Prague, Aug 2 (CTK) – The Czech National Bank (CNB) in its new forecast worsened a GDP growth estimate for 2018 to 3.2 percent from its May prediction of 3.9 percent, and for next year its estimate stayed at 3.4 percent, CNB governor Jiri Rusnok told journalists after the governing board’s meeting. For 2020, […]
Prague, Aug 2 (CTK) – The Czech National Bank (CNB) Bank Board raised interest rates today, the basic rate grew by 0.25 percentage point to 1.25 percent, the board decided unanimously on the rate hike, CNB governor Jiri Rusnok said at today’s press conference. Six out of the seven central bankers attended the policy […]
Prague, Aug 1 (CTK) – Energy and industry group Energeticky a prumyslovy holding (EPH) owned by Daniel Kretinsky is issuing four-year bonds in the total estimated amount of Kc3bn, the company said on its website today. According to EPH, Kc2.5bn of the total amount has already been subscribed within the first tranche as of […]
Prague, Aug 1 (CTK) – The Finance Ministry received Kc12.4bn worth of dividend from CEZ energy group on its account today, as August 1 is a day when the group starts paying out dividends to shareholders, CEZ spokesman Ladislav Kriz told CTK. June’s general meeting of CEZ decided to pay a dividend of Kc33 […]
Prague, July 31 (CTK) – Profit of Sokolovska uhelna brown-coal mining company dropped to Kc564m last year from a previous Kc1.094bn after-tax profit, while sales grew by 1.5 percent to Kc6.85bn, Euro.cz server wrote today, referring to the company’s annual report. However, in 2016 the company’s profit was distorted by extraordinary influences, in particular ending […]
Veverska Bityska, South Moravia, July 30 (CTK) – Sales of Hartmann-Rico health care and hygiene products maker fell moderately to Kc4.27bn last year and profit dropped from Kc411m to Kc161m, according to the company’s annual report. Germany is the most important market for the company whose exports contributed two thirds to the sales in […]
Mlada Boleslav, Central Bohemia, July 30 (CTK) – The first joint investments of the town of Mlada Boleslav and Skoda Auto car manufacturer aimed at making the Mlada Boleslav district more attractive will be heading to security, Skoda Auto said in a press release today. Skoda Auto has approved a financial aid to projects […]
Prague, July 30 (CTK) – The planned merger of Cesky Aeroholding with Letiste Praha should be completed only in the autumn, the Finance Ministry plans its entry in the Register of Companies to be made on October 1 but the date may still be postponed, the ministry’s spokesman Filip Behal told CTK today. The […]
Ostrava, North Moravia, July 27 (CTK) – Vitkovice Mechanika, a unit of Vitkovice Machinery Group (VMG) of entrepreneur Jan Svetlik, will gain a strategic investor – Supermetal company, Vitkovice spokeswoman Eva Kijonkova told CTK today. This will be a part of Vitkovice Mechanika’s reorganisation whose proposal Vitkovice submitted to the Regional Court in Ostrava […]