Tag Archives: Czech Republic

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