Friday, 24 March 2017
Business | CIA News

Škoda Electric will deliver new trolleybuses to Romania. The Plzeň-based firm has won a tender in the Romanian city of Galati.

Business | CIA News

Czech Republic’s investment position against abroad dropped by CZK 76bn to CZK 1.17 trillion in Q4 2016. In the year-on-year comparison, the deficit dropped by CZK 336.9bn, i.e. 24.9% of GDP in current prices.

Business | Real Estate | Prague TV

Old houses in Prague are five times more expensive than in the Vysočina region, which is the least expensive area of the Czech Republic. A square meter in Prague was CZK 50,840 on average at the end of the year, while in Vysočina it was CZK 9,618. Prices went up an 11.6% on average nationwide to CZK 23,218 per square meter, according to the company CeMap.

Business | Prague TV

There was no real surprise in who the richest Czech is. The annual Forbes magazine list once again put Petr Kellner of PPF Group on top. The magazine estimated his fortune at $12.2 billion.

Business | Radio Prague

A taste of the West was the slogan used by another very different company, though in this case it was perhaps more appropriate. And the interest was huge when the first McDonald's hamburger restaurant opened its doors 25 years ago in what was still Czechoslovakia on March 20, 1992.

Business | ČTK

Thousands of Ukrainian workers are coming to the Czech Republic through Poland since this is easier than waiting for Czech visas, daily Lidove noviny (LN) wrote on Monday.

Business | ČTK

The Czech state-run VOP CZ firm will produce parts for the Austrian military's BvS10 amphibious armoured vehicles based on a contract with Britain's BAE Systems that produces the vehicles in Sweden, Sarka Stockova told CTK on behalf of BAE Systems on Monday.

Business | CIA News

French firm NEXTER Systems has won the tender for new howitzers for the Danish Army with the CAESAR 8x8 type, using a chassis made by Tatra.

Business | CIA News

In 2016, the Kofola ČeskoSlovensko group reported revenue of CZK 6.99bn, down by 2.7% on the year. EBITDA amounted to CZK 1.06bn and operating profit totalled CZK 541.35m. With 73 UGO Freshbars and Salaterias, the UGO brand boosted sales by more than CZK 100m (+53%).

Business | CIA News

Members of the Czech Leasing and Financial Association (ČLFA) extended purpose-free loans, revolving loans and loans for the financing of movable assets on point of sale totalling CZK 8.94bn in Q4 2016, up 7.9% y/y.

Business | Prague TV

State-owned brewery Budějovický Budvar sold a record 1.61 million hectoliters of beer last year, the most in company's 120 year history. Audited financial figures will be released in the summer. Over the past 11 years the brewery has increased sales by 40% and last year was up 0.8 percent. In 2006, production was at 1.15 million hectoliters. Production reached it maximum in 2015 and large increases are not possible under existing conditions.

Business | Radio Prague

A Czech company is using 3D laser technology to offer more accurate road repairs and resurfacing and is targeting a worldwide market that could result from the know-how.

Business | Prague Leadership Institute

The older we get the more we think about things like a fulfilled life. Here's the good news: a fulfilled life does not have to be one filled with material success or status. It just needs to be a life one feels they have been engaged in.

Business | Irish Independent

Marek Pokorný swapped his career in environmental engineering for one in snail farming. Now he hopes to sell his caviar in Irish and European restaurants.

Finance | ČTK

The Czech Republic will join the Global Money Week international event for the first time this year to boost young people's financial literacy, the event's spokeswoman Dana Spicarova told CTK on Friday, adding that lectures and workshops will be held in schools and other institutions.