Tag Archives: Czech Republic

EIF Backs €100 Million Orbit Growth Debt II Fund for Non-Dilutive Tech Financing in Czechia, Poland and Slovakia

(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

Alstom and Norske tog Launch First Coradia Stream Nordic Train for June 2026 Oslo Service

(IN BRIEF) Alstom and Norske tog have presented the first of 55 Coradia Stream train sets at Oslo’s Grorud depot, kicking off a months-long testing regimen across Europe and in Norway’s winter mountains. This launch, attended by top transport officials, … Read the full press release

Viaplay Select Launches in the Czech Republic with prima+ Through Long-Term Deal with Prima Group

(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

Savills Reports Strong European Logistics Investment in 2024 Despite Market Cooling in Q1 2025

(IN BRIEF) Savills’ latest research shows that European logistics real estate investment volumes reached €38.2 billion in 2024, up 15% year-on-year, but still 15% below the five-year average. The market saw a downturn in Q1 2025, with investment volumes dropping … Read the full press release

Siemens’ Teamcenter and Mendix solutions enable Tatra Trucks to unify product development and manufacturing processes, optimizing production and reducing time-to-market

(IN BRIEF) Tatra Trucks has implemented Siemens’ Xcelerator software suite to streamline its digital transformation, improving manufacturing, product development, and customer delivery processes. With the integration of Teamcenter and Mendix, Tatra aims to optimize its operations, increase production efficiency, and … Read the full press release

ELKO Group Expands Blackview Distribution to Slovakia, Czech Republic, and Hungary

(IN BRIEF) ELKO Group is expanding its distribution of Blackview rugged devices into Slovakia, the Czech Republic, and Hungary under the WESTech brand. This initiative builds on their established distribution agreements in the Baltics and Slovenia, further enhancing the partnership … Read the full press release

Škoda Auto Champions Circular Economy by Repurposing Steel Offcuts in Decarbonisation Initiative

(IN BRIEF) Škoda Auto has joined the SATURNIN project led by Beneva to repurpose steel waste and support industrial decarbonisation. The initiative, which embodies circular economy principles, connects manufacturers by matching data on sheet metal offcuts with the needs of … Read the full press release

Pavel Zeman Begins Second Term as Czech National Member at Eurojust

(IN BRIEF) Pavel Zeman has officially taken up his role as the new National Member for the Czech Republic at Eurojust, succeeding Lukáš Starý. This marks his second term at the agency, having previously served as the country’s first National … Read the full press release

Deutsche Telekom Debuts Flying Base Station at Jizerská 50 to Provide Mobile Coverage in Remote Areas

(IN BRIEF) Deutsche Telekom has made history by deploying a drone as a mobile base station at the Jizerská 50 cross-country ski race in the Czech Jizera Mountains. This marks the first-ever use of a UAV with an integrated mobile … Read the full press release

CTP and Hitachi Energy Collaborate on Sustainable Factory and Campus Development in Czech Republic

(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

Škoda Auto Celebrates 30 Years of Innovation at M13 Production Hall in Mladá Boleslav

(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

Siemens Mobility Expands Mireo Fleet for ÖBB with 30 New Trains for Austrian Rail Network

(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

EIB Increases Support for Czech Republic with €2.47 Billion Investment in Key Infrastructure and SMEs

(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

EIB Supports Czech Rail Upgrades with €466 Million Loan to Enhance Sustainability and Safety

(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

Stadler to Install New Dual Traction System for Leo Express Following Rail Network Upgrades in Central Europe

(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

Bilfinger Expands Engineering Workforce in Czech Republic with Acquisition of 200 McDermott Employees

(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

Savills Expands European Presence with New Partnership in Serbia

(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

Logicor Launches New Sustainable Logistics Park in Příšovice, Czech Republic

(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

FedEx Strengthens Central and Eastern Europe Operations with New Facility in Plzeň, Czech Republic

(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

EIB and ČEZ Partner on €400 Million Loan to Enhance Czech Energy Infrastructure and Green Transition

(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