Category archives for: Business

Kellner’s EPH Could Use SPP to Penetrate Czech Gas Market


Speculations about a takeover of Slovak gas utility SPP by the holding EPH continue, and it looks like the potential investors want to use the company as a channel for the Czech market. Here The Daily provides a translation of part of an article in Slovak daily Hospodarske Noviny on the subject. By Petra Jamrichova […]

Hungary To Plug Into CR and SR Power Markets

photo (c) Bidgee

The talks between Hungarian PM Viktor Orban and Slovak PM Iveta Radicova at the end of January dealt also with the possibility of connecting up the electricity grids of both countries, and now the practical aspects are starting to take shape. Today the electricity transmission operators, involved companies and national regulators of all three countries […]

CME to takeover Bontonfilm in Czech and Slovak republics


Central European Media Enterprises Ltd.(“CME”) (NASDAQ and Prague Stock Exchange: CETV) today announced that its wholly-owned subsidiary CME Media Pro B.V. has entered into a purchase agreement with an affiliate of Bancroft Private Equity, LLP (“Bancroft”), to acquire 100% of the shares of Bontonfilm a.s. (“Bontonfilm”) from Bancroft and minority shareholders.  Bontonfilm is a film, […]

Tesco gets green light to buy Zabka and Koruna oulets


The Czech anti-trust office UOHS gave the thumbs up today to the bid of Tesco to acquire around 130 retail outlets of the Czech convenience stores Zabka and Koruna from Penta Investments. Tesco made its bid in December 2010, offering around CZK 1 billion, and now has clearance to finalise the transaction. The anti-trust office […]

Prague region among the richest in Europe


The latest figures from the EU published yesterday put the Prague region and the Bratislava region among the richest areas in the EU, even though in general there are still large east-west differences. The GDP per capita in Prague is around EUR 43,200 in terms of purchasing power, while in Bratislava it works out as […]

Hackers shut down emissions trading system


Following a cyber attack on 19 January, the records of tradable CO2 emission allowances for all EU countries were suspended. Hackers penetrated the systems of the Czech Republic, Austria, Greece, Estonia and Poland to steal credit worth over EUR 30 million….. Our Business section will make sure you keep in touch with the latest opportunities […]

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