The state's stake in Vitkovice Steel is being sold to the Russian company, Evraz, the government announced on Wednesday. Evraz has agreed to pay over seven billion crowns for the steelmaking giant; it will also invest 2.5 billion in the company, and put 800 million into developing the north Moravian region.
Karel Gott to get funeral with state honours as singer’s death is mourned at home and abroad
Beijing ends agreement with Prague – but can spat harm Czech capital?
Czech pop music legend Karel Gott dies at the age of 80
Karel Gott’s Mona Lisa to be put up for auction
Czechs observe day of mourning for pop idol Karel Gott