According to Forbes, the German retail chain with women’s fashion Orsay, which has been operating on the Czech and Slovak markets for almost 25 years, is negotiating the sale of its activities in both countries. For almost a quarter of a century, the fast fashion brand Orsay has a total of ninety stores on the … Read more
We unlock >>> Real estate agents across the Czech Republic report: it is cooling down. While there are queues for tours of apartments for rent, the number of people interested in buying rarely reaches double digits. However, apartment prices are not falling significantly yet, there are still few of them on offer. However, real estate … Read more
What we know about omicron The new variant first appeared in South Africa. Its occurrence in several European countries, including the Czech Republic, has now been confirmed. The first case omicronu appeared in the Czech Republic at the end of November 2021. This 60-year-old coronavirus mutation infected a 60-year-old woman from Liberec, probably in Namibia, … Read more
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
“Supporting the export of the new aircraft is a continuation of almost thirty years of cooperation, during which the Czech aviation industry with EGAP insurance delivered its machines, spare parts and services to a number of countries on several continents,” said Jan Procházka, head of the company’s board of directors. He added that the L-39NG … Read more
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
Authorities in the European Union, the United Kingdom, the United States and China fear that the merger of ARM and Nvidia will create a dominant semiconductor player. Nvidia has long dominated the graphics chip and PC market. Thanks to the growth of fields such as artificial intelligence, it is also gaining a position in servers, … Read more
Favorable developments on world stock exchanges could continue in the coming weeks and months and carry over to next year. That’s what analysts approached by the E15 daily believe. Many major indices that measure stock prices have strengthened considerably this year and are reaching records. For example, shares of Chinese companies, domestic banks or securities … Read more
After last year’s economic downturn caused by the coronavirus pandemic, this year domestic banks are experiencing a solid year. Thanks to strong client demand for loans, especially mortgages, as well as lower risk costs, their total profit after tax increased by 30 percent year on year. The positive development was also confirmed by Česká spořitelna’s … Read more
According to traders, problems with the supply of some products have persisted since last year, and the chances that the situation will improve by Christmas are very low. “This can apply to virtually all consumer goods imported from China and Southeast Asia, whether it is an artificial Christmas tree, a bicycle or a computer,” points … Read more