Prague, June 22 (CTK) – The Czech anti-monopoly office (UOHS) has approved an entry by Chinese state-run CITIC Group into CEFC Group Europe, a well-informed source told CTK but the UOHS spokesman was unable to confirm the information. China’s CEFC owns stakes in several Czech companies such as Pivovary Lobkowicz Group brewery, football club ...
Prague, May 28 (CTK) – CEFC Europe company named new statutory bodies today, Jaroslav Tvrdik is deputy chairman of its board of directors again and Marcela Hrda is also its member, the company’s spokesman Pavel Bednar told CTK. J&T’s crisis management, appointed by J&T group to protect its claims, has thus ended. Rainbow Wisdom ...
Prague, May 25 (CTK) – Czech-Slovak group J&T has received the Kc11.5bn it was owed by CEFC from China’s state-run CITIC Group, and it will start releasing CEFC’s pledges, J&T confirmed the information officially today after 14:00. J&T and CITIC agreed on strategic cooperation and CITIC’s taking over CEFC’s debt to J&T, with Rainbow ...
Prague, May 18 (CTK) – Czech-Slovak group J&T has obtained no information confirming that China’s CITIC Group has paid CEFC Europe’s debt of EUR450m (Kc11.5bn), a source from J&T told CTK today. According to a previous statement from CEFC, the due date was today. On Thursday, J&T said it had dismissed CEFC Europe’s ...
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 15 (CTK) – President Milos Zeman will visit China in autumn again, flying to the Shanghai international fair devoted to exports to China which is scheduled for mid-November. The Presidential Office is only preparing the details of the trip. It wants meetings with representatives of China and Shanghai to be included in ...
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 2 (CTK) – Czech politicians have finally realised that China has been investing in the country with the aim to swap money for power and they are preparing a bill enabling to assess Chinese investment projects and protect Czech know-how, Julie Hrstkova writes in daily Hospodarske noviny (HN) today. Officially opening Czech ...
Prague, April 20 (CTK) – The promised inflow of Chinese investments has not come and China is playing a game which is mostly political and in which the Czech Republic has the role of their Trojan horse in the European Union thanks to President Milos Zeman, Jan Klesla says in daily Lidove noviny (LN) today. ...
Arshiya Jahanpour
Arshiya Jahanpour
