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Current AffairsCar manufacturers in Czech Republic to roll out new mid-priced vehicles in 2012
Despite gloomy news and grim forecasts almost all around these days one
sector of the economy - namely the automotive industry – is in top gear.
In 2011, two out of three manufacturers – Hyundai and Škoda Auto exceeded
previous expectations, and while TPCA suffered a drop in production, all
three together produced a record 1,186,000 vehicles. And they are gearing
up for an equally good year in 2012, reading to launch mid-priced new or
revamped models aimed at both the domestic market and markets abroad. More
SpotlightKolín - more than just a railway junction
Surrounded by railway sidings and industrial estates, it's easy to get the
impression that Kolín is simply a town travellers pass through on the way
from the Czech capital to the nearby tourist-friendly Kutná Hora.
Nevertheless, anyone who gets off the train in Kolín and takes the trouble
to walk the short distance past the factories and business parks to the
city centre will find that it is a place worth visiting. More
Business NewsBusiness News
In this week’s Business News: business confidence slips in March; Prague
airport advances hub ambitions; eBay seeks to sell in Czech; car makers on
same results track; and exchange plans represent gain for Czech capital.
More
Business NewsBusiness News
In this week’s Business News: fewer workers in the population; equipment
producer lands prestigious helicopter contract; TPCA plant in car recall;
performance related pay sought for top state bosses; and Czech-owned
brewery bucks downward sales.
More
PanoramaBehind the scenes at one of the country’s biggest car factory
Car making has been one of the motors of the Czech Republic’s economic
boom of recent years, and for this edition of Panorama I’ve come to one
of the centres of the country’s motor industry. The central Bohemian
town
of Kolín – around 50 kilometres from Prague – is home to one of
country’s biggest and most modern car factories. The Toyota, Peugeot and
Citroen automobiles plant – commonly referred to as TPCA – produces an
incredible 1100 cars every day. It’s spokesman – and our guide today
– is Radek Kňava. More
SpotlightKolin - more than just a railway junction
Surrounded by railway sidings and industrial estates, it's easy to get the
impression that Kolin is simply a town travellers pass through on the way
from the Czech capital to the nearby tourist-friendly Kutna Hora.
Nevertheless, anyone who gets off the train in Kolin and takes the trouble
to walk the short distance past the factories and business parks to the
city centre will find that it is a place worth visiting.
More
Business NewsBusiness News
In Business News: the number of applicants per job stands at 5.2, the
lowest figure for eight years; the country's biggest steelworks is to let
1,000 workers go, with more redundancies likely to follow; domestic
car-production was up a phenomenal 85 percent year-on-year in the first
quarter of 2006; the average size of apartments which received planning
permission in May was a full 25 percent bigger than the year before; and
Czech bookmakers report June was their best month ever, thanks to the
World Cup.
More
Business NewsBusiness Briefs
The Toyota-Peugeut-Citroen automobile plant (TPCA) in Kolin, east Bohemia,
is in line to produce 300,000 cars per year; Russian President Vladimir
Putin has indicated some of Russia's oil profits could be reinvested in
the Czech Republic in areas of science and culture; Cesky telekom will
merge with subsidiary Eurotel to form Telefonica O2.
More
Business NewsBusiness briefs
Social Democrat MP Kraus accused of corruption, gives up influential posts;
Civic Democrat MP Dolezal resigns from Parliament over corruption charges;
Record number of cars produced last year; CzechInvest helped secure a
'record' 154 investment projects in 2005; Czech currency reaches all-time
high against the euro; Record number of self-employed foreigners noted in
2005; Unient Communications set to become first 'virtual' mobile operator
More
Current AffairsMarket caught by surprise as foreign trade surplus hits record high for June
The Czech Republic posted a foreign trade deficit of 7.8 billion crowns in
the first of half of 2004. One year on, economic data released on Monday
has shown a dramatic turnaround, with this country now boasting a foreign
trade surplus of 38 billion crowns in the first six months of this year.
The markets were expecting good news, but the record high figure for the
month of June caught analysts by surprise. Brian Kenety has more. More
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