The government is preparing a criminal complaint on suspicion of fraud due to the termination of the activities of the Bohemia Energy energy group. Prime Minister Andrej Babiš said yesterday in his regular program on social networks. According to him, Deputy Prime Minister and Minister of Industry and Trade Karel Havlíček (ANO) will sign the criminal complaint ...
Moneta Money Bank’s net profit for the three quarters of this year rose by 51.2 percent year on year to 2.897 billion crowns. The bank’s operating income adjusted for one-off effects increased by 2.9 percent to approximately CZK 8.2 billion. For the entire year, the bank expects a net profit of at least 3.6 billion crowns. Moneta Money ...
The Czech economy grew by 2.8 percent year on year in Q3. Compared to the previous quarter, gross domestic product (GDP) increased by 1.4 percent. This resulted from the first estimate of the Czech Statistical Office (CSO), which published it on its website today . Only domestic demand contributed to GDP growth. According to the director of the CZSO’s national ...
According to the British media, the Czech billionaire Daniel Křetínský is close to buying 27 percent of shares in the English team from the Premiere League West Ham United FC. The information was reported by the British website Daily Mail. According to the reports the entire purchase should cost 700 million pounds, approximately 21.2 billion crowns. The Daily Mail ...
In the third quarter, the German car group Volkswagen’s operating profit fell by 18.5 percent year on year to 2.6 billion euros (approximately 67 billion CZK). The company’s financial results were hit by a global shortage of chips, which led to production downtime. The company announced it today. At the same time, it worsened the estimate of year-round ...
In the third quarter of this year, the petrochemical holding company Orlen Unipetrol increased its revenues by 36 percent year-on-year to 35.8 billion crowns. The company’s performance also improved, the company recorded a gross operating result of 2.4 billion crowns against an operating loss of 0.6 billion crowns in the same period last year. This follows from ...
In the period from January to September, Škoda Auto almost doubled its operating profit to 900 million euros (approximately 23 billion CZK) from 469 million euros a year ago. The favorable development of exchange rates and margins contributed to the growth in operating profit. The parent company Volkswagen announced this in its results report today. In the ...
Four people were indicted due to investment fraud with damages of about 2.4 billion crowns associated with the company JO Investment. According to the indictment, at least 3900 clients were deceived. The High Public Prosecutor’s Office in Prague has announced on its website . According to the plaintiffs, all four defendants committed money laundering, and three of them committed fraud. According to earlier ...
During the winter flight schedule, which will take effect on Sunday, passengers will be able to fly from Prague Airport to 92 destinations. For example, there will be new routes to Tel Aviv, Naples, Odessa, Kiev, Dubai and Amsterdam. A total of 47 airlines, including Eurowings, will fly from Prague during the winter, opening their new base ...
