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BusinessCzech government outlines three options for future nuclear development

20-01-2015 17:10 | Jan Velinger

Photo: Tomáš Adamec The Czech Ministry of Industry and Trade, after consultation with the Finance Ministry, has recommended that state-controlled power company ČEZ take the lead in building new nuclear plants in the country. The ministry outlined three options for future nuclear development in its proposed action plan which was finalized on January 16.  More

NewsNew nuclear plants seen constructed by ČEZ or consortium

19-01-2015 17:36 | Chris Johnstone

The Ministry of Industry and Trade has released a proposed programme for the future development of nuclear power which favours either state-controlled power company ČEZ or a consortium of companies building new nuclear plants. A third option, under which a new state company would be created and tasked with construction and operation, is described as very much a last choice. The development programme, which must be approved by the government, counts on at least two new nuclear reactors being constructed at the existing Temelín and Dukovany sites with a possible extra plant at either location. 

NewsŠkoda Fabia wins UK’s Car of the Year 2015 award

08-01-2015 16:21 | Ruth Fraňková

Škoda Fabia has won the UK’s prestigious motoring magazine What Car award for Car of the Year 2015. The third-generation model was praised mainly for its turbocharged 1.2 litre petrol engine. The Škoda Fabia, which has also won the Small Car category, took the top prize exactly 15 years after its first win in the year 2000. The Škoda Octavia, the mid-range model produced by the Czech-based carmaker Škoda Auto, came first in the Best Family Car category. 

Current AffairsŠkoda Auto confirms pole position in 2014 for local car sales

07-01-2015 13:34 | Chris Johnstone

Photo: Škoda Auto Czech car sales represent a small slice of the overall market for the country’s three local manufacturers. But safeguarding local market share is still a matter of pride and profit for the companies. And the battle for an expanding market last year was especially intense.  More

NewsPower producer ČEZ to apply for new licence for 1st of 4 units at Dukovany nuclear power plant

07-01-2015 12:11 | Jan Velinger

The power producer ČEZ this year will apply for a new ten-year licence for the operation of the first unit at the Dukovany nuclear power plant. The current licence is valid only until the end of 2015. The utility will have to gain the licences for the further operation of the remaining three units in the years 2016 and 2017. Dukovany provides one-fifth of domestic electricity consumption. In the application for the licence, the power plant has to prove to the State Nuclear Safety Authority (SUJB) that it complies with the tougher safety requirements set after the disaster in nuclear power plant Fukushima, Japan, the new head of the Dukovany plant, Miloš Štepanovský, told the Czech News Agency. 

NewsRecord 1.2 million cars produced in Czech Republic last year

07-01-2015 08:49 | Ian Willoughby

Over 1.2 million cars were produced in the Czech Republic last year, which is a record. That represents a jump of at least 6 percent on the figure for 2013. The preliminary figures were announced by the director of the Automotive Industry Association, Antonín Šípek. Previously 2011 was the record year for production in the Czech Republic, with 1.195 million cars. The largest producer Škoda Auto accounted for 59 percent of last year’s output. Hyundai accounted for a quarter of production while the rest came from TPCA. 

NewsMunicipalities close to Temelín call for expansion of nuclear power plant

18-12-2014 18:22 | Ruth Fraňková

Mayors of municipalities in the close vicinity of the Temelín nuclear power plant have called on the Czech government to carry on with the plant’s expansion. In an open letter addressed to the government, the mayors argue that significant funds have already been spent in anticipation of the project. Plans to expand the Temelín plant were put on hold in April after the Czech government refused to provide state guarantees for the price of electricity generated by the new units. The government is set to decide on the future of the project by the end of the year. 

BusinessŠkoda Auto produces millionth car this year

10-12-2014 15:50 | Jan Velinger

Photo: CTK Mlada Boleslav-based carmaker Skoda Auto has, for the first time in the company’s history, produced a million cars in one year. In a press release the German-owned manufacturer said the millionth vehicle was a white Škoda Fabia.  More

NewsŠkoda produces millionth car this year

10-12-2014 13:53 | Jan Richter

The carmaker Škoda Auto on Wednesday produced its millionth vehicle this year, a white Škoda Fabia, the company said in a statement. It is the first time the German-owned manufacturer produced a million cars in one year. Škoda CEO Winfried Vahland said the company’s strong output was due to the fact the firm now offered the widest choice of models in its history. Over the first nine months of the year, Škoda’s revenues grew by nearly 20 percent to 8.8 billion euro. By 2018, the carmaker plans to increase production to 1.5 million vehicles annually. 

NewsCzech car production set to reach record growth of nearly 12 percent

18-11-2014 15:30 | Ruth Fraňková

Car production in the Czech Republic is likely to reach a record 1.2 million in 2014, according to the head of the country’s Automotive Industry Association Antonín Šípek. The production of cars over the past ten months has grown by nearly 12 percent compared to the same period last year, to 1.047 million. The country’s biggest car maker Škoda Auto increased its production by 5 percent to more than 600,000 cars. The current record for car production is 1.195 million, registered in 2011. 

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