Monday, 23 April 2018

Radio Prague

Poldi Steelworks auctioned off for CZK 261 million

Radio Prague |
13 April 2018

The bankrupt Poldi Steelworks was auctioned on Thursday for 261 million crowns. The former jewel of Czech steelmaking at Kladno has been closed for years and been in insolvency since the end of 2017. The winning bid came from Stanislav Kraslavski, who is based in Switzerland. He said he wanted to restart production as soon as possible.

Škoda Auto sees double digit increase in Q1 deliveries

Radio Prague |
13 April 2018

The Czech Republic's biggest car maker, Škoda Auto, increased deliveries in the first quarter of the year by 11.7 percent to total 316,700 vehicles. In March, deliveries climbed by 10.7 percent to 120,200. Key markets such as China, Russia, and Western Europe were strong.

Former US ambassador to Prague on what it was like to serve in Communist Czechoslovakia

Radio Prague |
13 April 2018

Former US ambassador to Czechoslovakia William Luers and his wife Wendy recently visited Prague and gave a talk at the American Centre about what it was like to be posted in Communist Czechoslovakia in the 1980s.

Czech-based Avast eyes London float

Radio Prague |
13 April 2018

Czech-based anti-virus company Avast has announced plans to launch shares on the London stock exchange this year with the aim of raising around 200 million US dollars. The Prague-based software security and protection company, which could be valued at around four billion dollars, says it wants to ease its debt burden and create room for further growth. The share offer is likely to be targeted at institutional investors.

World's largest Franz Josef I coins collection to be auctioned in Prague

Radio Prague |
12 April 2018

The biggest collection of coins featuring Habsburg Emperor Franz Josef I, which is estimated to worth 100 million crowns, will be auctioned in Prague next week.

Krnáčová not to stand for re-election as Prague mayor

Radio Prague |
12 April 2018

The mayor of Prague, Adriana Krnáčová of ANO, will not stand again in elections in the autumn, Mladá fronta Dnes reported on Wednesday. The newspaper said Ms. Krnáčová was planning to quit politics entirely.

Biggest ever Czech crowd funding project fuels relaunch of iconic Čezeta scooter

Radio Prague |
12 April 2018

Englishman Neil Smith is behind the rebirth of a distinctive and iconic Czech scooter from the 1950s and 1960s – the Čezeta. The new version is electric and the project has just benefitted from the biggest Czech crowdfunding ever with capital raised for marketing and further production in just 10 days.

Czech gov't concerned over future of Ostrava steelmaker

Radio Prague |
12 April 2018

The future of the Czech Republic’s biggest steelmaker, Arcelor Mittal Ostrava, is at the centre of government and union worries.

New European directive aims to end practice of dual quality of foods and other products

Radio Prague |
12 April 2018

A new directive was announced by the European Commission on Wednesday which spells the end of dual quality in numerous international brand foods and other products across different EU countries.

Martin Šmok: Long-lasting constructs of enemy being used to fuel levels of hatred unseen since war

Radio Prague |
11 April 2018

Martin Šmok moved to the US in the 1990s to work with the USC Shoah Foundation, which has recorded video interviews with more than 50,000 Holocaust survivors. Long back in Prague, he remains a senior international program consultant with the project and is also active in the field of education.

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