Brno, Aug 10 (CTK) – Czech anti-monopoly office UOHS cancelled a Kc30m fine it imposed on Severoceske doly (SD) coal mining company because it banned its customers from exporting coal, UOHS said on its website. The company will not issue its stance on the fine’s cancellation for now because it has not yet received […]
Prague, Aug 10 (CTK) – The four largest banks in the Czech Republic made a Kc26.6bn profit in the first half of this year, Kc2.3bn lower than a year earlier, according to the banks’ financial results. Last year, the high profits of banks in the country were influenced notably by one-off factors, including the […]
Prague, Aug 10 (CTK) – Czech-Slovak financial group Arca Capital has made use of the recent drop of shares of social network Facebook on stock markets in the USA and has bought Kc1.5bn worth of these shares, server E15.cz said today. Facebook shares plummeted by 19 percent within one day after the release of […]
CROSS Zlin, which develops and produces technology for transport infrastructure, raised turnover from 2016’s Kc381m to Kc515m last year, the company told CTK in a press release today. After-tax profit grew from Kc18.8m to Kc26.3m, CTK has learned from the company’s annual report for 2017 published on justice.cz server. Most of the production […]
Prague, Aug 8 (CTK) – The first-half net profit of Moneta Money Bank sank by 3.4 percent yr/yr to Kc2.121bn and its loan portfolio grew, with mortgages adding 42.3 percent, the bank said in a press release today. The bank sold non-performing loans, with a pre-tax income from the sale amounting to Kc648m. […]
Prague, Aug 8 (CTK) – AXA financial group raised net profit in the Czech Republic and Slovakia by 46 percent year on year to Kc467m in the first half of this year, the group told CTK today. AXA offers life and non-life insurance, investing and private pension insurance on the two markets where it […]
Prague, Aug 7 (CTK) – PPF investment group filed a suit with Bulgaria’s Supreme Administrative Court over July’s verdict of the local regulator preventing it from purchasing local television network Nova, E15 server reported today. “We can confirm we have filed an appeal against the decision of the Bulgarian anti-monopoly office regarding the Nova […]
Prague, Aug 7 (CTK) – Czech exports have been pulled down by a shortage of labour and the fact that the European car market has reached saturation point, analysts polled by CTK have said. Exporters are no longer able to get new orders as they lack workers to raise their production and new employees […]
Prague, Aug 7 (CTK) – Photon Energy, an international solar power solutions group with Czech roots, raised net profit to Kc44.2m (EUR1.73m) in the first half of this year from Kc2.2m (EUR82,000) seen in the same period last year, according to results that the company made public on its website today. Consolidated sales increased […]