Tag Archives: Czech Republic

České dráhy Secures €300 Million EIB Loan to Modernize Czech Rail Fleet for Enhanced Safety and 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

ORLEN Expands Sustainable Fuel Portfolio with HVO100 Biofuel Sales in Germany

(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

EIF-Led Innovation Fund Receives First Contributions to Support Central and Eastern European Growth Companies

(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

Colas Secures €77 Million Contract to Modernize Key Railway Line in Czech Republic

(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

Plzeňský Prazdroj Becomes First Major Tenant at Logicor’s New Příšovice Logistics Hub

(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

Arriva Accelerates Czech Republic’s Transition to Electric Public Transport with New Fleet of Zero-Emission Buses

(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

Vodafone’s NG-SOS App Achieves 4 Million Downloads, Revolutionizing Emergency Response Across Europe

(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

Skanska Secures CZK 1.3 Billion Contract to Upgrade Jihlava-City Railway Station in Czech Republic

(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

EIB Green Loan Boosts Brno’s Environmental Renaissance: Modernizing Wastewater Treatment

(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

EIB Board Greenlights €4.3 Billion Investment Across Europe for Sustainable Development

(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

MONETA and EIB Team Up to Boost Sustainable Business Growth in Czechia

(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

European Investment Bank Group Advisory Services to Address Affordable Housing Shortage in Czechia

(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

EIB Group Investment in Czechia Spurs Greener Infrastructure, Boosts Small Businesses, and Drives Innovation

(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

Expansion of Kvasiny Plant Boosts Škoda’s Capacity for Second-Generation Kodiaq SUVs

(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

Logicor Initiates Construction of State-of-the-Art Logistics Park in Czech Republic

(IN BRIEF) Logicor, a leading European logistics real estate company, has commenced the construction of its inaugural regional logistics park in the Czech Republic. This site, strategically located near major road connections between Prague and Liberec, is undergoing a two-phase … Read the full press release

Lindner Group’s Sustainable Raised Floors Shape Škoda Auto’s New Headquarters

(IN BRIEF) In Mladá Boleslav, Czech Republic, Škoda Auto is constructing its new Laurin & Klement Campus, set to be the company’s headquarters. The campus, covering 44,000 square meters, will accommodate 1,700 employees and features modern office spaces, a company … Read the full press release

EIB’s Largest-Ever Loan Agreement in Czech Republic Fuels Rail Network Upgrade

(IN BRIEF) The European Investment Bank (EIB) has signed a historic loan agreement worth CZK 24 billion (€992 million) with the Czech Ministry of Finance to support the transformation of the country’s rail network. This monumental financing deal, the largest … Read the full press release

Arriva Secures 10-Year, €50 Million Per Year Contract for 14 Bus Routes in Czech Republic’s Central Bohemia

(IN BRIEF) Arriva, a leading public transport operator, has won 14 separate bus contracts in the first competitive public tender for the Central Bohemia region of the Czech Republic. This achievement solidifies Arriva’s presence in the region for the next … Read the full press release

ČEPS and RWE Finalize Sale of RWE Gas Storage CZ

(IN BRIEF) State-owned electric power transmission operator ČEPS has finalized the sale of its subsidiary, RWE Gas Storage CZ, to RWE, a German energy company. The Czech Republic’s government approved the purchase, and the contract was signed recently. RWE Gas … Read the full press release

Škoda Auto’s ‘Offers’ In-Car App Expands to Eight Markets, Bringing Discounts and Convenience to Drivers

(IN BRIEF) Škoda Auto has extended its ‘Offers’ in-car infotainment app to eight markets, offering over 100 discounted products and services accessible from the user’s vehicle. The app is compatible with Škoda vehicles equipped with the latest-generation Amundsen and Columbus … Read the full press release

Škoda Revs Up for 20th Sachsen Classic Rally with a Fleet of Iconic Vintage Models

(IN BRIEF) Škoda Classic team is participating in the 20th Sachsen Classic rally with seven iconic Škoda vehicles built between 1948 and 1988. The rally, known for its focus on regularity and precision rather than speed, starts in Zwickau on … Read the full press release

EBRD Invests in UniCredit’s Green Covered Bond to Promote Sustainable Finance in Czech Republic

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has invested €45 million in UniCredit Bank Czech Republic and Slovakia a.s. (UCBCS) to support their inaugural green covered bond issuance. The bond, with a five-year maturity, will be listed … Read the full press release

Gruppierungen der organisierten Kriminalität nach gemeinsamen Ermittlungen der Tschechischen Republik und Finnlands zerschlagen

(IN KÜRZE) Ein kriminelles Netzwerk, das am Menschenhandel zum Zweck der sexuellen Ausbeutung beteiligt ist, wurde durch gemeinsame Bemühungen der Tschechischen Republik und Finnlands mit Unterstützung von Eurojust und Europol zerschlagen. Die organisierte Kriminalität rekrutierte Frauen in der Tschechischen Republik … Read the full press release

Organized Crime Groups Dismantled Following Joint Investigations by Czech Republic and Finland

(IN BRIEF) A criminal network involved in human trafficking for sexual exploitation has been dismantled by the joint efforts of the Czech Republic and Finland, with the support of Eurojust and Europol. The organized crime groups recruited women in the … Read the full press release

Logistics real estate firm Logicor doubles presence in Czech Republic with brownfield acquisition

(IN BRIEF) Logicor, a leading owner, manager, and developer of logistics real estate in Europe, has acquired a brownfield in the Czech Republic, which is approximately 100,000 sqm in size, doubling its footprint and expanding its presence in the market. … Read the full press release

Metso Outotec to continue metallic wear parts production at Prerov foundry in the Czech Republic

(IN BRIEF) Metso Outotec has announced that it will continue the operations of its Prerov foundry in the Czech Republic. The decision follows the completion of an evaluation process announced in November 2022. During the evaluation process, the foundry’s competitiveness … Read the full press release

Die ORLEN-Gruppe eröffnet ihre erste Wasserstofftankstelle in Prag, um umweltfreundlichen Kraftstoff zu fördern

(IN KÜRZE) Die ORLEN-Gruppe hat eine neue Wasserstofftankstelle am Standort ORLEN Benzina in Prag in Betrieb genommen, die umweltfreundlichen Kraftstoff für Pkw, Lkw und Busse in der Tschechischen Republik anbieten wird. Später in diesem Jahr wird die ORLEN-Gruppe auch Wasserstofftankstellen … Read the full press release

ORLEN Group launches its first hydrogen refuelling station in Prague to promote eco-friendly fuel

(IN BRIEF) ORLEN Group has launched a new hydrogen refuelling station at the ORLEN Benzina facility in Prague, which will offer eco-friendly fuel for cars, trucks, and buses in the Czech Republic. Later this year, ORLEN Group will also introduce … Read the full press release

EIB and EIF support regional development and sustainable innovation in Czech Republic with €1.85B investment in 2022

(IN BRIEF) The European Investment Bank Group, consisting of the European Investment Bank and the European Investment Fund, invested €1.85 billion in the Czech Republic in 2022 to support regional development, improve sustainable development and innovation in small and medium … Read the full press release

Saint-Gobain helped rebuilt the tornado destroyed schools in Moravská Nová Ves, Czech Republic

(PRESS RELEASE) COURVEVOIE, France, 6-Sep-2022 — /EuropaWire/ — Saint-Gobain (EPA: SGO), a French multinational producer of construction, high-performance, and other materials, has announced its donation and support for the schools in Moravská Nová Ves (Czech Republic), destroyed by a tornado … Read the full press release

Czech Republic joins EBRD Research Coverage Programme, the bank’s equity research programme for SMEs

EBRD extends equity research programme to the Czech Republic Programme supported by TaiwanBusiness – EBRD Technical Cooperation Fund Listed-sme.com now covers 21 mid-sized companies in 10 countries (PRESS RELEASE) LONDON, 24-May-2022 — /EuropaWire/ — The European Bank for Reconstruction and … Read the full press release

Die Tschechische Republik tritt dem Research Coverage Programme der EBWE bei, dem Equity-Research-Programm der Bank für KMU

Die EBWE weitet das Aktienrechercheprogramm auf die Tschechische Republik aus Programm unterstützt von TaiwanBusiness – EBWE-Fonds für technische Zusammenarbeit Listed-sme.com deckt nun 21 mittelständische Unternehmen in 10 Ländern ab (PRESSEMITTEILUNG) LONDON, 24-May-2022 — /EuropaWire/ — Die Europäische Bank für Wiederaufbau … Read the full press release

ŠKODA AUTO to use wool combined with recycled polyester for the seat covers of all of its ŠKODA ENYAQ iV electric vehicles

ŠKODA AUTO consistently focuses on sustainability along the entire value chain Car manufacturer works with suppliers and the scientific community on innovative materials which are then used in series production Video reveals how the seat covers for the ENYAQ iV … Read the full press release

Skanska to build highway section between Staré Město – Moravský Písek in Czech Republic for EUR 77M

(PRESS RELEASE) STOCKHOLM, 19-Jul-2021 — /EuropaWire/ — Multinational construction and development company Skanska announces that it has signed a EUR 77M (SEK 780M) worth contract with National Highway Authority of the Czech Republic for the construction of a highway section … Read the full press release

EBRD appoints Elisabetta Falcetti as the new Head for Poland

(PRESS RELEASE) LONDON, 15-Jun-2021 — /EuropaWire/ — European Bank for Reconstruction and Development (EBRD) announces the appointment of Elisabetta Falcetti as the new Head in in central Europe and the Baltic states (CEB). EBRD President Odile Renaud-Basso has formally introduced … Read the full press release

Deka Immobilien acquires Parkview office building in Prague, Czech Republic from Skanska

(PRESS RELEASE) STOCKHOLM, 15-Jan-2021 — /EuropaWire/ — Skanska announces that its Parkview office building located in Prague, Czech Republic has been sold to Deka Immobilien, one of Europe’s leading real estate investors and asset managers, for EUR 77M, about SEK … Read the full press release

Czech Republic: Skanska to upgrade the old D1 Motorway under CZK 1.4 billion agreement

(PRESS RELEASE) STOCKHOLM, 22-Jan-2020 — /EuropaWire/ — Construction and development company, Skanska, is set to modernize the 14-kilometer D1 motorway in Czech Republic under the CZK 1.4 billion (SEK 580 million) contract with the Road and Motorway Directorate.  The oldest … Read the full press release

Eurovia selected for €60 million railway line refurbishment in Prague, Czech Republic

(PRESS RELEASE) RUEIL-MALMAISON CEDEX, 7-Jun-2019 — /EuropaWire/ — Eurovia selected to refurbish the 6 km railway section between Lysá and Labem and Èelákovice northeast of Prague. The contract is part of a joint venture with Elektrizace železnic that was awarded … Read the full press release

EMBO awards Installation Grants to ten life scientists to set up laboratories in Czech Republic, Estonia, Poland, Portugal and Turkey

HEIDELBERG, 14-Dec-2016 — /EuropaWire/ — Ten life scientists have been awarded EMBO Installation Grants to set up independent research laboratories in the Czech Republic, Estonia, Poland, Portugal and Turkey. “Through the Installation Grants we encourage some of the best early-career researchers … Read the full press release

The EnerCap Power Fund to refinance its 18 MW Horní Lodĕnice Wind Farm in eastern Czech Republic

PRAGUE, 18-Aug-2016 — /EuropaWire/ — The EnerCap Power Fund, managed by EnerCap Capital Partners has taken advantage of low interest rates and a forced loan portfolio sale by its existing lender to refinance its 18 MW Horní Lodĕnice Wind Farm in … Read the full press release