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.
Ten people were injured, one seriously, when a locomotive ploughed into a passenger train in the eastern part of the Czech Republic on Wednesday morning. Paradoxically the locomotive was on its way to help the passenger train which had got stuck between the towns of Zator and Milotice, where the rails had become clogged with dead leaves. In heavy fog, and possibly due to the state of the tracks the locomotive failed to brake in time and collided head on with the passenger train. The cause of the accident is being investigated.
A 31-year-old driver who killed three police officers in a hit-and-run two years ago, has been released on parole, shortening by half his four year sentence. The driver was released on grounds of good behaviour and the fact he had no previous criminal sentence. He will be on probation for the next seven years.
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'
A billboard campaign has been launched to warn drivers to approach railway crossings with caution. There will also be warnings published in Czech newspapers. The campaign will be financed till the end of the year by Czech Railways, and a sponsor is being sought for it to continue next year. In 2004 there were no less than 600 hundred accidents on railway crossings, nearly a quarter of which do not have barriers. The Transport Minister, Milan Simonovsky, pointed out that, ironically, most accidents are on crossings where visibility is good.
Forty-four people were injured in a coach accident on the D1 motorway in the direction of the Moravian capital Brno on Thursday morning. Czech police say the coach with tourists from Germany slammed into the back end of a truck. Three helicopters and nineteen ambulances rushed to the scene of the accident. Seven people, including the coach driver, are in critical condition.
In business news, the national carrier Czech Airlines (CSA) sustained a loss of 464 million crowns in the first half of this year, not the planned profit of 177 million crowns, Czech public television reported. The results were based on documents discussed by the carrier's supervisory board, as Czech Airlines has not published the results. CEO Jaroslav Tvrdik blamed jumps in the price of fuel for the losses.
A freight train driver died on Friday shortly before midnight when he crashed into parked train outside the Zelenice na Mostecku railway station near the town of Most, in northern Bohemia. Thirteen carriages and one engine derailed in the crash and local rail traffic was suspended on Saturday. The driver, who worked for the private company Unipetrol Doprava, failed to notice a stop signal, a Czech Railways spokesman said.
Archaeologists find unique grave of Roman era warlord in Uherský Brod
Czech Ambassador to Ethiopia Pavel Mikeš: ‘If you wait long enough, an egg will walk on two legs’
New debate erupts over use of -ová suffix in Czech female surnames
Divided by Freedom – Large-scale Czech Radio survey finds six social classes in Czech society
Josef Becher – the man behind Czech Republic’s iconic liqueur