(IN BRIEF) Erste Group’s Private Banking division has been awarded the title of “Best Private Bank in Central and Eastern Europe” by both PWM/The Banker and Global Finance, marking a significant achievement in the CEE region. Erste received a total … Read the full press release
Posted in Austria, Awards, Banks, Business, Croatia, Czech Republic, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Romania, Slovakia, Technology
Tagged Austria, Awards, CROATIA, Czechia, Erste Group, leadership, Maximilian Clary und Aldringen, partnership, Private Bank, Romania, Slovakia
(IN BRIEF) The European Investment Bank (EIB) has provided a CZK 7.61 billion (€300 million) loan to České dráhy, the Czech Republic’s national railway operator, to modernize and expand its rail fleet. The funding will enable České dráhy to purchase … Read the full press release
Posted in Banks, Business, Czech Republic, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged České dráhy, Czech Republic, EIB, Kyriacos Kakouris, Lukáš Svoboda, modernization, partnership, rail transportation, safety, sustainability
(IN BRIEF) The LEGO factory in Kladno, Czech Republic, has completed an expansion of its rooftop solar park, more than doubling its renewable energy capacity from 1 MWp to 2.5 MWp. This expansion is expected to reduce the factory’s carbon … Read the full press release
Posted in Business, Commodities, Czech Republic, Denmark, Energy, Gas & Oil, Entertainment, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged carbon emissions, Kladno Factory, LEGO, Michaela T. Horáková, partnership, Solar Energy Capacity, sustainability
(IN BRIEF) The Central Securities Depository in Prague, part of the Vienna-Prague Stock Exchange Group, has become the first institution globally authorized under the EU’s DLT pilot regime to operate a distributed ledger technology (DLT) market infrastructure. Starting in November … Read the full press release
Posted in Austria, Banks, Business, Czech Republic, Economy, Financial, Government, Industrial, Infrastructure & Utilities, International Trade, Investment, Management, News, Technology
Tagged Christoph Boschan, distributed ledger technology (DLT), Financial, investment, partnership, Petr Koblic, Securities Settlement Platform, Vienna-Prague Stock Exchange Group, Wiener Börse
(IN BRIEF) ESET Research has revealed that the Telekopye scam network has shifted its focus to targeting users of Booking.com and Airbnb through compromised hotel accounts. By sending fake payment issue emails and directing users to fraudulent booking sites that … Read the full press release
Posted in Business, Czech Republic, Financial, Government, Industrial, Internet & Online, Investment, Management, News, Security & Safety, Slovakia, Technology
Tagged Airbnb, Booking.com, ESET, Hotel Accounts, Radek Jizba, SECURITY, Telekopye Scam Network
(IN BRIEF) The ORLEN Group has launched sales of its HVO100 biofuel at two service stations in Germany, with plans to expand further. HVO100, made from vegetable oils and waste products such as used cooking oil, can reduce greenhouse gas … Read the full press release
Posted in Business, Czech Republic, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland
Tagged biofuel, Czech Republic, fuel, Germany, HVO100, ORLEN, partnership, sustainability
(IN BRIEF) Skanska has signed a contract worth CZK 1.1 billion (approximately SEK 510M) with Central Group to develop the next phase of the Tesla Hloubětín residential project in Prague, Czechia. The project will include four residential buildings with six … Read the full press release
Posted in Business, Construction, Czech Republic, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged partnership, Prague, Residential Complex, Skanska, sustainability
(IN BRIEF) The European Investment Fund (EIF) has received its first contributions to the Three Seas Initiative (3SI) Innovation Fund from Poland’s BGK and the Czech Republic’s NRI, with each institution committing €20 million. This fund aims to raise €180 … Read the full press release
Posted in Banks, Business, Czech Republic, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Poland, Technology
Tagged Bank Gospodarstwa Krajowego (BGK), Czech Republic, EIF, Innovation Fund, Martin Potůček, Mirosław Czekaj, National Development Investment (Národní rozvojová investiční / NRI), partnership, Poland, Roger Havenith, sustainability
(IN BRIEF) Colas CZ and Colas Rail have secured a €77 million contract to modernize an 8-kilometer railway line in Northern Bohemia, Czech Republic. The project, which will begin in September 2024 and finish in 2027, involves upgrading tracks, signaling … Read the full press release
(IN BRIEF) Logicor has announced the first major tenant for its new development in Příšovice: Plzeňský Prazdroj, the Czech Republic’s largest beer producer. The company has leased 7,500 square meters at the facility, which will serve as its regional distribution … Read the full press release
Posted in Business, Czech Republic, Environment, Financial, Food & Beverage, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged Alžběta Pastrnková, Czech Republic, Logicor, partnership, Plzeňský Prazdroj, Příšovice Logistics Hub, sustainability, tenant
(IN BRIEF) Škoda Auto is celebrating major anniversaries for its Kvasiny and Vrchlabí plants, marking 90 and 160 years of operation, respectively. The Vrchlabí plant, originally a carriage manufacturer, has evolved into a cutting-edge facility producing automatic transmissions, achieving carbon … Read the full press release
(IN BRIEF) Arriva Group is advancing its commitment to decarbonizing public transport in the Czech Republic by introducing 16 new electric buses in the city of Kladno, marking the country’s largest single purchase of such vehicles. These buses will operate … Read the full press release
(IN BRIEF) Vodafone Foundation’s NG-SOS app has reached a milestone of over 4 million downloads and has facilitated 200,000 emergency calls across Europe. The app, available in the Czech Republic, Hungary, Slovakia, and Austria, connects users directly to emergency services, … Read the full press release
Posted in Artificial Intelligence (AI), Austria, Business, Czech Republic, Environment, Financial, Germany, Government, Healthcare, Hungary, Investment, Management, News, Science, Slovakia, Technology, Telecom
Tagged Austria, Czech Republic, emergency response, Europe, Hungary, NG-SOS App, partnership, Slovakia, sustainability, vodafone
(IN BRIEF) Katarzyna Niewiadoma won the third edition of the Tour de France Femmes avec Zwift, with Marianne Vos taking the points classification title. Škoda Auto, the main partner of the event, provided 70 electric and plug-in hybrid vehicles, including … Read the full press release
Posted in Automotive, Awards, Czech Republic, France, Media, Sports
Tagged A.S.O., Alpe d’Huez, CANYON//SRAM Racing, cycling, cycling race, electric vehicles, green jersey, Katarzyna Niewiadoma, Marianne Vos, Marion Rousse, plug-in hybrid vehicles, Rotterdam, ŠKODA AUTO, ŠKODA Design, Škoda Enyaq, sustainability, Tour de France Femmes avec ZWIFT, WeLoveCycling
(IN BRIEF) Škoda has unveiled its new Elroq vehicle, which emphasizes sustainability through the use of advanced, eco-friendly materials in its interior design. The Elroq incorporates innovative materials such as Recytitan, made from recycled PET and post-consumer clothing, and Technofil, … Read the full press release
Posted in Automotive, Business, Czech Republic, Environment, Financial, Industrial, Investment, Management, News, Technology
Tagged Eco-Friendly Interiors, Elroq, recycled materials, Recytitan, ŠKODA, sustainability, Technofil
(IN BRIEF) Škoda Auto continued its commitment to diversity and inclusion by partnering with the Prague Pride Festival for the third year in a row. The festival, themed around ‘Family,’ featured active participation from Škoda employees and highlighted the company’s … Read the full press release
Posted in Automotive, Business, Czech Republic, Entertainment, Financial, Industrial, Investment, Management, Media, News, Society
Tagged diversity, Inclusion, LGBTQ+ Rights, partnership, Prague Pride, ŠKODA AUTO, society
(IN BRIEF) Skanska has signed a CZK 1.3 billion contract with The Railway Administration of the Czech Republic to modernize Jihlava-City railway station. The project, which includes new tracks, switches, security systems, barrier-free platforms, and a new station building, aims … Read the full press release
(IN BRIEF) Czech award-winning composer Tatiana Mikova will present her String Quartet “In Modo Lidico” at Carnegie Hall on 1st July 2024, following its successful world premiere in New York in 2021. Mikova seamlessly blends Moravian folk influences with classical … Read the full press release
Posted in Art & Culture, Awards, Czech Republic, Education, Hungary, Media
Tagged award-winning, Carnegie Hall, Chamber music, chamber music concerts, classical music, classical music composer, concert, CZECH, Czech Nonet, film music composer, film scoring, Lehner String Quartet, London College of Music, Lydian mode, Moravia, Moravian folklore, music, New York, Performance Today, Progressive Musicians Laureate Gala, recitals, String quartet, String Quartet “In Modo Lidico”, Tatiana Mikova, University of West London, USA, Weill Recital Hall, Well Recital Hall, Women composers, “In Modo Lidico, “Sinfonietta for Orchestra”, ”
(IN BRIEF) STRABAG a.s., part of STRABAG SE’s Czech subsidiary, has secured a leading role in constructing Česká spořitelna’s new headquarters in Prague’s Smíchov district. This project, part of the Smíchov City development, will include four office buildings covering 75,000 … Read the full press release
Posted in Austria, Business, Construction, Czech Republic, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Česká spořitelna, construction, Futuristic Headquarters, Moritz Freyborn, partnership, Prague, Smíchov District, STRABAG, sustainability
(IN BRIEF) Germany’s largest post-mining lake, the “Cottbuser Ostsee,” is set to host a groundbreaking floating solar plant, scheduled to begin operation in winter 2024/2025. Generating 29,000 MWh of electricity annually, this initiative not only powers thousands of households but … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has recently inked a CZK 1.3 billion loan agreement with Brněnské vodárny a kanalizace (BVK), the municipal water and wastewater company in Brno, Czech Republic, aiming to revamp the city’s wastewater treatment infrastructure. … Read the full press release
Posted in Banks, Business, Czech Republic, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Brněnské vodárny a kanalizace (BVK), Brno, Czech Republic, Daniel Struž, EIB, Kyriacos Kakouris, partnership, sustainability, wastewater treatment
(IN BRIEF) Škoda Auto is set to debut its latest innovation, the Škoda Vision Gran Turismo concept car, in a digital world premiere on April 24th at 18:00 CEST. Broadcasting live from Prague’s PLAYzone Arena, the event will showcase Škoda’s … Read the full press release
Posted in Automotive, Business, Czech Republic, Entertainment, Financial, Industrial, Investment, Management, News, Technology
Tagged Modernity, ŠKODA AUTO, Škoda Vision Gran Turismo concept car
(IN BRIEF) The European Investment Bank (EIB) Board of Directors approved €4.3 billion in financing for projects spanning Austria, Czech Republic, France, Germany, Hungary, Italy, Lithuania, and Slovakia. The funding will support sustainable transport, renewable energy, water and waste treatment, … Read the full press release
Posted in Austria, Banks, Business, Czech Republic, Economy, Environment, Financial, France, Germany, Government, Hungary, Industrial, Investment, Italy, Lithuania, Luxembourg, Management, News, Slovakia
Tagged Austria, Czech Republic, EIB, Europe, France, Germany, Hungary, investment, Italy, Lithuania, Nadia Calviño, partnership, Slovakia, sustainability, sustainable development
(IN BRIEF) In a strategic move, MONETA secures a €100 million loan from the European Investment Bank (EIB), earmarked to enhance economic prospects for small and mid-sized businesses in Czechia. With a commitment to allocate at least 12% of the … Read the full press release
Posted in Banks, Business, Czech Republic, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Business Growth, Czech Republic, Czechia, EIB, Kyriacos Kakouris, MONETA, partnership, SMEs, sustainability, Tomáš Spurný
(IN BRIEF) Škoda Auto has announced the forthcoming release of its electric city SUV crossover, the Škoda Epiq, slated for unveiling in 2025. With an anticipated starting price of approximately 25,000 euros, the Epiq boasts a length of 4.1 meters, … Read the full press release
Posted in Automotive, Business, Czech Republic, Financial, Industrial, Investment, Management, News, Technology
Tagged City SUV Crossover, e-mobility, Klaus Zellmer, modern design, Oliver Stefani, ŠKODA AUTO, Škoda Epiq, technology
(IN BRIEF) Škoda Auto is set to reveal its 2023 financial results and outline its strategic plans via livestream on Friday, March 15 at 10:00 CET. The event, broadcasted from Mladá Boleslav, will offer a sneak peek into Škoda’s upcoming … Read the full press release
Posted in Automotive, Business, Czech Republic, Economy, Financial, Industrial, Investment, Management, Media, News, Technology
Tagged 2023 Financial Results, BEV Design Concept, investment, ŠKODA AUTO
(IN BRIEF) Škoda Auto celebrates the completion of its new headquarters, the Laurin & Klement Kampus (LKK), in Mladá Boleslav, boasting state-of-the-art facilities designed to accommodate up to 2,000 employees. The interconnected complex, built within two years, aims to foster … Read the full press release
(IN BRIEF) Škoda Auto India has announced the development of an all-new compact SUV, marking the next phase of its product expansion strategy following the successful launches of the Kushaq and Slavia models. Scheduled for debut in the first half … Read the full press release
(IN BRIEF) Škoda Auto’s latest exhibition at the Škoda Museum in Mladá Boleslav highlights the company’s dedication to electrification and sustainability, running until June 16th. Featuring historical and current environmental projects, the exhibit details Škoda’s strategies to reduce emissions throughout … Read the full press release
Posted in Automotive, Business, Czech Republic, Environment, Financial, Industrial, Investment, Management, Media, News, Technology
Tagged electrification, Museum Exhibition, ŠKODA AUTO, sustainability
(IN BRIEF) The European Investment Bank Group’s Advisory Services, in collaboration with the Czech Ministries of Finance and Regional Development, is set to tackle the housing shortage affecting approximately 270,000 people in Czechia. The partnership aims to develop a strategic … Read the full press release
Posted in Business, Construction, Czech Republic, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged affordable housing, Czech Republic, Czechia, European Investment Bank, Ivan Bartoš, Kyriacos Kakouris, partnership, sustainability
(IN BRIEF) In 2023, the European Investment Bank Group (EIB Group) made significant investments totaling €1.88 billion in the Czech Republic, focusing on initiatives to enhance regional development, economic resilience, and environmental sustainability. The largest loan, amounting to €985 million, … Read the full press release
Posted in Banks, Business, Czech Republic, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged Czech Republic, Czechia, EIB Group, EIF, Greener Infrastructure, INNOVATION, investment, Kyriacos Kakouris, partnership, small businesses, SMEs, sustainability
(IN BRIEF) Škoda Auto has unveiled exterior sketches of the refreshed Octavia, the latest iteration of its iconic model that has achieved over seven million sales since its 1996 launch. The new Octavia features refined design elements, including updated headlights, … Read the full press release
Posted in Automotive, Czech Republic, Marketing
Tagged Octavia, Oliver Stefani, red dot award, ŠKODA AUTO
(IN BRIEF) Škoda is marking the 90th anniversary of the Superb’s production launch at the Rétromobile exhibition in Paris, featuring a diverse display of historic and contemporary vehicles. Among the highlights are the iconic Škoda Superb from different eras, the … Read the full press release
Posted in Automotive, Business, Czech Republic, Environment, Financial, France, Government, Industrial, Investment, Management, Media, News, Technology
Tagged 90th Anniversary, Andrea Frydlová, INNOVATION, Paris, Pierre Desjardins, Rétromobile Exhibition, ŠKODA, sustainability
(IN BRIEF) Škoda Auto has officially entered the Brunei market, inaugurating its first showroom in Bandar Seri Begawan alongside local partner T.C.Y. Motors. The carmaker is introducing models like the Octavia RS, Kodiaq Sportline from Europe, and the Indian-made Slavia … Read the full press release
Posted in Automotive, Business, Czech Republic, Economy, Financial, Government, Industrial, Investment, Management, News
Tagged Bandar Seri Begawan, Brunei Market, Martin Jahn, partnership, ŠKODA AUTO, T.C.Y. Motors
(IN BRIEF) Škoda Auto has commenced production of the updated Scala compact car and Kamiq city SUV at its Mladá Boleslav plant, introducing new equipment features and advanced assistant systems usually reserved for higher vehicle classes. Notably, sustainable materials are … Read the full press release
Posted in Automotive, Business, Czech Republic, Environment, Financial, Industrial, Investment, Management, News, Technology
Tagged Andreas Dick, Kamiq Models, SCALA, ŠKODA AUTO, sustainability
(IN BRIEF) ORLEN, an energy company, has experienced rapid expansion with acquisitions in Austria, Germany, Slovakia, and Hungary, increasing its foreign station count by nearly a third in the past year. They are finalizing the purchase of over 60 service … Read the full press release
Posted in Austria, Czech Republic, Energy, Gas & Oil, Germany, Hungary, Industrial, Investment, Lithuania, Poland, Slovakia
Tagged acquisitions, Austrocard, Daniel Obajtek, EV charging points, fuel stations, Hydrogen Refuelling Stations, MOL, OMV, ORLEN, Star Connect, Stop Cafe, Turmöl, Turmstrom
(IN BRIEF) Škoda Auto has begun series production of its second-generation Kodiaq SUV at the Kvasiny plant in the Czech Republic. The company invested €49 million to modernize and expand the production facilities, enabling the plant to produce up to … Read the full press release
Posted in Automotive, Czech Republic, Industrial, Technology
Tagged Andreas Dick, Czech Republic, Karoq SUV, KODIAQ, Kodiaq SUV, Kvasiny, ŠKODA AUTO, SUPERB, SUV, welding shop
(IN BRIEF) Škoda Auto is integrating the AI-based chatbot ChatGPT into its Laura voice assistant, enhancing the in-vehicle experience for customers. The chatbot, powered by Cerence Chat Pro, will be available in Škoda models based on MEB GP and MQB … Read the full press release
(IN BRIEF) Skanska is committing CZK 1 billion (approximately SEK 480 million) to fund the second phase of the Modransky cukrovar residential development project in Prague, Czech Republic. This phase will encompass 126 apartments and six commercial units, and it … Read the full press release
Posted in Business, Construction, Czech Republic, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, Sweden
Tagged eco-friendly, investment, partnership, Prague, residential project, Skanska
(IN BRIEF) Škoda Auto is embarking on a significant logistics transformation through Project ONE Log, aimed at implementing a unified logistics system using SAP technology. This move involves replacing various existing systems with a standardized SAP solution, streamlining logistics processes … Read the full press release
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