Economy and Market

Kellner: energy and telecommunications

After cashing in money from the Trieste Lion company, the Czech business Yeti is aiming at new preys The recent operation by means of which the Generali bought from the Czech billionaire the remaining 49% of Generali PPF Holding (the joint venture created five...

Today’s new challenges: future prospects of the energy sector

The Enel Group has grown a lot in just a few years, and since early 2000 has now almost doubled in size. It is now the second group in Europe for generating and distributing electricity, it operates in 40 countries and since 2009, its...

“Our expansion continues”

“We are not impaired by the crisis. The fact that we have a defined development plan already in progress helps us quite a bit. By opening to the retail market, the bank has also become more sustainable compared to the past.” To underline this...

Made in Czech Republic in search of new markets

Prague’s number one objective: to reduce dependence on western European markets The Czech Republic, a country that sells around two-thirds of its production abroad, believes it is important to decrease its dependency on EU markets in the next few years – where 83% of...

Msv 2011 a sign of recovery

Many positive signs, in early October, starting with the 53rd edition of the Mechanical Engineering Fair in Brno, even if operators are rather cautious about the future, with particular concerns over the Eurozone crisis. In a country such as the Czech Republic – where...

Regaining confidence

The European strategy for the crisis and the fears of the non-euro countries These are months of concern for the fate of the euro. In some countries, such as the Czech Republic, there is a growing distrust towards the single currency; whilst in the...

The European crisis adds gleam to the crown

However, any comparison between the Czech currency and the Swiss Franc, does not hold. There is still a long way to go The crises in the world markets show no signs of abating and, in the international arena, the most daring brokers and experts...

Russia and the Czech Republic, business is still on the rise

Economic relations between the Czech Republic and Russia are increasingly stronger, so much so that in 2010, trade between the two countries was 7.8 billion Euros, an increase of 29.5% compared to the previous year. Everything indicates that, this year already, trade relations between...

EU Funds: scenarios and perspectives at the ICE (Italian Institute for Foreign Trade) conference in Prague

On 26 May of this year, a conference was held in Prague entitled “Investing in the Czech Republic with European aid”. The initiative saw the participation of the ICE office in Prague, together with ChzechInvest, the Czech government agency for the management of industrial...

The Czech business Yeti and the Triestine Lion

The story of a contested “love” which could see its fruits with the Generali-Ppf Group joint venture The Kellner issue was the fuse that sparked the latest contrast within the Italian company before Geronzi’s resignation. Nobody knows exactly what weight the contrast had over...