Archive: Business | Transport Transport
Business News
Cesky Telecom general meeting clears merger with mobile unit Eurotel.Czech
Airlines boosts passengers by 4.3 percent in first quarter. Smart Wings to
start regular flights from Budapest. PM to fly to South Korea to seal
Hyundai plant deal. MPs vote for sales tax cut on selected foodstuffs.
Steyr carrier-producer signs contracts with main suppliers. Lower house
again passes cinematography fund bill More
Business News
In this week's Business News: analysts say the PM's prediction of up to 8
percent GDP growth in the first quarter is realistic; consumers spending
was up 8 percent in February; a Czech company is to launch the country's
first private express train; over five billion crowns remains in anonymous
bank book accounts at Ceska Sporitelna; the two sides in the Budweiser name
dispute come to a settlement for the first time; the number of 50-crown
coins in circulation has risen sharply; and Barrandov is building the
biggest sound-proof film studio in Europe.
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Business News
The wave of positive macroeconomic indicators about the Czech economy keep
pouring in this week. A major natural gas company has announced plans to
enter the Czech market. Skoda Auto continues to be riding high and Czech
airlines has a new partner.
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Business News
This week in business, the rankings of the Top 100 firms in the Czech
Republic see little change, while motorists can expect big changes thanks
to new legislation on lorries. Construction has slowed in the Czech
Republic, but is this a systemic problem and is Google planning to open an
office in Prague.
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Business News
Hyundai contract to be signed soon. Energy company CEZ earns record profits. Czech airlines reports substantial losses. CSOB bank sees healthy economic results for 2005. Prague Stock Exchange deploys single index: PX. Distrainers on the rise. Distrainers on the rise. Skoda considering producing five-door Superb.
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Business News
New social benefits to parents of young children. National debt increases by 100 billion crowns last year.Kapsch confirmed as company to build electronic toll system. Aero Vodochody sale postponed.
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Business briefs
Controversial businessman Frantisek Mrazek shot dead; Czech Republic
protests Austria proposal on VAT levels; Czech Railways to seek some
$700,000 from maker of Pendelino; Talks with South Korean carmaker Hyundai
centre on domestic-parts guarantee, infrastructure; Deputies have approved
a tougher conflict-of-interest bill; Cinema association says box-office
sales fell 22 percent in 2005; Czech crown reaches another record high
against the Euro
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Business briefs
Bosnia-Herzegovina has chosen the Czech power utility CEZ for a $1.8bn
joint venture; Skoda Export to develop multi-billion dollar India port
complex; Record $2.8bn worth of mortgages signed in 2005; Cabinet approves
'renovation' loan subsidy for young couples; Leftover National Property
Fund (FNM) money could go to build retirement homes; Czech Rep. may seek
compensation over failed Pendolino high-speed trains; State-insurer VZP to
cut chronic reimbursement delays by 'two weeks'
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Business News
In this week's business news; two mobile operators to provide TV reception
from next year; the OECD says of all its members the Czech Republic relies
the most on social insurance to fill the state coffers; Czech Airlines
records a 22 percent rise in passengers, while Prague airport also sees an
increase in numbers; and real estate prices are either stagnating or
falling in the Czech Republic.
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Business briefs
Czech Republic records highest ever budget surplus; Czech farmers opposed
to selling their land to make way for Hyundai car plant; Czech Airlines
lost 464 million crowns in first half of 2005; Norway's Telenor to exit
the Czech and Slovak markets; OMV purchase of Aral filling stations
confirmed; Half of Czech corporate R&D financed by foreign
companies-UNCTAD; Imports of foreign wine up 28 pct y/y - local industry
in 'crisis'
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