Business

Exeter Acquires Logistics Centers In Nosovice And Mosnov

The projects of production and warehouse halls in Nošovice and Ostrava-Mošnov, co-owned by a fund from the J&T Group, will be gradually bought by the American investment giant Exeter Property Group. This is the first investment in the Czech Republic for an American company. The American real estate company Exeter Property Group, which manages assets worth […]

Eset Unveils New 200 Million Euros HQ Campus Design

Antivirus company Eset will build a new headquarters in Bratislava for 200 million euros, ie over five billion CZK. The amount includes the acquisition of land on the premises of the former Military Hospital as well as the planned construction, including interiors and the supply of technology. Completion is planned for 2027. The concept of the new […]

CEZ ESCO Acquires Capexus

ČEZ ESCO from the ČEZ energy group has acquired Capexus, which deals with the design and reconstruction of office space. This follows from a notice published on the website of the Office for the Protection of Competition (ÚOHS), which assesses the transaction. “The proposed merger of competitors is taking place mainly in the area of ​​implementation […]

Czech Consumer Confidence Index Falls In November

Confidence in the Czech economy fell by 0.1 point month-on-month to 95.2 in November. It has been declining for five months in a row. The decline is mainly due to a drop in consumer confidence, while entrepreneurs’ outlook for the economy has improved. This follows from the results of a survey published today by the Czech Statistical Office (CSO). Compared to […]

IMF Downgrades Economic Forecast For Czech Republic

The Czech economy will grow by 2.6 percent this year and growth will accelerate to 3.5 percent next year. This follows from the conclusions of the regular mission of the International Monetary Fund (IMF) in the Czech Republic. In October, the fund expected growth of 3.8 percent this year in the case of the Czech economy and 4.5 percent […]

Energie ČS To Merge With Amper Market

Energie ČS will merge with Amper Market. Both belong to Jiří Písařík’s Bohemia Energy group, which ceased operations in mid-October. The merger of the two companies is in line with the strategy of the Bohemia Energy group to gradually close down, said its spokeswoman Hana Novotná. All rights and obligations of Energie ČS towards customers and business partners […]

Promet Group Sees Profits Soar

Promet Group, co-owner of Tatra Trucks and one of the largest family companies in the Czech Republic, improved its gross operating profit (EBITDA) last year, despite the pandemic and lower sales. The most monitored indicator of company performance in the group increased by more than a fifth from 412 million to half a billion crowns. According […]

Investika Expands In Poland With 2 Acquisitions

The real estate fund of the Czech investment company Investika is strengthening its foreign portfolio. For about 400 million crowns, it bought two branded service centers for MAN and Neoplan trucks and buses in Gdańsk and Wrocław. It follows on from its March acquisition of the Szyperska administrative complex in Poznan, Poland. “It’s an investment that appealed […]