Škoda Auto can lay off up to 10,000 employees within ten years

The adoption of this emission standard would in practice mean that Škoda Auto would have to stop producing 1.0 TSI engines, which would probably happen after 2026 if strict regulation was approved. As the European Commission pushes to reduce CO2 emissions in new cars, the share of conventional cars produced in European car plants will … Read more

The pandemic knocked down Catholic stock market gains. A quarter of a billion of the stock is a thing of the past

“Developments in the stock markets in 2020 were very turbulent. After the initial pandemic losses, the markets gradually recovered rapidly with unprecedented support from governments and central banks, ”states the annual report of the fund managed by ČSOB published in the autumn. Last year, bonds proved to be an anchor of stability for church money. … Read more

A strong stock is disappearing from the Prague Stock Exchange. PPF withdraws O2 shares, the central bank confirmed the price

PPF Telco Group, which is the main shareholder of O2 Czech Republic with more than 90 percent, received the CNB’s approval to crowd out minority shareholders. The redemption price of their shares will be 270 crowns per share. The buyout through PPF banka should be completed by the middle of next year. PPF stated this … Read more

Czechia – Slovakia 24:23, Drama about everything and Czech euphoria. The national team dealt with the Slovaks at the World Cup

Llíria (from our newsletter) – The Czech team advanced from the third place of the four-member group. In the first two matches at the Bašný trust, the trustees lost to the favored Germans and Hungarians. – In the next phase of the tournament, which consists of four six-member groups, the Czechs will play with Denmark, … Read more

Czechia – Norway 7: 3, Relax win. The floorball players have confirmed the role of the favorite and are advancing from second place

Although the Norwegians had a better balance with eight wins and six draws from the previous 21 mutual matches, they lost to the Czech Republic four times in a row before the start of today’s duel. The last time they rejoiced was on December 7, 2012, after winning 5: 4 after separate raids in a … Read more

Let’s push the AC leadership, urges Ibrahimovic. Although he wakes up in pain every morning

Striker Zlatan Ibrahimovic intends to play football for as long as he can. The 40-year-old Swedish national team member admitted that he was a little afraid of the end of his career. At the same time, he hopes to finish it in the current AC Milan site, with which he wants to win the Italian … Read more

Unregulated bonds. The Czechs burned hundreds of millions in sub-limit corporate bonds

Midea’s story is just one of a series. In 2019, it issued and sold corporate bonds for 25 million crowns, ie close to the volume of the sub-limit issue, which counts to one million euros. The offer of eight percent bond appreciation attracted 133 investors. However, the company operating the online toy store Bejbynet.cz had … Read more

Etzler sent a new message from the hospital. He talks about how a big dream came true

– Actor on the popular TV series Nova Miroslav Etzler is still fighting in the hospital with covid-19. On Sunday, he sent a new message to fans on social networks, stating that one of his big dreams had come true. Despite the fact that he still lies in the ICU and cannot do without an … Read more

Ledecké didn’t work out for the second time either. In the downhill in Lake Louise, she finished in the top ten

Skier Ester Ledecké did not win the second World Cup in Lake Louise. After twelfth place in Friday’s race, she lost off today and finished 22nd. Italian Sovereign Sofia Goggia won again. In a small snowfall and with poorer visibility, Ledecká made a small mistake after the start. The bigger problem came in the diverted … Read more

Czechia – Finland 4: 5, Drama with a winning end for Finland, floorball players are waiting for the bronze medal match

The Czechs led 2: 1 and 3: 2 in the replay of the duel for 3rd place from the last World Championships in Switzerland, but in the end Oona Kauppi decided with her second goal in the match in 48:10. Her sister Veera scored four points for two goals and the same number of assists. … Read more