A number of companies are in the running for lucrative contracts to build new nuclear units in the Czech Republic. Now the head of the State Office for Nuclear Safety says that a South Korean firm looks best placed to get the job. Dana Drábová says KHNP currently has the best references in regards to finishing construction on time and on budget.
EU lawmakers have hammered out a deal to cut vehicle emissions 35 percent by 2030 in a bid to fight climate change and pollution. The Czech Republic, whose auto industry is the main economic driver, was among those pushing for a far smaller cut, arguing stringent CO2 targets will lead to structural problems across the EU.
The Australian-based mining company European Metals Holdings is continuing with preparations for lithium mining in the Czech Republic, despite the fact that the Czech government does not consider the memorandum on the extraction and processing of lithium, signed with EMH last year, legally binding and wants a Czech state-run company to mine and process the deposits. The company Geomet, which is part of EMH, has begun preparations for a series of drills near Cínovec in order to ascertain the economic viability of the project.
Just before the start of the 2018 Paris Motor Show, Czech automobile manufacturer Škoda revealed its new SUV model - Škoda Kodiaq RS. Speaking at the preview event in France, Škoda CEO, Bernhard Maier, further stated that the car maker has already produced over a million cars in 2018, setting a new production record.
The black coal mining company OKD, which underwent reorganization following
insolvency procedures in 2016, is making a profit and could keep its
Karviná mine in operation until 2030, Prime Minister Andrej Babiš said
following talks with the company’s management on Thursday.
The reorganization plan envisaged a gradual phase-out of mining in the region by 2023, but the prime minister said the company was in good shape and making a healthy profit and could continue to operate until 2030.
A final decision is to be made by the end of the year.
Opravárna is a new Czech app, which matches handymen to repair requests sent from across the country. The app has been quick to catch on and currently has nearly a thousand handymen registered. Yet Opravárna is not just a savvy business idea, but one of the ways in which the Czech Republic can contribute to the EU’s plan for achieving a more circular economy.
The management of the Temelin nuclear power plant on Monday reported a
human error in servicing when lightly radioactive water was released into
the wrong reservoir. The water remained in a closed circuit and the
incident did not endanger safety or affect power production, Temelin said
in a statement.
A report was sent to the State Institute for Nuclear Safety and, in line with a bilateral agreement, to the Austrian authorities in Melk.
Sales of new passenger cars in the Czech Republic in the first eight months
of 2018 increased by four percent compared to the same period last year, to
193,252 vehicles, according to figures released by the Association of
Automobile Importers on Wednesday.
According to the association, the growth has been a direct result of a change in the exhaust emissions limits, which came into effect in September last year.
The biggest seller in the period between January and August was Škoda with over 59,300 cars, followed by Volkswagen and Hyundai. The Škoda Octavia remains to be the best-selling model, followed its Fabia and Rapid models.
A decision on the means of financing new nuclear reactors in the Czech
Republic should be made by the end of the year, Trade and Industry Minister
Marta Nováková told journalists on Friday.
At present three options are on the table: creating a new subsidiary of ČEZ with Dukovany and Temelin assets, opening the door to a foreign investor, and splitting ČEZ to transfer its nuclear plants to a state-owned company.
Minister Nováková said that either way, ČEZ would be expected to play a significant role, since the country’s top nuclear experts were there.
Škoda Auto will present its Kodiaq RS sports utility vehicle at the Paris
Motor Show in October, powered by the strongest diesel engine in the
history of the brand, a two-litre TDI with a two-turbine.
German parent company Volkswagen has used the four-cylinder biturbo, but it’s a first for the Czech carmaker. Škoda has also announced its smaller Fabia and Rapid diesel models will be phased out, with new models featuring CNG engines.
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