Prague, Sept 2 (CTK) – Czech capital is slowly beginning to gain its place in domestic retail trade which is controlled mainly by German chains, apart from several acquisitions, the number of domestic retailers grows fast and Czech owners dominate in particular online trading. Among the companies which have ended up in Czech hands […]
Prague, Aug 31 (CTK) – The time rotation system with the alternating winter and summer time is an unnecessary relic of the past, Czech companies’ and energy utility representatives said today and backed the EC’s plan to propose the sytem’s abolition to the EP and EU member countries. The Czech Chamber of Commerce said […]
Prague, Aug 31 (CTK) – The Czech cabinet and the trade unions today agreed on an increase in the wages in the public sector as of January 1, 2019, which will raise most employees’ base pay by 5 percent, and further money will raise bonuses, PM Andrej Babis (ANO) and Finance Minister Alena Schillerova (for […]
Prague, Aug 30 (CTK) – Czech companies’ interest in trading with Thailand has increased, and so did investments in the country, even though the situation is complicated by the European Union halting negotiations about a free trade agreement following a 2014 coup by the Thai military, Czech ambassador to Thailand Marek Libricky told CTK. […]
Prague, Aug 30 (CTK) – Solek Group, a Czech investment group specialising in photovoltaic power station projects, has sold its Chilean projects with a planned installed output of 118 megawatts (MW) to Canadian company CarbonFree, Solek Group owner Zdenek Sobotka told CTK today without disclosing the price. According to CTK’s market sources, the transaction […]
Prague, Aug 30 (CTK) – Austria’s Erste Group wants to squeeze out minority shareholders of Czech bank Ceska sporitelna (CS), CS said on its website, and server E15.cz wrote today that Erste offers Kc1,328 per share. The Austrian financial group, which controls 98.97 percent of CS, asked the bank to call a general meeting […]
Brno, Aug 27 (CTK) – Zetor Tractors saw its 2017 sales fall to Kc2.9bn from Kc3.2bn a year ago, its pre-tax profit growing to Kc117m from 2016’s Kc102m, the tractor maker said in the annual report entered in the Register of Companies. The number of tractors sold last year decreased by 379 to 2,765 […]
Hradec Kralove, East Bohemia, Aug 26 (CTK) – Lesy CR (LCR) state-run forest management company saw its sales revenues fall annually by 20 percent to Kc4.68bn at the end of June, which was connected with a dramatic drop of wood prices on the Central European Market, LCR head of marketing and communication Ondrej Kopecky told […]
Prague/Berlin, Aug 24 (CTK) – Czech group Agrofert has dismissed today’s statement of German Social Democrat (SPD) MP Rudiger Erben that Agrofert failed to keep its promise to offer employees of new bakeries in Saxony-Anhalt the same conditions as to employees who are being laid off from the Lieken bakery group. In an interview […]