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.
New foreigners’ law to change conditions for non-EU nationals
Czech rock climber Adam Ondra knocked out of World Cup in Japan
Czech foreign ministry reports record number of visa applications
New index shows locations with best quality of life in Czech Republic
Archaeologists unearth rare Renaissance-Baroque brew house in ‘Czech Paradise’