Czech billionaire Petr Kellner has reiterated his interest in acquiring a stake in Slovak gas utility SPP, finance.cz reported citing an interview of Kellner with Mlada Fronta Dnes. Kellner said talks with GDF Suez and E.ON, which together own 49% of SPP are under way but no agreement has been reached yet. The value of the investment in SPP is estimated at EUR 2bn. GDF Suez and E.ON bought the stake in SPP for EUR 2.7bn in 2002. The remaining stake in SPP is owned by the Slovak state. Kellner controls investment group PPF, which together with financial group J&T own energy group EPH that has been tipped as one of the potential investors in SPP. |
Social Democrats (CDDS), the major Czech opposition party, proposed next year's general and European elections to be held on the same day, CTK news agency reported. CSSD leader Bohuslav Sobotka ... more
The Czech unit of UK retailer Tesco faces a fine of up to CZK 3mn (EUR 116,000) for selling beef lasagne containing undeclared horsemeat, Radio Prague reported. The state-run Agricultural and Food ... more
The upper house of the Czech parliament, the Senate, voted on March 20 a constitutional amendment to limit the immunity of lawmakers and constitutional judges, Radio Prague reported. Out of the ... more