České Budějovice on May 23, 2017, having invested CZK 500m in it.

Business | CIA News

Construction savings banks entered into new construction savings contracts with target sum totalling almost CZK 38.4bn in Q1 2017.

Business | CIA News

Motor vehicle production in the Czech Republic totalled 500,659 in 4M 2017. Of the total, passenger car production amounted to 498,124 (up 6.3%).

Business | Prague TV

The end of communism saw a big shakeup in beer brewing, with many smaller, inefficient breweries going out of business and others being bought up by larger firms so even if the name remained, it was just part of the range of a bigger label.

Business | Radio Prague

An angry war of words has broken out over government plans to pave the way for a new frequency for terrestrial tv broadcasters as part of moves to free up space for mobile data to be transmitted around the world.

Business | CIA News

Société Générale Equipment Finance (SGEF) in the Czech Republic and Slovakia recorded a growth in financing by over 6% y/y in the first quarter of 2017.

Business | CIA News

Priorities of the state budget of the Czech Republic for the year 2018 include a reduction of the planned deficit by CZK 10bn to CZK 50bn.