Ostrava, North Moravia, May 18 (CTK) – A record amount of Kc361.18m – Kc16.20 per share before tax – will be distributed among shareholders of Kofola drinks group in dividends under a proposal of the board of directors approved by the general meeting today, Kofola spokeswoman Jaroslava Musilova told CTK. The entire profit for […]
Prague, May 17 (CTK) – Chinese group CEFC China Energy has failed to pay its debts to J&T Private Investments (JTPI) in time, so J&T has taken over shareholder rights in CEFC Europe, dismissing its board and appointing a crisis management, JTPI spokesman Petr Malek told cTK today. CEFC China Energy owes EUR450m (Kc11.5bn) […]
Prague, May 16 (CTK) – Lottery company Fortuna Entertainment Group saw its net profit rise by 923.6 percent to EUR14m (about Kc358m) in the first quarter of this year, according to preliminary unaudited consolidated results made available to CTK by Fortuna today. Fortuna’s operating profit grew almost seven times, and the amounts staked increased […]
Mlada Boleslav, Central Bohemia, May 15 (CTK) – Skoda Auto increased its worldwide deliveries annually by 10.1 percent to 107,100 vehicles in April, reporting the best April in its history, while sales in the Czech Republic dropped by 2 percent to 8,500 cars, the company said in a press release today. Skoda Octavia was, […]
Prague, May 11 (CTK) – Entrepreneur Karel Komarek’s investment group KKCG submitted a bid for innogy energy company’s Czech assets on Thursday, KKCG spokeswoman Dana Dvorakova told CTK today. Analysts said previously that the price of the deal might reach some Kc100bn. “We are convinced that our offer is attractive, we are offering […]
Prague, May 11 (CTK) – Photon Energy, an international solar power solutions group established in the Czech Republic, made a EUR1.89m (Kc48.2m) net profit in the first quarter of this year after a EUR0.31m (Kc7.9m) loss seen a year earlier, spokeswoman Anastasia Hotar told CTK. Consolidated sales increased by a third year on year […]
Prague, May 9 (CTK) – Chinese state-run conglomerate CITIC Group will pay EU450m (Kc11.5bn) owed by the European subsidiary of CEFC China Energy to Czech bank J&T Banka within days, CEFC Europe deputy chairman Jaroslav Tvrdik said in an interview for the server Seznam Zpravy today. “I consider the crisis (concerning CEFC debts) ended […]
Prague, May 7 (CTK) – Prague bourse wants to introduce roughly 30 foreign companies to the Czech stock exchange, including the owner of Komercni banka, French group Societe Generale, daily E15 said today referring to an anonymous source. The Prague Stock Exchange (BCPP) spokesman Jiri Kovarik did not want to comment on the issue. […]
Prague, May 3 (CTK) – The Bank Board of the Czech National Bank (CNB) left interest rates unchanged today, and the basic rate stayed at 0.75 percent, CNB spokesman Marek Zeman has said. At a press conference after the policy meeting, CNB governor Jiri Rusnok said that six out of seven Bank Board members […]