What you (didn’t) miss: Průša wants to change Palmovka, small O2 shareholders are going against PPF, Primark is getting stronger …

The Hartenberg investment group from the trust fund of the ending Prime Minister Andrej Babiš is expanding its activities in the field of real estate construction. For higher hundreds of millions, it will acquire half of the projects in the Slovak developer Corwin, which, in addition to the domestic market, also operates in Slovenia. Corwin’s … Read more

What you (didn’t) miss: PPF is expanding, fears are growing on Wall Street, companies are calculating wage growth.

Following the recent accusation of investor Ondřej Janata of a billion-dollar fraud on retail investors, another suspicious investment offer appeared on the Czech financial market. The television station Šlágr, which is trying to sell dubious securities, came out with her. These are shares of Riocath FNDB, which are offered both through the company’s website and … Read more

We saved the Czech Nightingale, to exclude Ortel would be discrimination, says Janeček

The New Czech Nightingale is an aid to a culture that had to be closed. Voting according to the D21 system is unifying. Eliminating the band Ortel would be discrimination, says Karel Janeček, businessman and president of the renewed poll Český slavík 21. I am sorry for Klus’s non-participation. 16:23 – – The New Czech … Read more

Police are questioning the president’s neighborhood. Examines suspected non-assistance – ČT24 – Czech Television

“I can confirm that I have given an explanation and answered all the questions asked to the police authority,” Kruliš wrote to ČTK. Neither the police nor the prosecutor’s office commented on the case. “Criminal proceedings are not public at this stage, so I will not provide further information at the moment,” Lukáš Hossinger, district … Read more

The epidemic will probably continue to accelerate for at least two to three weeks, statistics predictions show – ČT24 – Czech Television

Due to the advancing epidemic, hygiene stations are also getting into trouble again. In the Karlovy Vary region, eight local firefighters will be involved in the tracing. Hygienists expect an increase in new infections. From next week, over forty firefighters will also help hygienists in Prague. Vaccination or illness as a ticket? The government will … Read more

A new threat to the automotive industry. Magnesium imported from China is running low – ČT24 – Czech Television

“Current German magnesium reserves are expected to run out in a few weeks, by the end of November 2021 at the latest,” said a statement from the German non-ferrous metal traders’ association WV Metalle, quoted by the Financial Times. The problem can affect the whole of Europe. The raw material is crucial in the production … Read more

Zeman is so ill that he cannot control the post-election process. Parliament will have the main say

The medical report that President Miloš Zeman is unable to perform any work duties due to health reasons changes the post-election situation in the Czech Republic. Given his status, it is very likely that Zeman will lose some important powers, including the appointment of a new prime minister. The next Prime Minister should be appointed … Read more

Everything is different: Vojtěch ends up as a minister, Babiš offers his opposition his place

– Prime Minister Andrej Babiš (YES) has joined the TOP 09 MP Vlastimil Válka (TOGETHER). He called on him to take over the ministry from Adam Vojtěch (for YES) from 1 November. He allegedly agreed with him that he would really end on November 1, although he had previously talked about Vojtěch staying with the … Read more

EET will probably end, Škoda is in crisis, there will be no gigafactory in the Czech Republic

The electricity and gas supplier Bohemia Energy will cease to exist. The company decided to voluntarily close down to prevent the impending bankruptcy. The company got into financial problems due to rising energy prices, which have become several times more expensive on the stock exchange since the beginning of the year. None of the customers … Read more

The European Commission has proposed measures against rising energy prices, will consider a joint purchase of gas – ČT24 – Czech Television

The Commission also mentioned some longer-term steps, including the possible joint purchase of gas or the expansion of storage capacity. However, other fundamental demands of states, such as the reform of the electricity market or the regulation of emission allowance prices, have not been heard by the EU executive. The several-year-on-year rise in gas and … Read more