(IN BRIEF) Equinor has signed a long-term gas supply agreement with Pražská plynárenská that will secure natural gas deliveries to the Czech Republic until 2035. Supplies have already begun, with gas sourced from the Norwegian Continental Shelf to support heating, … Read the full press release
Posted in Business, Czech Republic, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Investment, Management, Norway
Tagged 2035 agreement, Anders Opedal, Bohuslav Svoboda, Central and Southern Europe gas markets, Climate Plan Prague, Czech Republic energy security, energy diversification, Equinor, Equinor and Pražská plynárenská Sign 10-Year Gas Supply Agreement to Strengthen Czech Energy Security, European energy security, gas distribution network, heating and electricity, long term gas supply, Ludvík Baleka, Martin Slaby, natural gas deliveries, Norwegian Continental Shelf, pipeline gas, Prague energy supply, Pražská plynárenská, Prometheus subsidiary
(IN BRIEF) Logicor has completed the construction of Logicor Prague-Průmyslová, a 21,000-sqm logistics park located just 5 km from central Prague and directly connected to the country’s key motorways. Designed to support fast, flexible and sustainable urban supply chain operations, … Read the full press release
Posted in Business, Czech Republic, Industrial, News, Real Estate, Transportation & Logistics
Tagged Alžběta Pastrnková, biodiversity landscaping, BREEAM Very Good, Czech motorways, Czech Republic logistics market, DALI LED lighting, distribution hub, EV charging, Kajima, last-mile delivery, Logicor, Logicor Delivers 21000-sqm Modern Logistics Park in Prague with Strong Connectivity and BREEAM Ambitions, Logicor Prague-Průmyslová, office space, Pavel Rufert, photovoltaic readiness, Prague industrial zone, Prague logistics, Redevelopment Project, smart metering, sustainability features, urban logistics, Warehouse Development
(IN BRIEF) Škoda Auto is entering the rapidly expanding Saudi Arabian automotive market in partnership with SAMACO Motors, reinforcing its internationalisation strategy. The first showrooms in Jeddah and Al Khobar will open in late 2025, with a flagship location in … Read the full press release
Posted in Automotive, Czech Republic, Industrial, Management, Marketing, Retail
Tagged Al Khobar, Al Nahla Group, automotive internationalisation, digital showrooms, Jeddah, Martin Jahn, Middle East automotive, Riyadh, SAMACO Motors, Saudi Arabia market entry, Saudi car market, Saudi vehicle demand, ŠKODA AUTO, Škoda Auto Enters Saudi Arabian Market with Digital Showroom Strategy and Full SUV Line-up, ŠKODA KODIAQ, Škoda Kushaq, ŠKODA Octavia, Slavia saloon, SUPERB, Volkswagen Group Middle East
(IN BRIEF) The European Investment Bank (EIB) is lending €400 million to support the construction of a 12.64 km section of the Prague Ring Road between Běchovice and the D1 motorway, a project led by Ředitelství silnic a dálnic (RSD) … Read the full press release
Posted in Banks, Construction, Czech Republic, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, News, Technology
Tagged Baltic-Adriatic Corridor, Běchovice, central Europe, climate resilience, congestion reduction, Czech Republic, Czech transport, D1 motorway, EIB, EIB and Czech Authorities Advance Major TEN-T Corridor Project with €400 Million Investment in Prague’s Transport Network, EU Cohesion Policy, European Investment Bank, Green mobility, infrastructure investment, Marek Mora, Ministry of Transport, Prague Ring Road, Radek Mátl, Ředitelství silnic a dálnic, regional development, RSD, SFTI, State Fund for Transport Infrastructure, SUMP, sustainable transport, Sustainable Urban Mobility Plan, TEN-T Core Network
(IN BRIEF) The European Investment Bank (EIB) is providing a €200 million loan to the Czech Republic to upgrade its railway network by 2030. Managed by Správa železnic through the State Fund for Transport Infrastructure, the project will enhance both … Read the full press release
Posted in Banks, Czech Republic, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, News, Technology, Transportation & Logistics
Tagged climate resilience, Czech Republic, Czech Republic Secures EIB Financing to Upgrade Rail Infrastructure and Advance Green Mobility Goals, EIB, electrification, Emma Toledano Laredo, ERTMS, European Commission, European Investment Bank, Green mobility, Jiří Svoboda, Just Transition Mechanism, Karlovy Vary, Marek Mora, Ministry of Finance, Moravia-Silesia, Public-Private Partnerships, rail infrastructure, railway modernization, regional development, Správa železnic, State Fund for Transport Infrastructure, sustainable transport, TEN-T, transport infrastructure, Ústí nad Labem
(IN BRIEF) BAE Systems and Czech systems integrator PragoData a.s. have entered into a collaboration to enhance Integrated Product Support (IPS) within the Czech defence sector, aiming to improve the readiness and lifecycle management of key military assets. Initially, BAE … Read the full press release
Posted in Czech Republic, Defence, Government, Industrial, Technology, United Kingdom
Tagged ASD S-Series, asset management, BAE Systems, BAE Systems and PragoData to Enhance Military Asset Readiness through Integrated Product Support, BAE Systems Expands Defence Collaboration in Czechia with PragoData on Digital Asset Management, CALS Systems, Campbell Harte, Czech Armed Forces, Czech defence sector, Czechia, defence innovation, Defence Logistics, Defence Technology, digital defence, digital intelligence, Eurostep, Integrated Product Support, interoperability, IPS, lifecycle management, Lubomír Toman, military assets, NATO, PragoData, PropheSEA™, ShareAspace, Strategic Partnership Between BAE Systems and PragoData to Advance Czech Defence Digitalisation, Systems Integration, UK Royal Navy
(IN BRIEF) The European Investment Bank (EIB) has granted €25 million in financing to Tecnocap, a global leader in metal packaging, to fund projects improving energy efficiency and expanding renewable energy generation. The investments, focused mainly on Tecnocap’s Italian facilities … Read the full press release
Posted in Banks, Business, Czech Republic, Environment, Financial, Industrial, Investment, Italy, Luxembourg, News, Technology
Tagged Alberto Nobili, Banca Finint, Clean Industrial Deal, Cohesion Regions, Czech Republic, EIB, EIB and Banca Finint support Tecnocap with green financing to modernise production and accelerate renewable energy self-generation, EIB provides €25 million financing to Tecnocap to boost energy efficiency and renewable generation in Italy and Czech Republic, energy efficiency, European Investment Bank, Gelsomina Vigliotti, green investments, industrial competitiveness, InvestEU, Italy, low carbon transition, metal packaging, Michelangelo Morlicchio, Mid-Cap companies, Photovoltaic Systems, renewable energy, REPowerEU, sustainable industry, Tecnocap
(IN BRIEF) Logicor has leased the entirety of Building A at its new Příšovice logistics park to Wassa, a Czech packaging and logistics provider serving industries such as hygiene and automotive. The relocation from Liberec highlights the park’s strategic position … Read the full press release
Posted in Business, Czech Republic, Industrial, Management, News, Real Estate, Transportation & Logistics, United Kingdom
Tagged Alžběta Pastrnková, brownfield redevelopment, Czech Republic, D10 highway, industrial property, leasing entire Building A and reinforcing the park’s strategic role, leaving limited space available, Liberec relocation, Logicor, Logicor Příšovice, Logicor Příšovice attracts Wassa as full-building tenant, logistics hub, logistics park, Martina Vránová, multimodal transport, packaging systems, warehouse lease, Wassa, Wassa relocates to Logicor Příšovice
(IN BRIEF) Czech Deputy Finance Minister Marek Mora has been appointed Vice-President of the European Investment Bank, effective 20 October 2025. Nominated by the Czech government and approved by the EIB’s Board of Governors, Mora will replace Kyriacos Kakouris of … Read the full press release
Posted in Banks, Business, Czech Republic, Economy, Financial, Government, Industrial, Investment, Luxembourg, Management, Marketing, News, Technology
Tagged appointment, Czech Ministry of Finance, Czech National Bank, economic resilience, EIB, EIB appoints Czech Republic’s Marek Mora as Vice-President, EIB Management Committee, EIF, European Investment Bank, European Investment Fund, European Union, first Czech national since 2007, Green Energy, Ivan Pilip, Kyriacos Kakouris, leadership, Marek Mora, Marek Mora appointed EIB Vice-President, Nadia Calviño, partnership, SMEs, succeeding Kyriacos Kakouris this October, sustainable development, transport infrastructure
(IN BRIEF) Skanska is investing CZK 1.2 billion (SEK 540 million) in the third stage of its Modřanský cukrovar residential development in Prague. The phase will deliver 132 low-energy apartments across four buildings, alongside a 3,700-square-meter public square, green spaces, … Read the full press release
Posted in Business, Construction, Czech Republic, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Sweden, Technology
Tagged Art.Cukrovar, blue green grey infrastructure, BREEAM Excellent, construction, Czech Republic, Czech sculptors, housing units, investment, low-energy apartments, Modřanský cukrovar, partnership, Prague, public square, recycled materials, residential development, Skanska, sustainability, urban living
(IN BRIEF) The European Investment Bank will provide Správa železnic with 27 months of advisory support for three major Czech railway PPP projects, including the Prague Airport rail link and high-speed connections in Moravia. Fully funded by the InvestEU Advisory … Read the full press release
Posted in Banks, Czech Republic, European Union, Financial, Infrastructure & Utilities, Investment, Luxembourg, Transportation & Logistics, Travel
Tagged Brno, Connecting Europe Facility, Czech Republic transport strategy, EIB, EU transport strategy, European Investment Bank, European rail corridors, High-Speed Moravian Corridor, High-Speed Rail, InvestEU Advisory Hub, Jiří Svoboda, Kladno, Kyriacos Kakouris, Ostrava, PPP, Prague Airport rail link, Přerov, Public Private Partnership, railway modernization, Správa železnic, sustainable transport, TEN-T, Trans-European Transport Network, Václav Havel Airport
(IN BRIEF) As main partner of Prague Pride’s 15th edition, Škoda Auto mobilised over 100 staff and partners to participate in workshops and the parade, featuring the rainbow-themed electric Elroq Respectline on a floating Vltava pontoon. Board Member Karsten Schnake … Read the full press release
Posted in Automotive, Czech Republic, Industrial, Marketing, Society
Tagged 42 Prague, DEI score 94%, Digiteq Automotive, Diversity And Inclusion, Elroq Respectline, ESG, European Diversity Charter, Karsten Schnake, LGBTQ+ Rights, Prague Pride Festival, Pride Business Forum Bronze Award, ŠKODA AUTO, Škoda Auto University, Škoda Proud, sustainable development, “Where is my home?” theme
(IN BRIEF) Škoda Auto is providing 32 fully electric and plug-in hybrid vehicles to support the 2025 Tour de France Femmes avec Zwift, the longest and most demanding edition in the race’s history. From 26 July to 3 August, 154 … Read the full press release
Posted in Automotive, Czech Republic, France, Industrial, Marketing, Sports, Technology
Tagged A.S.O., Châtel, cycling sponsorship, electrified fleet, Elroq Respectline, Enyaq, Gravel World Championships, green jersey, Liège–Bastogne–Liège, L’Etape Czech Republic, Marion Rousse, Martin Jahn, Mountain Bike World Championships, Paris–Roubaix, plug-in hybrid, Prima Cup, Road Classics, ŠKODA AUTO, ŠKODA Design, sustainable mobility, Tour de France Femmes avec ZWIFT, UCI, vannes, Vuelta a España, WeLoveCycling.com
(IN BRIEF) The Czech Ministry of Defence has ordered Saab’s MSHORAD system in a SEK 1.8 billion deal, with deliveries from 2028 to 2030. The order covers RBS 70 NG-based mobile firing units with Bolide missiles, mounted on Czech-built MARS … Read the full press release
Posted in Business, Czech Republic, Defence, Financial, Government, Industrial, Investment, Management, Marketing, News, Security & Safety, Sweden, Technology, Transportation & Logistics
Tagged air defence capability, Bolide missiles, command and control system, Czech Armed Forces, Czech partner, firing units, Görgen Johansson, INNOVATION, integration, MARS S-330 vehicle, Mobile Air Defence, mobile configuration, modular air defence, MSHORAD, partnership, radar units, resilience, Saab, SVOS, third-party radar, troops on the move, turnkey solution
(IN BRIEF) Erste Group has topped Euromoney’s Awards for Excellence as the Best Bank in Central and Eastern Europe. Its Austrian arm, Erste Bank und Sparkassen, and Czech unit, Česká spořitelna, were each named Best Bank in their home markets. … Read the full press release
Posted in Austria, Awards, Banks, Business, Czech Republic, Environment, Financial, Government, Hungary, Industrial, Investment, Management, Marketing, News, Slovakia, Technology
Tagged Awards, banking industry, Best Bank in Central and Eastern Europe, Česká spořitelna, corporate responsibility, customer experience, Erste Bank Hungary, Erste Bank und Sparkassen, Erste Group, Euromoney Awards for Excellence, leadership, Peter Bosek, Poland expansion, Slovenská sporiteľňa
(IN BRIEF) Škoda has launched local assembly and sales of the Kushaq in Vietnam, becoming the first Škoda model built in the country from CKD kits supplied from India. The new Thanh Cong Group joint-venture plant, opened in March 2025, … Read the full press release
Posted in Automotive, Business, Czech Republic, Financial, Government, Industrial, Investment, Management, Marketing, News, Technology, Transportation & Logistics
Tagged 000 km testing, 330, CKD assembly, climate trials, dealership expansion, Experience Centre, Hanoi, KAROQ, KODIAQ, Mladá Boleslav, partnership, plant opening, ŠKODA AUTO, Škoda Kushaq, Slavia, Thanh Cong Group, Vietnam
(IN BRIEF) Continental’s Otrokovice tire plant has been awarded ISCC PLUS certification, confirming its adherence to strict documentation and traceability standards for renewable and recycled raw materials. This site now joins five other Continental factories worldwide in meeting these globally … Read the full press release
Posted in Automotive, Awards, Business, Czech Republic, Environment, Germany, Industrial, Technology
Tagged 40 percent target, bio-based rubber, circular carbon black, climate-friendly supply chain, Continental, Dr. Tomáš Belza, Hefei, ISCC PLUS, Jorge Almeida, Korbach, Lousado, mass-balance, Otrokovice, Púchov, recycled materials, renewable raw materials, Sarreguemines, supply chain traceability, sustainability certification, tire production
(IN BRIEF) The EIF is investing up to €20 million in Orbit Growth Debt II, a new €100 million private credit fund managed by Orbit Capital, focused on non-dilutive senior debt financing for growth-stage tech and tech-enabled SMEs and small … Read the full press release
Posted in Czech Republic, European Union, Financial, Investment, Luxembourg, Poland, Slovakia, Technology
Tagged CEE, competitiveness, Czech Republic, EIF, European Investment Fund, funding gap, growth-stage SMEs, INNOVATION, Marjut Falkstedt, non-dilutive financing, Orbit Capital, Orbit Growth Debt II, Poland, private credit, Radovan Něšrsta, SFDR Article 8, Slovakia, tech-enabled companies, venture debt
(IN BRIEF) Nokia has supplied its cloud-native 5G Standalone Core software to O2 Czech Republic, making it the nation’s first operator to launch 5G SA. The deployment includes Nokia’s Packet Core solution, enabling network slicing, ultra-low latency, multi-cloud flexibility, enhanced … Read the full press release
Posted in Business, Czech Republic, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology
Tagged 125 core customers, 52 live operators, 5G Standalone Core, cloud-native, digital transformation, energy efficiency, Erez Sverdlov, Jakub Votava, low-latency, multi-cloud, network reliability, Network slicing, Nokia, O2 Czech Republic, Packet Core, partnership, Q1 2025 deployments, zero-touch automation
(IN BRIEF) Prima Group and Viaplay Group have formed an exclusive long-term partnership to bring Viaplay Select to the Czech Republic via the prima+ streaming service starting July 1. With over 200 hours of critically acclaimed Nordic and European content … Read the full press release
Posted in Business, Czech Republic, Entertainment, Financial, Government, Industrial, Investment, Management, Marketing, Media, News, Sweden, Technology
Tagged Alex Ruzek, Camilla Läckberg, Czech Republic, Emelie Schepp, entertainment partnership, Erling Haaland, European drama, Furia, international content, mafia, Nordic noir, partnership, Prima Group, Prima™, streaming partnership, streaming platform, SVOD, The Hunt, true crime, Vanda Rapti, Viaplay Group, Viaplay Select
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