Prague, Aug 24 (CTK) – Confidence in Czech economy grew by 0.4 point to 99.1 points in August after July’s drop, business confidence rose but consumer confidence fell, the Czech Statistical Office (CSU) said today. In annual terms, the composite confidence indicator is higher. Business confidence increased by 0.8 point to 96.9 points […]
Prague, Aug 24 (CTK) – APS Holding, a Prague-based company providing debt collection services, decreased its net profit annually from EUR4.9m (Kc126m) to EUR4.3m (Kc110m) in 2017, the company told CTK. The drop was due to one-off costs related to the company’s expansion abroad, and the introduction of the European Union General Data Protection […]
Prague, Aug 23 (CTK) – Builder Subterra, a unit of the Metrostav group, saw its net profit fall by 88 percent year on year to Kc30.6m in 2017, while its sales rose by 86.4 percent to Kc5.91bn, according to the company’s annual report. Nearly a half of the sales was generated abroad. “The […]
Prague, Aug 23 (CTK) – The total Czechs’ debt increased annually by 8.5 percent to Kc2,230bn at the end of the first half of this year, while the volume of debts with default risk fell by 9.2 percent to Kc36.9bn, according to data from the banking and non-banking registers of client information. The number […]
London/Prague, Aug 22 (CTK) – Antivirus software developer Avast, originally a Czech company, raised its EBITDA (earnings before interest, taxes and depreciation) by 11 percent to USD222.1m (Kc5bn) in the first half of this year, the company has said. The result was driven mainly by strong performance in the division of consumer PCs. […]
Prague, Aug 22 (CTK) – Lorries and vans transported nearly 88 million tonnes of goods on Czech roads in the first quarter of the year, about a tenth more annually and the highest Q1 figure in ten years, the Czech Statistical Office (CSU) said today. International freight transport makes up only 11 percent of […]
Ostrava, North Moravia, Aug 21 (CTK) – Vitkovice a.s. company will cut its share capital to Kc132.8m from Kc3.98bn by reducing the nominal value of all of its shares to Kc10 from Kc300 per unit, the company’s general meeting decided today. Along with part of retained profits, the money will be used to cover […]
Prague, Aug 16 (CTK) – Dutch insurer Aegon has agreed to sell its companies in the Czech Republic and Slovakia for EUR155m (about Kc4bn) to Dutch group NN, the group said on its website today. “This divestment is a further step in rationalizing our geographical footprint and focusing our resources on our key markets”, […]
Prague, Aug 16 (CTK) – Central Group, one of the biggest housing developers on the Czech market, saw its net profit drop annually by 17 percent to Kc934m last year, its revenues falling by 3 percent to Kc5.3bn, the company told CTK today. The decrease was caused mainly by the completion of a large […]