Prague, Aug 7 (CTK) – CEZ energy group last week filed an administrative lawsuit against Bulgaria’s anti-monopoly office over its July decision rejecting a sale of CEZ’s Bulgarian assets to the local company Inercom, CEZ CFO Martin Novak told CTK today. A similar suit was lodged by Inercom at the end of last month, […]
Prague, Aug 7 (CTK) – The positive economic development still influences Czech firms but this year’s figures will not reach 2017’s record levels, according to a survey that the Confederation of Industry with the Czech National Bank (CNB) made among entrepreneurs in the second quarter of this year. Even thus, none of the indicators […]
Prague, Aug 6 (CTK) – Czech construction slowed its annual hike to 7.5 percent in June from 10.1 percent in May, with building construction adding 6.7 percent and civil engineering growing by 9.6 percent in annual terms, the Czech Statistical Office (CSU) said today. June this year was one working day shorter than last […]
Prague, Aug 6 (CTK) – CEZ power utility registered a year-on-year drop in net profit and sales in the first half of this year, according to estimates of analysts addressed by CTK, most of them expect net profit below Kc10bn and sales lower than Kc90bn CEZ made a Kc16.7bn net profit in the first […]
Prague, Aug 6 (CTK) – The volume of uncovered insurance frauds grew moderately in the first half of this year, it reached hundreds of millions of crowns in total, according to a poll that CTK made among the largest domestic insurers. The most frequent frauds are in mandatory car insurance, the number of cases […]
Prague, Aug 6 (CTK) – Czech industrial output accelerated its yr/yr rise to 3.4 percent in June from May’s 1.4 percent thanks to energy and engineering industries, the Czech Statistical Office (CSU) said today. Adjusted for seasonal effects, industrial output went up by 1.5 percent in mth/mth terms. The value of new orders […]
Prague, Aug 3 (CTK) – Media group Mafra saw its profit fall by 69 percent year on year to Kc74.4m in 2017, while its revenues from sales of products and services rose by 1.5 percent to Kc2.5bn, server Mediaguru.cz said today, referring to Mafra’s annual report. Mafra considers its 2017 result favourable. It was […]
Ostrava, North Moravia, Aug 2 (CTK) – Trade unions consider the current process of sale steel company ArcelorMittal Ostrava (AMO) untrustworthy and non-transparent for employees and they demand further information from parent company ArcelorMittal, ZO OS KOVO union chairwoman Alena Sobolova told CTK today. The unions want ArcelorMittal to provide them in writing with […]
Prague, Aug 2 (CTK) – Komercni banka’s net profit fell by 12.4 percent year on year to Kc6.9bn in the first half of this year, its operating revenues dropping by 1.5 percent to Kc15.4bn, the bank said in a press release today. Excluding one-off items such as last year’s sale of the headquarters building, […]