Prague, Sept 12 (CTK) – EP Infrastructure (EPIF), one of the pillars of the the energy and industry group EPH of billionaire Daniel Kretinsky, saw its operating profit EBITDA fall by 7.4 percent to EUR742m (Kc19bn) in the first half of this year, mainly due to warmer weather in comparison with last year, the company ...
Bohumin, North Moravia, Sept 11 (CTK) – Rockwool, a mineral wool insulation producer, made Kc1.455bn in sales last year, which was a record amount, and the company’s profit increased by Kc74.4m yr/yr to Kc130.3m, Lukas Klapil told CTK today on behalf of the Czech company that is part of Danish group Rockwool. Over Kc1bn ...
Prague, Sept 6 (CTK) – The lack of workforce is the main obstacle to Czech exports, moreover, exports were influenced by company holidays in the automotive industry in July, analysts addressed by CTK said today. Czech economy moves on the verge of its capacity so raising output is hard for export companies, they added. ...
Prague, Sept 6 (CTK) – The July growth in the Czech Republic’s industrial output is the strongest since last October, however, it was impacted by a bigger number of working days, timing of holidays, and 2017’s power cuts, analysts approached by CTK said today. Despite the reasons of the rise, data published by the ...
Prague, Sept 6 (CTK) – The debt of Czech companies to non-banking financial institutions reached Kc151.8bn at the end of the first half of this year, which is a 15.8 percent annual rise, according to statistics of the non-banking register of client information. The debt volume increase was affected mainly by the number of ...
Prague, Sept 6 (CTK) – Czech foreign trade ended in a Kc4.8bn deficit in July, Kc2.9bn higher year on year, and trade in oil and natural gas had a negative impact on the result, the Czech Statistical Office (CSU) said in its preliminary results today. The influence of trade in computers and electronics was ...
Prague, Sept 4 (CTK) – The Czech Republic’s average gross monthly wage rose annually by 8.6 percent to Kc31,851 in the second quarter of this year, and adjusted for inflation, wages grew by 6.2 percent, the Czech Statistical Office (CSU) said today. The median wage went up by 9.4 percent to Kc27,236. The ...
Prague, Sept 4 (CTK) – Swiss Life financial group is buying Fincentrum, a major financial consultant company in the Czech Republic, becoming a leader on the Czech and Slovak independent financial consultancy markets, Swiss Life told CTK today. Both companies are keeping their established brands, business structures and service portfolios, deciding not to disclose ...
Prague, Sept 2 (CTK) – State budget expenditures for investments last year were the lowest in the last 12 years and the state budget was not prepared as balanced despite the high economic growth, says the Supreme Audit Office (NKU) stance to the final state account for last year. The final Kc6.2bn budget deficit ...
