The diversified business empire of Karel Komárek is having its fair share of problems from being frozen of the Russian oil business to failing to make the hoped for impact as a gas and electricity retailer on the Czech market. In adversity comes opportunity might be the new catchphrase for his optimistic managers.
The Czech Republic’s biggest car maker Škoda Auto is having one of its most successful periods and last year sold a record one million-plus vehicles. However, Mladá fronta Dnes reported on Wednesday, it is planning to hive off some workers into outside companies – a move that could spark strike action.
A multi-billion crown tender to supply Czech power company ČEZ with nuclear fuel for its two Temelin reactors looks like it is on the horizon. ČEZ’s general manager and board chairman Daniel Beneš raised the prospect that the current contract of Russian fuel supplier TVEL might not be automatically renewed in an interview this week with the Czech weekly Respekt.
Archaeologists unearth seven graves dating back to Great Moravian Empire
“Einstein in Bohemia” – Part II: how alienation in ‘half-barbaric’ Prague led him to a new theory of gravity, eventual love of a free Czechoslovakia
“Einstein in Bohemia” – part 1: how a Prague sojourn sparked his theory of general relativity, journey of self-discovery
Valentine’s Day 1945 - When the Americans bombed Prague
Film about tragic fate of great Czech actress highlights communist atrocities in the 1950s