Friday, 15 December 2017
Business | CIA News

The Energy Regulation Office (ERO) initiated a public consultation process on December 12, 2017 for price decisions, setting up support for the years 2017 and 2018 for combined heat and electricity production (KVET) launched between the years 2013 and 2015.

Business | Radio Prague

The proposed incoming minister of energy and trade has outlined his priorities. These include energy, 'smart' households, dealing with the country's industrial waste legacy, fast internet and telecom charges.

Finance | Prague TV

Consumer prices in November went up by 0.1 percent compared with October, primarily due to a rise in transportation prices, though egg prices also rose substantially. Butter prices saw a significant drop.

Business | ČTK

The start of the Permanent Structured Cooperation (PESCO) project is an opportunity for the Czech defence industry, outgoing Foreign Minister Lubomir Zaoralek told journalists after the project was started on Monday.

Business | CIA News

Engineering group ZKL estimates that it will generate operating profit of CZK 136m in 2017, up 42% y/y. Revenues are predicted at CZK 1.1bn (up 3% y/y).

Business | CIA News

Ministry for Regional Development has registered more than 45,000 applications for subsidies totalling more than CZK 524bn via the MS2014+ monitoring system.

Business | CIA News

The Association for Electronic Commerce (APEK) predicts that Czech e-shops’ turnover will exceed CZK 4bn in the week from December 11, 2017. On December 11, 2017, alone, the revenues are expected to reach CZK 1bn.

Business | ČTK

Experts from the Czech company IQ Structures have invented a way of improving holograms and they were awarded a certificate of merit for holography innovations at a world conference in Barcelona in November.

Business | Prague Leadership Institute

Fact: Over 40% of the companies that were at the top of the Fortune 500 in 2000 were no longer there in 2010. For some reason, this statistic never ceases to amaze me, because of what it says about the consequences of failing to adapt to changing circumstances.

Business | Radio Prague

Prague's sole European agency, an offshoot of the Galileo navigation system, has brought CZK 1 billion worth of benefits to the Czech capital during its short stay. But major questions are still circling the economic viability of the whole project.

Business | CIA News

Czech utility ČEZ is buying 100% stake in Polish company Metrolog. The engineering company has 160 employees and focuses on long-term basis on complex decentralised electricity and heat production.

Business | CIA News

In spring 2018 PSJ plans to build a tenth building with designation I in project Dutch Quarter in Olomouc. It is currently completing four buildings.

Finance | CIA News

Ministry of Labour and Social Affairs has so far allocated CZK 45bn to ca. 3,600 projects as part of the 2014-2020 Employment Operational Programme. The total allocation amounts to CZK 67bn.

Business | Radio Prague

One of the biggest and most successful recent Czech starts up is reported to be heading for a sale with an impressive price tag of at least 10 billion crowns. Some say the offer for flight search company Kiwi.com could climb as high as 15 billion crowns.

Business | Reuters

Czech airline Travel Service said on Thursday it had signed an order for nine additional Boeing 737 MAX planes for its fleet in November, increasing its total order book for the model to 39 planes.