Prague, April 24 (CTK) – Confidence in Czech economy grew by 0.4 point to 100.1 points in April after March’s drop and was the highest since May 2008, business confidence increased, in particular in industry, while consumer confidence fell, the Czech Statistical Office (CSU) said today. Compared with April 2017, the composite confidence indicator, […]
Ostrava, North Moravia, April 24 (CTK) – OKD company mines some 6 million tonnes of coal annually in the Karvina area but the amount will gradually decrease to 4 million and then to 2 million tonnes, OKD supervisory board chairman Michal Kuca said today. Kuca spoke at the start of a visit of Prime […]
Paris, April 19 (CTK) – A Czech billionaire unknown in France who figured in the Panama Papers scandal is buying French magazines including Elle that belong to Lagardere Group, French newspapers said today referring to Daniel Kretinsky. They mention links some Czech print media have with another Czech billionaire – Prime Minister in resignation […]
Prague, April 19 (CTK) – Czech Media Invest (CMI), a company co-owned and led by billionaire Daniel Kretinsky, has submitted a bid for a 91 percent stake in French weekly Marianne, Daniel Castvaj, a CMI board member, told CTK today, thus confirming the information of the French side. The deal may be signed within […]
Prague, April 18 (CTK) – Czech Media Invest (CMI), a company whose co-owner and head is billionaire Daniel Kretinsky, is talking with Lagardere Group about buying France’s magazines including Elle, and the transaction is expected to be concluded in the coming weeks, CMI board member Daniel Castvaj told CTK today. The deal concerns also […]
Prague, April 17 (CTK) – Czech Media Invest (CMI), which is co-owned by billionaire Daniel Kretinsky, is buying Lagardere company’s radio stations in the Czech Republic, Slovakia, Poland and Romania for EUR73m (about Kc1.8bn), CMI board member Daniel Castvaj told CTK today. The acquisition includes Czech radio stations Frekvence 1 and Evropa 2, Castvaj […]
Prague, April 17 (CTK) – ArcelorMittal will inform the Czech government of all steps related to the potential sale of the ArcelorMittal Ostrava (AMO) steelworks, Industry and Trade Minister Tomas Huner and AMO CEO Ashok Patil said at a briefing after their meeting today. Huner also announced that a four-member working group with the participation […]
Ostrava, North Moravia, April 16 (CTK) – Vitkovice Heavy Machinery (VHM), a unit of Vitkovice Machinery Group of entrepreneur Jan Svetlik, is resuming full production of its steel plant which has been restricted due to a lack of operating capital since mid-January, Vitkovice spokeswoman Eva Kijonkova told CTK. Some of the company’s 1,000 employees have […]
Prague, April 16 (CTK) – ArcelorMittal Ostrava (AMO) steelworks, which ArcelorMittal multinational steel group plans to sell, should find a new owner without problems, analysts addressed by CTK today said. Thanks to the steelworks’ profitability, the risk that the company, which with subsidiaries has almost 7,000 employees, would be closed is very low, they […]