Kladno, Central Bohemia, July 27 (CTK) – The second attempt at selling Poldi Kladno bankrupt steelworks in auction has failed as well, Warhols Hold company, which gained Poldi, has changed its plans and will not buy it, the company’s media representative Pavel Lukes told CTK today. Warhols Hold told insolvency administrator Adam Sigmund that ...
Prague, July 26 (CTK) – Czech Media Invest (CMI), which is co-owned by billionaire Daniel Kretinsky, completed the acquisition of French group Lagardere’s radio stations in the Czech Republic, Slovakia, Poland and Romania for EUR73m (over Kc1.8bn), CMI board member Daniel Castvaj told CTK. The acquisition includes Czech radio stations Frekvence 1 and Evropa ...
Pisek, South Bohemia, July 26 (CTK) – Faurecia Automotive Czech Republic, a company focused on exhaust systems, raised its after-tax profit by 238 percent to Kc446.5m in 2017, while its sales fell by 28 percent to Kc15.1bn, according to the company’s annual report. Faurecia Automotive Czech Republic, established in 2006, increased its operating profit ...
Prague, July 26 (CTK) – Sales from film production in the Czech Republic exceed Kc104bn, which is 1.1 percent of gross domestic product (GDP), according to an analysis Deloitte has provided to CTK. While direct sales of the film industry have reached Kc54bn, the indirect ones amount to Kc50bn. Deloitte’s analysis shows that ...
Uherske Hradiste, South Moravia, July 25 (CTK) – Synot Tip, one of the biggest players on the Czech lottery market, saw its revenues from sales of own products and services fall by nearly Kc804m to Kc4.89bn, while its profit grew by almost Kc52m to Kc64m, according to the company’s annual report. The company is ...
Hate, South Moravia, July 24 (CTK) – Freeport Fashion Outlet in Hate generated sales worth Kc1.8bn in 2017, which is was 10 percent more year on year, the centre’s head Jan Prochazka told CTK today. The sales grew for the eight year in a row. For the first time ever, more than 2 ...
Zlin, South Moravia, July 23 (CTK) – TAJMAC-ZPS, producer of machining centres and multispindle automatic lathes, saw its sales grow by Kc5.6m to Kc1.464bn in the financial year ending in September 2017, its profit going down to Kc98.8m from Kc108m annually, said the annual report on the website www.justice.cz. The company lacked the capacity ...
Napajedla, South Moravia, July 23 (CTK) – Fatra, one of the biggest Czech plastic processors, raised sales from Kc3.7bn in 2016 to Kc3.8bn last year, while its after-tax profit fell by Kc70m year-on-year to Kc227m, according to the company’s annual report. “The annual drop in profit was caused mainly by an increase in prices ...
Pardubice, East Bohemia, July 20 (CTK) – Explosia explosives producer upped after-tax profit by almost Kc36m (73 percent) to Kc83.9m last year and sales from own products and services rose by 16 percent to Kc1.05bn, a record in the company’s new-time history, CEO Josef Tichy told CTK. The profit was significantly influenced by some ...
