Prague, June 5 (CTK) – PPF investment group of richest Czech Petr Kellner decreased its net profit by Kc9.1bn to Kc16.5bn in 2017, which was caused by one-off factors, and its assets rose annually by 41 percent to Kc975bn, PPF told CTK today. In 2016, PPF’s net profit was Kc25.6bn and over a third ...
Prague, June 5 (CTK) – Energeticky a prumyslovy holding (EPH) energy and industry group of entrepreneur Daniel Kretinsky increased its net profit annually by 9.6 percent to Kc22.5bn in 2017, and its consolidated sales rose by 21.8 percent to Kc153.9bn, according to EPH’s annual report published on its website today. Last year was affected ...
Novy Bydzov, East Bohemia, June 3 (CTK) – Toors CZ, a producer of industrial overhead doors, raised last year’s sales by a fifth to Kc442m, projecting a Kc492m turnover for this year thanks to the production of high speed gates that has just begun, company CFO Dusan Simunek has told CTK. About 75 percent ...
Stare Mesto, South Moravia, June 3 (CTK) – Colorlak, a major paint producer on the Czech market, saw its sales revenues grow by nearly Kc12m to Kc709m last year, but its profit decreased by some Kc13m yr/yr to Kc7.8m, the company said in its annual report. Raw material price fluctuations up to tens of ...
Ostrava, North Moravia, June 1 (CTK) – Trinecke zelezarny (TZ) steelworks submitted a bid for ArcelorMittal Ostrava (AMO) which ArcelorMittal group wants to sell by the end of 2018, TZ spokeswoman Petra Mackova Juraskova told CTK today. The group wants to buy Italy’s Ilva and AMO’s sale is part of the compensation deal. Other ...
Prague, June 1 (CTK) – The impact of US customs duties on steel and aluminium on Czech trade will be worth almost Kc2bn, that is 2.4 percent of total Czech exports to the USA, Raiffeisenbank analyst Jakub Cervenka told CTK today. The impact will be marginal for the Czech economy, Radim Dohnal, an analyst ...
Prague, June 1 (CTK) – The Czech economy grew annually by 4.4 percent in the first quarter of this year, rising by 5.5 percent in the previous quarter, with gross domestic product (GDP) increasing by 0.4 percent in quarterly comparison, according to revised data the Czech Statistical Office (CSU) released today. The CSU’s preliminary ...
Ostrava, North Moravia, June 1 (CTK) – Domestic steel makers will feel the impact of the US customs duties on steel and aluminium in several months, most likely only next year because US buyers will first have to find a replacement for the supplies from Europe, according to stances of steel makers for CTK. “In ...
Prague, May 31 (CTK) – Czech News Center (CNC), the publisher of tabloid daily newspaper Blesk or weekly Reflex, saw its 2017 profit grow by Kc108m to Kc127m on revenues of Kc1.948bn, up by 3.5 percent annually, CNC said in its annual report. Growing online advertising income and a cut in the VAT rate ...
