The Czech Transport Ministry has backed a plan for a railway link from Prague’s Masaryk train station to Václav Havel international airport. Under the plan, the link will run at least partially underground in Prague 6. From there, trains will continue above ground along track branching off to Kladno, outside of Prague and to the airport itself. The project is slated to cost around 18 billion crowns.
The Czech Republic does not have a rosy reputation for its past treatment of small or minority shareholders. Many have been treated poorly when ‘squeezed out’ by the majority owners. And the moves by PPF, the majority owner of telecoms giant O2, has raised suspicions they are getting a raw deal again.
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