Prague, Feb 11 (CTK) – Czech building societies granted Kc5.3bn worth of loans in January, up 11 percent year on year, and the number of new contracts jumped up by 38 percent to some 42,500, according to data from all five building societies active on the Czech market. In the whole of last year, […]
Prague, Feb 8 (CTK) – A record amount of 20 million tourists stayed at Czech accommodation facilities last year, which was 9.1 percent more in annual terms, the Czech Statistical Office (CSU) said today. The number of foreigners was 9.2 percent higher at 10.2 million and the number of Czechs guests rose by 9 […]
Pavol Krúpa has been barred from managing the Arca Capital CEE investment fund belonging to the group he founded 15 years ago. He is missing permission from the Czech National Bank, which accuses the financier of concealing information and other administrative offenses. According to the central bank, Krupa is untrustworthy. The Slovak billionaire disagrees […]
Prague, Feb 7 (CTK) – Czech exporters are increasingly more interested in riskier countries such as Laos and Cuba, according to data of state-run Export Guarantee and Insurance Company (EGAP). Last year, EGAP insured almost Kc8bn worth of exports of goods and services and investment to the riskiest countries, up from Kc6.3bn annually. […]
Prague, Feb 5 (CTK) – The Prague Stock Exchange (BCPP) fell today, following European markets, and its PX index lost 0.6 percent to 1,122.3 points, with Stock Spirits liquor maker and VIG insurer dropping over 1 percent each, according to the bourse website. VIG with a 1.47 percent loss to Kc702 did the worst. […]
Prague, Feb 5 (CTK) – Czech export reached a record amount last year, growing by 5.7 percent annually to Kc4,200bn in the cross-border concept, the Czech Statistical Office (CSU) said today. Export to China was a fifth higher and export to Germany grew by 7.3 percent. The share of Czech export to the […]
Prague, Feb 4 (CTK) – Czech small and mid-sized exporters have been successful in finding new markets in the past few years, data from the Czech Export Bank (CEB) have shown. In 2013, Russia was a major destination, accounting for nearly 40 percent of Czech export that was supported by the bank. In 2017, […]
Prague, Feb 4 (CTK) – The area of vacant warehouses and production halls on the Czech market reached 286,900 square metres at end-2017, accounting for 4.1 percent of the total figure and displaying an annual drop of 0.6 percentage points, according to data of Industrial Research Forum (IRF). Prague’s vacancy rate stayed at 3.5 […]
Prague, Feb 3 (CTK) – The Czech Imoba company has returned the subsidies the Capi hnizdo (Stork Nest) farm, a part of Imoba, received from the state for animal breeding in recent years, Imoba spokesman Karel Hanzelka has told CTK in reaction to a newspaper article challenging the subsidy drawing as unrightful. On Friday, […]