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

California teachers are rebelling against the merger of Moneta and PPF

The merger of Moneta Money Bank and the banking division of the PPF Group has another opponent. It is Monety’s minority shareholder, the California State Teachers’ Retirement System (CalSTRS), a fund of teacher retirement savings in California. He is Moneta’s first shareholder to hear the recommendation of respected overseas shareholder advisors to vote against the … Read more

Mička is facing a criminal complaint. He allegedly committed fraud through the purchase of Kara and Pietro Filipi

“Since the suspect had an economic education, he must have known that his business plan was unrealistic in advance,” Langmeier said in a criminal complaint available to the E15 daily. According to Langmeier’s calculation, the annual yield on Mičková bonds must have been between 11 and 17.5 percent. For the entire period, Miček’s C2H group … Read more

The end of PPF founder Kellner can complicate giant projects

In addition, PPF is considering listing the telecommunications company Cetin. Due to recent transactions, the value of Cetin could according to Bloomberg range over 176 billion crowns. There has also been speculation in the market about the entry of the Mall Group internet group on the stock exchange. The PPF Group has a 40% stake … Read more

Kellner is considering selling its stake in Cetin. The company’s valuation could climb to 176 billion

PPF is examining several options. The group has previously confirmed that it is considering Cetin’s entry on the stock exchange, according to Bloomberg, direct sale to the investor is also at stake. “They are not completely out of these reports,” Vladimír Mlynář, a member of the PPF Board of Directors, responded on Twitter. Time wishes … Read more

Křetínský and Tkáč are increasing their share in the German Metro. They already have over 40 percent

With the expiration of another deadline for acceptance of its voluntary takeover bid, the EPGC accepted proposals to sell 10.6 percent of the common stock and 1.84 percent of Metro’s preferred shares. The EPGC’s share of Metro’s common stock thus rises to about 40.6 percent from 29.9 percent before the takeover bid. Křetínský and Tkáč’s … Read more

Bitcoin is now in a different situation than in 2017, experts say

During 2017, it increased twenty-fold – December’s $ 20,000 for a virtual coin – and then fell sharply by more than fifty percent in less than two months. This is exactly the picture that many Kryptonians remember when watching the current rally, during which the price of the most widespread digital currency has risen by … Read more

Bitcoin is becoming increasingly unusable for payment

Bitcoin is accompanied by the same problems that its users faced significantly at the turn of 2017 and 2018, or more recently holders of ether. The growing interest in the digital currency is also reflected in rising transaction fees. For bitcoin payment processing, users currently have to pay transaction fees in the order of several … Read more

Kellner took a photo to support the wearing of veils. I suspected that it existed, Lukačovič responded

The richest Czech Petr Kellner and his spokesman Vladimír Mlynář posted a joint photo on the social network Twitter, according to Mlynář with the ambition to support the wearing of veils in the fight against the COVID-19 pandemic. Despite the fact that part of Kellner’s face is hidden behind the mouthpiece, it is most likely … Read more

Křetínský is seeking a 30 percent stake in the German company Metro. It offers more to shareholders than expected

The EPGC is offering EUR 8.48 for one ordinary share, the holders of which have the right to vote at the General Meeting. For a preference share that is not associated with voting rights, but usually a higher dividend, its owner will receive EUR 8.89. EPGC currently holds 29.9 percent of the shares in Metro, … Read more