The Czech plant of South Korean car producer Hyundai reported a net profit of CZK 1.55bn (EUR 64mn) in the first nine months of 2010, after a loss of CZK 1.35bn a year earlier, Radio Prague reported. The company produced higher-than-expected 200,135 cars at its Nosovice plant in northern Moravia in 2010, by 70% more than in the previous year. The Nosovice plant is operated by Hyundais Czech unit Hyundai Motor Manufacturing Czech(HMMC). The company now employs 2,600 people and plans to increase their number to 3,600 after it introduces a third shift in the second half of this year. |
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