Humpolec, South Bohemia, Aug 15 (CTK) – Czech family brewer Rodinny pivovar Bernard raised sales to Kc383.5m in H1 from Kc327.8m in Jan-June last year, its output growing by 17.4 percent or 27,874 hectolitres to 187,900 hectolitres of beer, the brewer’s spokesman Zdenek Mikulasek told CTK today. The output has been steadily growing, however, […]
Prague, Aug 15 (CTK) – The share of Czech exports heading to the European Union has been increasing and it added annually 0.5 percentage points to 84.2 percent in the first half of this year, according to data of the Czech Statistical Office (CSU). The portion of exports going to the EU was at […]
Prague, Aug 14 (CTK) – The Czech Republic’s annual economic growth slowed to 2.3 percent in Q2 from 4.2 percent in the previous quarter, and the economy expanded by 0.5 percent in qtr/qtr terms, the Czech Statistical Office (CSU) said in its preliminary estimate today. Analysts predicted a rise of 2.5 to 2.6 percent […]
Olomouc, North Moravia, Aug 14 (CTK) – Senior Flexonics Czech, a producer of flexible tubes from stainless steel for the car industry, raised its sales annually by Kc14m to record-breaking Kc617m in 2017, while its net profit dropped from Kc129m to Kc94m, according to the company’s annual report. The production volume reached 4,662,726 parts […]
Prague, Aug 14 (CTK) – The falling Turkish lira causes problems for Czech companies active in the country, concerning mainly those that are paid in liras, CTK learned today. Since the beginning of this year, the Turkish lira has lost 42 percent to the Czech crown. CEZ energy group’s subsidiaries operating in Turkey, […]
Lutin, North Moravia, Aug 13 (CTK) – Pump producer Edwards saw its sales rise from Kc4.788bn in 2016 to Kc5.037bn last year, its profit falling by 17 percent to Kc516m, according to data from the company’s annual report. The Lutin plant of Edwards is a unit of Swedish group Atlas Copco. “The financial […]
Ostrava, North Moravia, Aug 13 (CTK) – Steel producer ArcelorMittal Ostrava (AMO) netted Kc3.2bn last year, 146 percent (Kc1.9bn) more than in 2016, AMO spokeswoman Barbora Cerna Dvorakova told CTK today. The annual growth was influenced positively by the result on the financial level. “The financial result for 2017 amounted to Kc5.3bn, which […]
Prague, Aug 13 (CTK) – Ceskomoravska stavebni sporitelna (CMSS), the largest building society on the Czech market, saw its H1 net profit rise by 5 percent annually to Kc535m thanks to lower provisions, cost discipline, and trade deals, CMSS board chairman Tomas Korinek told journalists today. Building societies’ lending totalled Kc36.6bn at the end […]
Prague, Aug 10 (CTK) – Czech trade unions want the date of their next talks with the cabinet on wages in the public sector to be set so that the talks are closed this month, defining the extent and timing of civil servants’ pay increase, Deputy PM Jan Hamacek and CMKOS umbrella union head Josef […]