(IN BRIEF) CTP, Europe’s largest listed developer of industrial properties, has launched a €57 million project for Hitachi Energy at CTPark Brno, Czech Republic. The first phase involves building a state-of-the-art high-voltage products factory, with a focus on sustainable production … Read the full press release
Posted in Business, Construction, Czech Republic, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Technology, Transportation & Logistics
Tagged clean energy, CTP, CTPark Brno, Czech Republic, Factory Development, Green technology, Hitachi Energy, INNOVATION, partnership, renewable energy, sustainability
(IN BRIEF) Škoda Auto celebrates the 30th anniversary of its M13 production hall, which has played a key role in the brand’s success since its opening in 1996. Originally built to produce the Škoda Octavia, the facility now manufactures both … Read the full press release
Posted in Automotive, Business, Czech Republic, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Andreas Dick, anniversary, automotive industry, Czech Republic, electric vehicles, Elroq, Enyaq, INNOVATION, M13 production hall, Mladá Boleslav, modular manufacturing, production line, Škoda 130th anniversary, ŠKODA AUTO, ŠKODA Octavia, sustainability, vehicle production capacity, Volkswagen Group
(IN BRIEF) Siemens Mobility has secured an additional order from Austrian Federal Railways (ÖBB) for 30 Mireo trains, increasing their fleet to 100. The new trains, which will include both three-car and four-car units, are scheduled to enter passenger service … Read the full press release
Posted in Austria, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged 2029, Air Conditioning, Andre Rodenbeck, Austrian Federal Railways, baby carriages, barrier-free access, bicycles, commuter trains, Czech Republic, electric multiple-unit trains, ETCs, European Train Control System, Framework Agreement, Germany, Mireo trains, ÖBB, partnership, passenger service, power sockets, regional transport, Siemens Mobility, skis, snowboards, sustainability, wheelchair accessibility, Wi-Fi
(IN BRIEF) The European Investment Bank (EIB) has significantly increased its financing in the Czech Republic, rising to €2.47 billion in 2024. This marks a 33% growth from 2023, with key investments in infrastructure, the railway and energy sectors, and … 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 affordable housing, ČEZ, Czech Railways, Czech Republic, decarbonization, economic growth, EIB, EIF, energy efficiency, energy sector, EU, European Investment Bank, financing, funding, investment, investment support, job creation, Kyriacos Kakouris, partnership, railway infrastructure, renewable energy, Rohlik, SMEs, sustainability, sustainable development, Trans-European Transport Network, Y Soft, €2.47 billion
(IN BRIEF) The EIB is loaning €466 million to the Czech Republic to upgrade railway infrastructure as part of a larger European effort to improve rail services and meet climate goals. The funding will support key projects such as the … Read the full press release
Posted in Banks, Business, Czech Republic, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged climate goals, climate neutral by 2050, Czech Finance Minister Zbynek Stanjura, Czech Ministry of Finance, Czech Republic, Czech Transport Minister Martin Kupka, economic revitalization, EIB, energy efficiency, environmental sustainability, ERTMS, EU subsidies, European Commission, European Investment Bank, European Just Transition Mechanism, European Rail Traffic Management System, loan, partnership, passenger comfort, Public Sector Loan Facility, Rail Modernization, rail safety, rail services, rail upgrades, railway infrastructure, railway stations, reconstruction, regional cohesion, Road transport, Správa železnic, sustainability, TEN-T, Trans-European Transport Network, TRANSPORT
(IN BRIEF) Stadler has been contracted to install a new traction system for Leo Express, a private Central European transport company, following recent rail infrastructure upgrades in the Czech Republic and Slovakia. The new 25kV/50Hz AC traction system will be … Read the full press release
Posted in Business, Czech Republic, Slovakia, Switzerland, Technology, Transportation & Logistics
Tagged 25kV/50Hz AC, 3kV DC, Czech Ministry of Transport, Czech Republic, diagnostic system, dual traction systems, FLIRT trains, Frauenfeld, hardware and software adaptations, infrastructure upgrades, Leo Express, Polish networks, Polish rail networks, rail networks, Slovakia, Stadler, Switzerland, TCMS, technical running and brake tests, traction system, Train Control and Management System, TRANSPORT, weight assessment
(IN BRIEF) Bilfinger is expanding its engineering operations in the Czech Republic by integrating approximately 200 McDermott employees from the Brno office into its Bilfinger Engineering & Maintenance Central Eastern Europe (Bilfinger E&M CEE) division, effective December 31, 2024. This … Read the full press release
Posted in Business, Czech Republic, Energy, Gas & Oil, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Bilfinger, Bilfinger E&M CEE, Bilfinger Engineering & Maintenance Central Eastern Europe, Brno, carbon capture, Chemical & Petrochemical, collaboration, Czech Republic, efficiency, ENERGY, engineering capabilities, hydrogen, international hydrogen portfolio, Jaromír Kříž, master services agreement, McDermott, Oil & Gas, partnership, personnel transition, plant engineering, process industry, sustainability, sustainable aviation fuel facilities, sustainable fuel facilities, UK
(IN BRIEF) Savills has formed a strategic partnership with Cortina in Serbia to support its expansion in Europe. Cortina, based in Belgrade, offers a range of real estate services including transaction advice, valuations, and project management. This collaboration will strengthen … Read the full press release
Posted in Business, Financial, Government, Industrial, Investment, Management, News, Real Estate, Serbia, United Kingdom
Tagged Belgrade, capital, capital markets, CEE region, CEO, CEO Central and Eastern Europe, Cortina, CROATIA, Czech Republic, DDG Group, development consultancy, Filip Tomić, GDP growth, global network, International Monetary Fund, investors, James Sparrow, logistics, partnership, Poland, project management, real estate advisory services, residential sectors, Savills, Savills UK & EMEA, SERBIA, Stuart Jordan, transaction advice, valuations
(IN BRIEF) Logicor has launched Logicor Příšovice, its first logistics park outside Prague, converting a former brownfield site into a 20,500 sqm state-of-the-art logistics hub. Strategically located along the D10 highway with railway access, the park supports production, storage, and … Read the full press release
(IN BRIEF) FedEx has launched a state-of-the-art logistics facility in Plzeň, Czech Republic, as part of its strategy to expand operations in Central and Eastern Europe. The 2,600-square-meter facility, nearly double the size of its predecessor, features advanced technologies such … Read the full press release
Posted in Business, Czech Republic, Industrial, Investment, Transportation & Logistics
Tagged advanced infrastructure, CEE, Central and Eastern Europe, Czech Republic, DIM capabilities, economic growth, European Road Network, EV charging stations, FedEx, Hanover, Logistics Facility, logistics hub, Mariusz Mik, motorized belt sorter, Nuremberg, parcel handling, photovoltaic panels, Plzeň, Prague Airport, regional expansion, supply chain, sustainability, transportation, Vienna
(IN BRIEF) The European Investment Bank (EIB) is lending €400 million to Czech energy provider ČEZ to modernize and expand the country’s electricity distribution grid, enabling the integration of up to 5.5 gigawatts of renewable energy. The project, aligned with … Read the full press release
Posted in Banks, Business, Czech Republic, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged ČEZ, Czech Republic, EIB, energy infrastructure, green transition, Kyriacos Kakouris, Martin Novák, partnership, sustainability
(IN BRIEF) The European Investment Bank (EIB) has provided €400 million in loans to Komerční banka and SG Equipment Finance Czech Republic (SGEF) to support small and medium-sized enterprises (SMEs) and Mid-Cap companies in the Czech Republic and Slovakia. The … Read the full press release
Posted in Banks, Business, Czech Republic, Economy, Environment, Financial, Industrial, Investment, Luxembourg, Management, News, Slovakia, Small Business, Technology
Tagged Czech Republic, David Formánek, economic growth, EIB, INNOVATION, Komerční banka, Kyriacos Kakouris, partnership, Petr Němec, Slovakia, SMEs, Sóciété Générale Equipment Finance Czech Republic, sustainability
(IN BRIEF) Mercedes-Benz Vans Central and Eastern Europe (CEE) has partnered with E.ON to launch a comprehensive B2B Charging Infrastructure initiative across Romania, Czech Republic, Slovakia, and Hungary. The collaboration aims to support businesses transitioning to electric mobility by providing … Read the full press release
Posted in Automotive, Business, Czech Republic, Environment, Financial, Germany, Government, Hungary, Industrial, Infrastructure & Utilities, Investment, Management, News, Romania, Slovakia, Technology, Transportation & Logistics
Tagged Alexandru Rugina, Andrea Kramer, Central and Eastern Europe (CEE), Czech Republic, Davide Villa, E.ON, EV charging infrastructure, Hungary, Mercedes-Benz Vans, partnership, Romania, Slovakia, Stephan Kunze, sustainability
(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 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) 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) 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
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