The Czech Republic does not have a rosy reputation for its past treatment of small or minority shareholders. Many have been treated poorly when ‘squeezed out’ by the majority owners. And the moves by PPF, the majority owner of telecoms giant O2, has raised suspicions they are getting a raw deal again.
Twenty years ago no self-respecting beer drinker in the Czech Republic would be seen dead swigging beer from a can. There was a widespread perception that bottled beer is superior and beer in cans loses its quality, tasting flat and acquiring a metallic tang. That is fast changing and breweries are expanding their packaging capacities to meet growing demand for canned beer.
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Czechs observe day of mourning for pop idol Karel Gott
Thousands pay tribute to deceased national pop icon Karel Gott
In memoriam: Karel Gott, the ‘Bohemian nightingale’